Answer:
$3,176 , it's two months of interests $1,588 + $1,588
Explanation:
If the company paid each month 1/12 of capital plus interest it means that it's necessary to deduct the total amount of interests paid each month.
The company paid $25,588 and the monthly capital it's $24,000, therefore the company paid on interest an amount of $1,588 each month.
The issue of a one year installment note means that the company repay the principal to the lender in a series of periodic payments, in this case each month pay principal plus interests
In the income statement we have to applied the accrual criteria which means that the company only recognize the interest paid in the past months, November and December.
Answer:
The consumer price index is a systematic calculation used to estimate price increases in a basket of goods and services that are indicative of consumption expenditure in the economy.
Explanation:
The Consumer Price Index refers to a metric used to determine the weighted average price of a set of consumer goods and services, such as food, transportation, and healthcare. CPI is accountable for monitoring the change in retail prices of fundamental and everyday goods and services purchased by households across the world. Changes in the CPI are required to measure increases in the price of living. The CPI is one of the most commonly used indicators for the detection of inflation or deflation cycles.
Answer:
c. Exporting
Explanation:
Exporting strategy -
It offers the prospective of new markets , better profit , more sales and wider spread of customers .
The strategy can even make the person successful .
The strategy of export is based on the assessment of the position and the research into a promising opportunities .
Hence , from the options given , the most appropriate is the Exporting .
Answer:
Cash A/c Dr $12,000
Account receivable A/c Dr $18,000
To Hardware revenues A/c $30,000
(Being the sale of hardware is recorded)
Explanation:
The journal entry is shown below:
Cash A/c Dr $12,000
Account receivable A/c Dr $18,000
To Hardware revenues A/c $30,000
(Being the sale of hardware is recorded)
Since the sale is taken which increase the current asset i.e cash account and the account receivable by $12,000 and $18,000 respectively so we debited it and the revenue is an income so we credited it
Determine the sequence of the human DNA.
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