The correct answer is letter B
Answer:
C.$5,000.
Explanation:
November 1, 2013
Amount of Loan = $500,000
As the Interest is payable at maturity, at December 31, 2013 only one month of interest expense is accrued, which is not paid, Following Journal entry will be passed tor record the interest expense.
Dr. Interest Expense $2,500
Cr. Interest Payable on Note $2,500
Interest Expense = $500,000 x 6% x 2/12 = $5,000
Answer:
Explanation:
The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.
The multiplier effect refers to the increase in final income arising from any new injections.
Calculating the Multiplier Effect for a simple economy
k = 1/MPS
A = 1/0.1 =10
B= 1/.5=2
Answer:
$29.00
Explanation:
Direct labor time standard consists of basic time plus allowance for breaks, downtime and rejections.
The direct labor standard cost per hour will be a combination of all factors relating to labor:
Carpenters' wages are $20.00 per hour.
Payroll costs are .............$3.00 per hour,
and benefits are .............$6.00 per hour.
Standard labor cost IS..$29.00 per hour.
Answer:
A mean purpose of business is to get profit
Explanation:
because in a business there is amount of money invested
