1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mazyrski [523]
3 years ago
11

Sodium Inc. borrowed $175,000 on April 1. The note requires interest at 12% and principal to be paid in one year. How much inter

est is recognized for the period from April 1 to December 31?
Business
1 answer:
Oksanka [162]3 years ago
6 0

Answer:

The amount of interest that is recognized for the period from April 1 to December 31 is $15,750

Explanation:

According to the given data we have the following:

interest=12%

From April 1 to December 31 we have 9 months

Sodium Inc. borrowed $175,000

Therefore, in order to calculate the amount of interest that is recognized for the period from April 1 to December 31 we would have to make the following calculation:

Interest for 9 months= $175,000 x 12% x 9 months / 12

Interest for 9 months=$15,750

The amount of interest that is recognized for the period from April 1 to December 31 is $15,750

You might be interested in
What feature of heaps allows them to be efficiently implemented using a partially filled array?
oksian1 [2.3K]
The answer is "<span>Heaps are complete binary trees".</span>

In software engineering, a heap is a particular tree-based information structure that fulfills the heap property. The heap is one maximally effective execution of a dynamic information sort called a priority queues, and in reality priority queues are regularly alluded to as "heaps", regardless of how they might be implemented.
7 0
3 years ago
Although you may know William Shakespeare from his classic literature, what is not well-known if that he was an astute investor.
coldgirl [10]

Answer:

oh shot man idk

Explanation:

3 0
3 years ago
Using notes outside of given key to produce heightened color is referred to as
Yanka [14]

Using notes outside of a given key to produce heightened color is referred to as  "chromaticism".



Chromaticism, in music, the utilization of notes unfamiliar to the mode or diatonic scale whereupon an organization is based.  


Chromatic tones in Western craftsmanship music are the notes in an organization that are outside the seven-note diatonic (i.e., major and minor) scales and modes. On the piano console, the dark keys speak to the 5 chromatic tones that don't have a place with the diatonic size of C real; high contrast keys together mean the chromatic size of 12 tones for every octave.

6 0
3 years ago
Read 2 more answers
People who make goods and services are called _____ . <br> consumers<br> producers<br> investors
Aneli [31]
People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Consumers are people who requires the goods and services provided by the producers.


8 0
3 years ago
Read 2 more answers
EMC Corporation has never paid a dividend. Its current free cash flow of $490,000 is expected to grow at a constant rate of 4.4%
disa [49]

Answer:

$5,697,674

Explanation:

Dividend Valuation method is used to value the operations of a company based on the dividend paid, its growth rate and rate of return/WACC. The price is calculated by calculating present value of future dividend payment.

Free cash flow is the residual cash flow of operation after paying the capital expenditure from net income of the company. It represent the cash from the operations.

Formula to calculate the value of operation

Value of Operations = FCF / ( WACC - growth rate )

Value of Operations = $490,000 / ( 13% - 4.4% )

Value of Operations = $5,697,674

7 0
3 years ago
Other questions:
  • A security business invoices its 30,800 customers on the first day of each month, with each of two computers doing half the job.
    6·1 answer
  • 1. Which of the following statements defines "grace period:" 1. The grace period is the day your payment is due. 2. The grace pe
    10·1 answer
  • Granite Company purchased a machine costing $133,000, terms 2/10, n/30. The machine was shipped FOB shipping point and freight c
    14·1 answer
  • Suppose that a nation has a GDP of 1.0 trillion dollars in 2000. If a country grows at an average rate of 3.0 % per year over a
    12·1 answer
  • The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not w
    14·1 answer
  • Cougar Corporation bought inventory on account on August 23rd. Cougar paid its supplier for the inventory on August 28th. Cougar
    7·1 answer
  • Planning to finance higher education helps people prepare for their financial future because it teaches them about
    10·2 answers
  • After the purchase of a new car, Johanna Morales had the feeling that she made an awful mistake in terms of paying too much for
    5·1 answer
  • In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy: changes income, which chang
    14·2 answers
  • What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!