Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $1,100
To Interest revenue $100
To Note receivable $1,000
(Being cash received in respect of note receivable, interest accrual is recorded)
The computation of accrued interest is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= 1,000 × 10%
= $100
Answer:
B. The internet of things
Explanation:
The internet of things will someday make the scenario presented in the question become a possibility.
The internet of things is a system of interrelated computing devices, mechanical and digital device composed of unique identifiers that enables the transfer of data over a network without requiring human to human interaction or even human to computer interaction. Thus, like in this case, connections between cargo vessels and transport network without the human factor will be a possibility because of internet of things.
What the internet of things does is that it allows closed private internet connections to communicate with others while bringing those networks together. It refers to the billions of devices around the world that are connected to the internet.
Answer:
the long-run framework.
Explanation:
In Economics, Growth can be defined as an increase or rise in the level of output and production of goods and services over a specific period of time by a business entity.
Issues of growth are generally considered by economists in the long-run framework because growth itself is a long-run phenomenon in economics.
A long-run growth refers to the continuous and sustained increase in the level of output of goods and services or quantity of production that a business is able to achieve.
Hence, all of the four factors of production affects the level of growth that is being experienced by an individual or organization. These factors are;
1. Capital.
2. Labor.
3. Land.
4. Entrepreneur.
<em>In a nutshell, business owners and economist usually consider the growth of a business as a long-run phenomenon rather than as a short-run phenomenon. </em>
<span>One criticism against the ‘supply-slide’ cuts in the marginal
tax rates is that they fail to increase the aggregate supply in a more rapid
way, in which are the goods and services in total that are available in the
market and that they fail to increase it more than of the aggregate demand
which is the goods and services’ final demand.</span>
Answer:
$61,500
Explanation:
Based on the information given if the company
issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:
Credit to Common Stock=4,100 shares*$15 per share
Credit to Common Stock=$61,500
