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Step2247 [10]
4 years ago
11

On March​ 1, 2018, Vintage Services issued an​ 8% long-term notes payable for​ $22,000. It is payable over a​ 16-year term in​ $

1,375 principal installments on March 1 of each​ year, beginning March​ 1, 2019. Each yearly installment will include both principal repayment of​ $1,375 and interest payment for the preceding​ one-year period. The journal entry to pay the first installment will include a debit to Interest Expense for​ $1,760. True or False?
Business
1 answer:
AveGali [126]4 years ago
7 0

Answer:

True. The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx
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In the context of social responsibility and environmental management, by 2020, China’s _____ will be more than double the closes
Katena32 [7]

Answer:

Basel Convention

Explanation:

The overarching objective of the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal, also known as the Basel Convention, is to protect human health and the environment against the adverse effects of hazardous wastes. This is China's main contribution towards social responsibility and environmental management that will surpass the United States contribution.

3 0
3 years ago
Which pillar focuses on the ability to use IT and computing resources efficiently to meet system requirements, and to maintain t
olga_2 [115]

Answer: Performance Efficiency pillar

Explanation:

The performance efficiency pillar simply focuses on the efficient utilization of information technology and computing resources.

Some key topics that are involved in the performance efficiency pillar include choosing resource types, monitoring performance, and also maintaining efficiency as the business develops.

7 0
3 years ago
When Bloomingdale's New York store sprayed Donna Karan's new perfume DKNY onto the sidewalks outside the store to introduce the
Sati [7]

Answer:

Consumer Perception.

Explanation:

Consumer perception is part of consumer behaviour associated with how purchase are made by customers. Particularly the sensation process. The spraying of the perfume in this scenario was designed to sensitize potential buyers who may be walking buy or be in the vicinity.

3 0
3 years ago
Read 2 more answers
The​ ________ is the discount rate that equates the present value of the cash inflows with the initial investment.
Alla [95]
The D. internal rate of return (IRR) <span>is the discount rate that equates the present value of the cash inflows with the initial investment. 
This term refers to the profitability of a potential investment, meaning that it will show you how much an investment costs, and how much money you can possibly earn by predicting its future price and cost. It can also show you whether it is sensible to invest in something. </span>
3 0
3 years ago
Miller's department store is having a sale with a 25% discount on mattresses. if the sales tax rate is 8%, how much change will
Scorpion4ik [409]
<span>895 * 0.75 * 1.08 = 724.95$

800 - 724.95 =

75.05$</span>
6 0
3 years ago
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