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g100num [7]
2 years ago
11

Duerr Company makes a $69,000, 30-day, 10% cash loan to Ryan Company. The note and interest to be collected at maturity is: (Use

360 days a year.)
Business
1 answer:
Dimas [21]2 years ago
4 0

Answer:

the journal entry to record the loan:

E.g. January 1, 202x, loan made to Ryan Company

Dr Notes receivable 69,000

    Cr Cash 69,000

the journal entry to record the collection of the note:

E.g. January 31, 202x, note collected from Ryan Company

Dr Cash 69,575

    Cr Notes receivable 69,000

    Cr interest revenue 575

interest revenue = $69,000 x 10% x 30/360 = $575

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An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly
evablogger [386]

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

7 0
2 years ago
A financial services firm routinely processes a large volume of account change requests. A Lean Six Sigma team wants to understa
Harrizon [31]

Answer:

E) 1920

Explanation:

The computation of  the maximum items in process is shown below:

=  Number of maximum target cycle time ×  normal processing rate per minute × number of minutes in one hour

= 16 hours × 2 × 60 minutes

= 1,920

Simple we multiply the all items which are given in the question, so that the accurate value can come i.e maximum target cycle time, normal processing rate per minute and the number of minutes in one hour

3 0
3 years ago
It is important to manage customer relationships because customers provide a great deal of value to the company if they remain c
qwelly [4]

Answer:

Customer lifetime value predicts how much profit is associated with a customer during the course of their lifetime relationship with a company.

Explanation:

It is important to manage customer relationships because customers provide a great deal of value to the company if they remain customers for many years.

Customer lifetime value is greater for companies who have loyal customers as compared to customers who are one time only. They add less value to the company as customers are also a source of promotion for the company.

7 0
2 years ago
Is Cab Service in the UK is Excellent Choice for Transport?
Andreas93 [3]

Cab services are the best option for transportation in the UK.

Cabs are a type of personalized transport that works in the United Kingdom, this service offers several advantages compared to taxis such as:

  • It is cheaper than taxis.
  • It is more comfortable and less disturbing.
  • They have several options for the number of people traveling.
  • They can be booked easily and quickly
  • Offers a much faster transportation service than buses or black taxis
  • It is available 24 hours a day, 7 days a week.

Based on the above, it can be inferred that Cabs are the best transport service in the UK.

Learn more in: brainly.com/question/23627598

6 0
2 years ago
Which research method involves manipulating a variable in order to determine how it affects another variable (in a cause and eff
Ipatiy [6.2K]
<span>The research method that involves manipulating a variable in order to determine how it affects another variable (in a cause and effect relationships) is the experimental method. In this method, the experimenter would undergo several processes and along the way, he would manipulate the variables in order to see how it affects the other variable thus uncovering the cause and effect relationships of these variables.</span>
5 0
2 years ago
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