To determine the answer to this, let us first determine the
interest using the formula:
Interest = Principal amount * Interest rate * Number of
months / 12
September to December would be 4 months, therefore:
Interest = $50,000 * 0.06 * 4/12
Interest = $1,000
Therefore the adjusting entry should be:
debit to Interest Expense of $1,000
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⢀⢀⢀⢀⣠⣶⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣟⣤⣙⣿⣿⣾⣷⣄
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⢀⢀⣰⣿⢠⣿⣇⣶⣿⣿⣿⣿⣿⣿⣿⡟⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⢀⢀⢀⢀
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⣿⣿⣿⣿⣿⣿⣿⠹⣿⣿⣿⣿⣿⣿⣿⠁⠈⢀⡤⢲⣾⣗⠲⣿⣿⣿⣿⣿⣿⣟⠻⢿⣿⣿⡿⠃
⡿⣿⣿⣿⣿⣿⣿⡀⢙⣿⣿⣿⣿⣿⣿⢀⠰⠁⢰⣾⣿⣿⡇⢀⣿⣿⣿⣿⣿⣿⡄⠈⢿⣿⣿⣿⣦⣄⡀
⡇⢻⣿⣿⣿⣿⢿⣇⢀⢀⠙⠷⣍⠛⠛⢀⢀⢀⢀⠙⠋⠉⢀⢀⢸⣿⣿⣿⣿⣿⣷⢀⡟⣿⣿⣿⣿⣿⣟⠦
⠰⢀⠻⣿⣿⣿⣧⡙⠆⢀⣀⠤⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢸⣿⣿⣿⣿⣿⣿⢿⣧⢸⢻⣿⣿⠿⢿⡆⠁⠠⠠
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⢀⢀⢀⢀⠈⣿⣿⣿⣷⡀⢀⢀⢀⢀⢀⡒⠉⠉⢀⢀⢀⢀⢀⢀⢈⣴⣿⣿⡿⢀⡿⢀⢻⣿⣆⡈⣿⣿⠂⢀⢀⢀⢸⣿⢀⢀⢀⢀⢀
⢀⢀⢀⢀⢀⠘⣿⣿⣿⣷⣄⢀⢀⢀⢀⠐⠄⢀⢀⢀⠈⢀⣀⣴⣿⣿⣿⡿⠁⢀⣡⣶⣿⣿⣿⣿⣿⣯⣄⢀⢀⢀⢸⣿⢀⢀⢀⢀⠐⣠⣾
⢀⢀⢀⢀⢀⢀⢹⠻⣿⣿⣿⣿⣆⠢⣤⣄⢀⢀⣀⠠⢴⣾⣿⣿⡿⢋⠟⢡⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⣶⡄⣿⣿⢂⠐⢀⣤⡾⡟⠁
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⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢰⣿⣿⣿⢃⣶⣶⡏⠸⠟⣱⣿⣧⣛⣣⢾⣿⣿⣿⣿⣿⣿⣿⣿⣿⡟⠈⢀⢀⡼⠉⠉⠉⠁⢀⢀⢀⢀⢀⢀⢀
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⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠹⠉⢻⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣇
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⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠈⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⣄
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⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢹⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣇
⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠟⠋⠉⠛⢦
⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠛⠉⢀⢀⢀⢀⢀⢀⠁⡀
⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢻⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⢿⡿⠟⠁⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠐
⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠈⠙⠻⠿⢿⣿⣿⣿⣿⣿⡿⣿⡟⣿⠹⣮⣿⠁⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠠
⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠉⢀⠛⠳⢾⣷⣾⣿⣹⣿⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢧
⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢹⣿⣿⣇⢻⡀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⢀⠘⡆</span>
Answer:
4 million houses
Explanation:
Opportunity cost is the forfeited benefit as a result of choosing one option over others. Its value equals the cost of the next best alternative.
The cost of constructing a new home is $150,000. If the Federal Defence has a budget of $600 billion, the opportunity cost of spending that amount will be the equivalent number of units that can be built by the amount.
To calculate the number of units= $600 billion divided by $150,000
= $600,000,000,000/ $150,000
=4,000,000
=4 million units
Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.
Explanation:
- Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
- If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
- Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.
Answer:
a. intrinsic rewards
Explanation:
Intrinsic rewards at the workplace are those that meet personal, internal needs. These intrisic rewards can be summed up in job satisfaction and sense of accomplishment, but what makes a job satisfying, and what makes a worker feel accomplished is subjective, and varies from person to person.
Mike is focusing on the intrinsic rewards of his new job because he is giving more importance to this subjective aspects explained above than to external factors such as status, or wage.
