Answer:
The value of money factor (future value of a lump sum for three year at 10% interest rate) is 1.331
we will return the principal and 33.1% of the principal as interest
Explanation:
we have to calcualte the FV of a principal of $1 after 3 year exposed to 10% interest rate:
Answer:
The amount of $64,000 which is should be D (Durango) budget for cash disbursement for the inventory in the month of November
Explanation:
The amount which is should be D budget for cash disbursement for the inventory in the month of November is as:
Amount = 60% of purchase of October + 40% of purchases of November
where
60% of purchase of October = 60% × $40,000
= $24,000
60% of purchase of October = 40% × $100,000
= $40,000
So, putting the values above:
Amount = $24,000 + $40,000
Amount = $64,000
<h2>Meditation is the strategy which the coworkers should follow to resolve conflict.</h2>
Explanation:
Meditation is a very simple process which should be followed for peace of mind, calmness, mental relaxation and for various other benefits.
Since there are too much of conflict exists between coworkers, it is better if the coworkers do meditation daily, will calm down their mind and create an environment for them to talk with each other in a polite manner.
The calmness can be brought in many ways, but meditation is the simple solution and also powerful.
Answer:
D. there is not enough information to determine the change in the overall price level.
Explanation:
A price level is the average of current prices across the entire spectrum of goods and services produced in the economy. To determine the price level, information about current and past period's prices of a basket of goods and services is needed to be compared.
It is only the availability of two or more sets of such information that will enable a comparison to be made and for conclusions to be drawn.
Answer:
Debit cash for $100,000
Credit cash for $100,000
Explanation:
It should be noted that on September 1, the only transaction that occurred is the receipt of cash by Vicario, Inc. from First National Bank and no interest expenses has been accrued.
Based on this therefore, the journal entry for Vicario on September 1 will appear as follows:
<u>Date Name of Accounts DR ($) CR ($) </u>
Sept. 1 Cash 100,000
Notes payable 100,000
<u><em> (To record borrowing from First National Bank.) </em></u>
