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lilavasa [31]
3 years ago
6

Hey wassup I'm lowkey bored y'all wanna do sum?

Business
2 answers:
Zielflug [23.3K]3 years ago
8 0

Answer:

Lol

Explanation:

What cha doing?

Juliette [100K]3 years ago
3 0

Honestly I just want some points not to ruin ur chill or notin

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Tolino Company signed a 5-year note payable on January 1, 2019, of $200,000. The note requires annual principal payments each De
konstantin123 [22]

The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600

<u>Explanation:</u>

Given data:

amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years

the following calculation is made in order to find out the amount of interest:

Amount of note minus principal payment multiply with rate of interest

now, putting the figures in formula:

interest = 200000 minus 40000 = $160000 multiply with .06 = $9600

Thus, the interest amount = $9600

The interest expense will be debited with an amount of $9600 in the books of accounts.

8 0
3 years ago
A tragic flaw in a character is cause by
suter [353]
Tragic flaw is a literary device that can be defined as a trait in a character leading to his downfall, and the character is often the hero of the literary piece. This trait could be the lack of self-knowledge, lack of judgment, and often it is hubris (pride).
3 0
3 years ago
The Nobel Prize-winning economist Paul Samuelson argued that contrary to the standard interpretation, in certain circumstances t
Oxana [17]

Answer:

True

Explanation:

The theory by Paul Samuelson postulated that trade liberalisation makes a rich country worse off when trading with a poor country.

Paul Samuelson being the American that won the Nobel Peace Prize in Economics, was also called the Father of Modern Economics.

He authored the best-selling economics textbook: Economics: An Introductory Analysis, which is considered an authority in Keynesian Economics.

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3 years ago
Read 2 more answers
The manufacturing operations of a company had the following balances for the year: Beginning Balance Ending Balance Raw material
Mekhanik [1.2K]

Answer:

The Adjusted Cost of Goods Sold for the year is $926,000

Explanation:

The formula to compute COGS is:

Ending inventory = Opening inventory + Work in progress - Unadjusted COGS (Cost of Goods Sold)

$ 23,000 = $28,000 + 918,000 - COGS

COGS = $946,000 - $23,000

           = $ 923,000

The formula to compute the Adjusted Cost of Goods Sold is:

Adjusted Cost of Goods Sold = Unadjusted Cost of Goods Sold + Under- applied overhead

= $923,000 + $3,000

= $926,000

3 0
3 years ago
If a 20 percent increase in the price of red bull energy drinks results in a decrease in the quantity demanded of 25 percent, th
yanalaym [24]

The correct answer is that the price elasticity of demand is elastic.

Price elasticity occurs when a change in price results in a change in demand. In this example, a 20 percent increase in the price of the drinks resulted in a 25 percent decrease in the demand for the product. Because the price increase resulted in a demand decrease the price is elastic.

4 0
3 years ago
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