Answer:
0.375
Step-by-step explanation: All you need to do is divide 3 and 8
Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
Answer:
When the heat is raised (for instance, as water is boiled), the higher kinetic energy of the water molecules causes the hydrogen bonds to break completely and allows water molecules to escape into the air as gas. We observe this gas as water vapor or steam.
Step-by-step explanation:
W equaling any number lower than 26