Answer:
$8,000
Explanation:
The computation of the interest expense is shown below:
= Note payable × interest rate × number of months ÷ total number of months - Note payable × interest rate × number of months ÷ total number of months
= $200,000 × 12% × 6 months ÷ 12 months - $200,000 × 12% × 2 months ÷ 12 months
= $12,000 - $4,000
= $8,000
The 6 months is calculated from November 1, 20X1 to May 1, 20X2
And, the 2 months is calculated from On November 1, 20X1 to December 31,20X1
We assume the accounts are closed on December 31
Or we can do one thing also
Take the 4 months from Jan 1, 20X2 to May 1, 20X2
= $200,000 × 12% × 4 months ÷ 12 months
= $8,000
Men get treated better than women. Men are more superior. Womes Rights
Answer:
A data point that shows a good propensity of a borrower to pay back loans is location efficiency and or stability. This data point projects a 6% increase whether or not the borrower will repay the loans he/she borrowed.
Individual activities and their durations are developed during the planning phase of the project life cycle.
<h3>What is a business plan?</h3>
- A business plan is a document that outlines a company's primary business operations and how it intends to accomplish its objectives.
- Business plans are used by startup enterprises to gain traction and draw in outside investors.
- An executive team can utilize a business plan as an internal roadmap to maintain focus on and progress toward short- and long-term goals.
- Businesses may write a typical business plan that is longer or a lean startup plan that is shorter.
- An executive summary, sections on products and services, marketing strategy and analysis, financial planning, and a budget should all be included in good business plans.
To learn more about Planning, refer to the following link:
brainly.com/question/27989299
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