Answer:
B. Shorter time periods usually have no affect on interest rates.
Explanation:
The interest rate is correllate to the potential risk of the investment.
As in a long period, there’re more unpredetermined risks, and we normally say “high risk high return). Thus a longer time period ussually have higher interest rate and vice versa.
In shorter period, we may dertermine the risk more easily then it deserves to enjoy lower interest risk.
Answer:
Purchases= 470,000 pounds
Explanation:
Giving the following information:
Beginning inventory= 60,000 pounds
Desired ending inventory= 120,00 pounds
Direct material for production= 410,000 pounds.
Purchases= production + ending inventory - beginning inventory
Purchases= 410,000 + 120,000 - 60,000
Purchases= 470,000 pounds
Answer:
The adjustment to net income for the period will be reported as:
Debit Interest expense ($600 - $500) $100
Credit Interest payable $100
<em>(Being interest expense for the period)</em>
Explanation:
Interest payable is the accumulation of the interest expense in the balance sheet overa specific period of time agreed with the creditor. When it becomes payable, the interest payable account is debited while cash is credited.
The interest payable in the Coffee Cup Company's account increased from $500 (credit balance) to $600 credit balance. This means there would have been an additional $100 interest expense recorded during the period in order to increase it to $600.
Answer:
The last one
Explanation:
A SMART goal always start with 'I will', this one starts with 'I want'
