Aisha appears to be overconfident, which makes her unapproachable to her employees. Which negative quality is she displaying?

Valley Spa purchased $10,200 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 14% promissory note for $10,200.

zavuch27 [327]

Answer: Debit Accounts Receivable -Valley Spa of $10,438 Credit interest revenue $238, Credit Notes receivable $10,200

Explanation:

Interest Revenue = Principal x Rate X time

$10,200 x 14% x 60/ 360 ( Using 360 days in a year)

$238

Journal to record dishonored note for Tubman

Accounts titles and explanation Debit Credit

Accounts receivable $10, 438

Interest revenue $238

Notes receivable $10,200

8 0

2 years ago

National sales meetings, training meetings, product introductions, and dealer/customer meetings are all examples of what type of

lutik1710 [3]

National sales meeting, training meetings, product introductions and dealer/customer meetings. All are meeting that you would be involved if you were in the sales, marketing, advertising or food and beverage fields.

5 0

2 years ago

Which of the following are required by the Sarbanes-Oxley Act?

Taya2010 [7]

Answer:

a. a report on internal control

Explanation:

the sarbanes-oxley act was passed in 2002. This law serves to help protect investors and the public from fraud while giving financial reports by corporations. It was sponsored by Senator Paul Sarbanes and Representative Michael Oxley. This legislation is to help improve the reliability of corporations financial reporting as well as to help improve the confidence of shareholders and investors.

This act requires a report on internal control.

5 0

2 years ago

If output is produced according to Q = 5Lk (L is the quantity of labor and k is the quantity of capital), the price of K is $12,

sattari [20]

Answer:

The option E is correct

Explanation:

Solution

Given that:

The output manufactured to Q = 5Lk

Where L= Labor quantity

k=Capital quantity

The price of K= $12

The price of L =$6

Now,

We find the combination of both K and L that will produce 4,000 units of output.

MPL/MPK is defined as the cost minimizing combination = w/r

Thus,

MPL/MPK = D(Q)/dl = 5k

same will be done for L,

MPL/MPK = D(Q)/dk = 5L

We divide 5K and 5L

So,

5k/5L =$6/$12

k/L = 1/2

Thus,

k =L/2

Now, when we substitute the value L = 2k in Q we have the following below:

Q = 5k * (2k)

Given that Q = 4000

So,

4000=10k2

4000=k2

we divide

k =20

L = 2k = 2820

= 40

Therefore, L =40, k = 20

8 0

2 years ago

Medlock Company sold inventory on credit for $3,000, terms 2/10, n/30. The cost of the merchandise to Medlock was $2,400. How mu

Finger [1]

Answer:

Medlock will receive $2,940

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

According to given data

Sales = $3,000

As the payment is made within discount period, so discount will be availed

Discount = $3,000 x 2% = $60

Now deduct the discount from due balance to calculate the amount received.

Amount Received = $3,000 - $60 = $2,940

4 0

3 years ago