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Alex777 [14]
3 years ago
7

On September 1, 2021, Sheffield Corp. issued a note payable to National Bank in the amount of $1460000, bearing interest at 8%,

and payable in three equal annual principal payments of $560000. On this date, the bank's prime rate was 7%. The first payment for interest and principal was made on September 1, 2021. At December 31, 2021, Sheffield should record accrued interest payable of
Business
1 answer:
Lisa [10]3 years ago
3 0
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As a manager, jermaine, defines goals, set performance objectives, and identify action steps for accomplishing them. jermaine is
enyata [817]

If Jermaine defines goals, set objectives and identifies the steps for having to accomplish them, she is engaged with the management function of planning as planning is a function in management in having to make plans in order to acquire specific goals.

3 0
3 years ago
Arthur Rabe is suing Xavier Sanchez for breaching a contract in which Sanchez promised to sell Rabe a Van Gogh painting for $150
OLEGan [10]

Answer:

Remedies

a. The suing party is called the plaintiff. The party being sued is the defendant. Therefore, since Arthur Rabe wants to sue Xavier Sanchez. Rabe is the Plainttiff and Sanchez is the Defendant.

b. If Rabe wants Sanchez to perform the agreement as promised, Rabe would seek remedy of Specific performance of Contract from the Court. Failure to do so will attract charges.

c. If Rabe wants the contract to be cancelled, then Rabe would ask the court for a rescission which is the cancellation of a contractual obligation.

d. The term remedies refers to a legal means to enforce a right or redress a wrong. Remedies of law include land, items of value or money. Remedies in equity includes specific performance, injunction and rescission. Thus, both remedies in part b and c are remedies in equity.

e. The party appealing a case is called the appellant or petitioner while the appellee is the party against whom the appeal is taken. So Sanchez would be the appellant and Rabe would be the respondent.

7 0
3 years ago
_____________ data can be obtained through the use of surveys, observation, and focus groups.
sergeinik [125]

Answer:

Primary

Explanation:

Im Smart

7 0
3 years ago
Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time
g100num [7]

Answer:

"Persuasive"  "reminder"

Explanation:

Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time to stock up on Campbell's Soup." During the storm the ads said, "Stay home and stay warm with Campbell's Soup." The first ad was persuasive advertising, while the second ad was reminder advertising.

3 0
3 years ago
Briggs Excavation Company is planning an investment of $132,000 for a bulldozer. The bulldozer is expected to operate for 1,500
nevsk [136]

<u>Solution and Explanation:</u>

The yYearly Equal Cash Inflows =(110-44-28) * 1500-8000  = 46000

Present Value of Inflows at the rate of 10% = $46000 * \text { PVIFA( } 5 \text { years }, 10 \%)$= 46000 multiply with 3.791 = 174386

NPV = 174386 minus 132500 = 42386

<u> Briggs must make an investment in the project as it generates additional wealth and NPV is positive </u>

For NPV = 0, PV of inflows = 132500

PV Of Inflows = Annual Cash Flow multiply with 3.791

Annual Cash Flow = 132500 divide by 3.791 = 34951.20

So, Hours =(34951.20+8000) /(110-46-28) = 1193.08 hours

3 0
3 years ago
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