Answer:
Cash account for $10,100
Explanation:
The journal entry is shown below:
Cash Dr $10,100
To Note receivable $10,000
To Interest revenue $100
(Being the receipt of the payment is recorded)
The computation of the interest revenue is
= $10,000 × 6% × 60 days ÷ 360 days
= $100
For recording this entry we debited the cash account and credited the note receivable and the interest revenue account
We assume the 360 days in a year
Answer:
Option (c) is correct.
Explanation:
Andy can produce 24 loaves of bread or 8 pounds of butter:
Opportunity cost of producing 1 pound of butter = (24 ÷ 8)
= 3 loaves of bread
John can produce 8 loaves of bread or 8 pounds of butter:
Opportunity cost of producing 1 pound of butter = (8 ÷ 8)
= 1 loaves of bread
Therefore,
John has a comparative advantage in producing butter because of lower opportunity cost.
Hence, the opportunity cost of producing 1 pound of butter is 3 loaves of bread for Andy and 1 loaves of bread for John.
Answer:
B. is a franchisor.
Explanation:
A franchisor is a business that sells the right to use its name and sell its product to another business.
A franchisee is the business that buys the right from the franchisor.
A limited partnership is a form of partnership where one or more of the partners have a limited liability.
A subsidiary company is a company owned by the parent company.
I hope my answer helps you.
<span>If the asset was recorded as having a historical cost of $14,725, then that amount is its initial book value, from which depreciation is subtracted. If the asset had accrued $10,000 in depreciation, then its book value at the time was $4,725. As such, if the asset was disposed with no market value, its disposal will be reflected as a book loss of $4,725.</span>
Answer:
The correct answer is D: All of these should be considered.
Explanation:
The following is a list of things to be considered in a multinational capital budgeting:
- Exchange rate fluctuations. Different scenarios should be considered together with their probability of occurrence.
- Inflation
- Financing arrangement
- Blocked funds
- Uncertain salvage value
- Impact of project on prevailing cash flows
- Host government incentives
Cheers!