Answer:
$720
Explanation:
Given that,
Principal = $36,000
Rate = 6% per year
Note issued by West carried an 18-month term.
Time period: 1st September to December = 4 Months
Interest expense = Principal × Rate × Time period 
= 36,000 × 6% × (4 ÷ 12) 
= $720
Therefore, the amount of interest expense appearing on West's 2016 income statement would be $720.
 
        
             
        
        
        
Answer:
If the the single cable TV firm from Sydney now has a new competitor coming into town, what will most likely happen with the price of the service is that it will go down and become more accessible to consumers, as a direct consequence of the generation of competition from market between the companies involved.
The concept of competition plays a central role in economic theory. it is a situation by which different actors (companies or consumers) compete for a share in the same activity, typically the sale or purchase of a product or service. For economic operators, it is often an advantage to have limited competition on their own side of the market and a lot of competition on the opposite side, as it allows for high profits. From the point of view of society, as high a competition as possible is usually an advantage, as it ensures the best possible utilization of society's resources. 
 
        
             
        
        
        
Answer:
total cost of having the manuscript type is $680
Explanation:
given data 
first time = $5 per page
revised = $3 per page
manuscript = 100 pages
revised only once = 40
revised twice = 10
to find out
total cost of having the manuscript typed
solution
we know for 1st time page  cost is 
page 1st time = 100 - 40 - 10  = 50 page 
cost 1st time = 50 × $5 per page = $250    .................1
and
for first revision 
first revision page = 40 
cost of first revision = 40 × ( first time $5 + first revision $3 )
cost of first revision = 40 × 8 = $320       ......................2
and
for second revision 
second revision page = 10 
second revision cost = 10 ×  ( first time $5 + first revision $3 + second revision $3  )
second revision cost = 10 × 11 = $110     ..........................3
add all 3 equation 
total = $250  +  $320 + $110
so total cost of having the manuscript type is $680
 
        
             
        
        
        
Answer:
The answer is $80,000
Explanation:
The formula for straight-line depreciation is:
[Cost of asset - salvage value(if any)] ÷ useful life of the asset
Depreciation = $4,000
Cost of asset= ? (represented by y)
Useful life of the asset = 20 years
$4,000 = y ÷ 20 years
y is $4,000 x 20 years
y = $80,000
Therefore, the initial cost of the asset was $80,000