Answer:
Simply and shortly, the only thing that the Publishing Industry can learn from the Music Industry is that you either Adapt or you Perish.
Explanation:
The music labels and record labels were reluctant to turn towards online platform based music stores and eventually when apple and the android released their iTunes and play store platforms just for the music, the whole industry business model changed and went online and the traditional music stores went to decline.
the online business model was not embraced by the traditional music stores and they paid the price for it.
Today, we see an increasing growth of E books and online publishing of books, journals, news papers, tabloids and magazines. The publishing industry will have adapt for this.
Answer:
B. False. It's called trade payables.
Explanation:
Answer:
$26,600
Explanation:
the total amount of interest expense included in the first annual principal (or any annual payment actually) = principal's balance x yearly interest rate
$280,000 x 9.5% = $26,600
the principal's balance after the first payment = $280,000 - $26,600 = $253,400
the interest expense included in the second payment = $253,400 x 9.5% = $24,073