Answer:
December 21, 2016,General Journal entries
Account Debit Credit
Notes Receivable $10,000
Account Receivable $10,000
Explanation:
December 21, 2016,General Journal entries
Account Debit Credit
Notes Receivable $10,000
Account Receivable $10,000
The accounts receivable of Alpha company were debited for $10,000 from Bravo company, When bravo company issued the note, Alpha company accepted it. Due to this acceptance, Accounts receivable were replaced by notes payable. So accounts receivable in debit were reduced to zero and were credited. Now notes receivable were debited as new asset.
The first category of start-up businesses are those formed as high-growth, often high-tech, ventures and are referred to as venture capital-backed firms.
<h3>What is venture capital?</h3>
Venture capital can be defined as a business financing strategy meant for startups which require high capital but also have high risk in return.
It is to be noted that a venture capital firms use their control of the companies they invest in to protect those investments.
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Answer:
d. $7,032
Explanation:
The computation of the interest expense is shown below:
= Sale value of the bond × market interest rate ÷ 0.5
= $117,205 × 12% ÷ 0.5
= $117,205 × 6%
= $7,032
Simply we multiply the sale value of the bond with the market interest rate so that the accurate amount of the interest expense can come.
We divide it by 0.5 because as the number of months is 6 months and total months is 12. The six month is calculated from the January 1 to July 1
With regards to a firms product line, a cost leadership strategy would strive for Focused section of the market while a differentiation strategy would strive for broad cross section of the market.
<h3>
What is Expansion Strategy?</h3>
An expansion strategy can also de defined as a growth strategy. The major concern of business firms is to achieve faster growth, compete, achieve higher profits, grow a brand, capitalize on economies of scale, have greater impact, or occupy a larger market share.
There are basically two types of expansion strategies, they include
- Cost leadership
- Differentiation Strategy.
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The best answer for this statement would be:
Autocratic
This means that the leader is in complete and absolute
power, to the point that there is no need for consultation of the company. In
other words, this ruler could be a dictator.