Answer:
Option (B) is correct.
Explanation:
The Journal entry is as follows:
Interest expense A/c Dr. $625
Note payable A/c Dr. $1791.60
To cash $$2,416.60
(To record the first month’s payment on January 31, 2021)
Working notes:
Monthly interest expense:
= (Note payable × Interest rate per annum) ÷ 12 months
= ($125,000 × 6%) ÷ 12 months
= $625
Note payable = $2,416.60 - $625
= $1,791.60
An arithmetic logic unit is a digital circuit used to perform arithmetic and logic operations. It signifies the essential building block of the central processing unit of a computer. The modern central processing unit contain very powerful and complex arithmetic logic unit. In addition to arithmetic logic unit, modern central processing unit contain a control unit.
A company has net income of $ 225,000 and declares and pays dividends in the amount of $ 75,000 .
c. An increase of $ 150,000 is the net impact on retained earnings is the correct option.
Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.
For most people, income means gross income in the form of wages and salaries, return on investment, pension payments, and other income.
The definition of income is the amount of money received by an individual, group or business during a specified period. An example of income is an annual salary of $70,000.
Learn more about income here:brainly.com/question/25745683
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Answer: Bureaucratic organization
Explanation:
A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs
Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.
Answer: 3.22
Explanation:
Given that;
mean = 2.5 min
standard deviation = 0.25 min
now to get the value of X required, we say
z = (x - u) / a
where z is the distance from the mean measured in the standard deviation units, x is the value we are interested in, u is the mean distribution, a is the standard deviation of the distribution.
the time delay should be just enough to allow 99.8% of the cabinets to dry completely = 99.8/100 = 0.9980
first we determine an appropriate z value.
Using the standardized normal tables,
value of z for approximately 0.9980 is 2.88
so using our initial equation z = (x - u) / a
we substitute the value
z = (x - u) / a
2.88 = ( x - 2.5) / 0.25
2.88 * 0.25 = x - 2.5
0.72 = x - 2.5
x = 0.72 + 2.5
x = 3.22
