Answer:
Interest Expense
Explanation:
If any company takes a loan from any bank or borrow from other sources for a specific time, that company has to pay a combination of principal amount and an additional expenses during the maturity period. That extra cost is called interest expense. As Lee company borrows a loan on January 8 and will pay the loan on April 8 with an interest rate, the company has to pay an interest expense of $100,000 × 6% × (90 ÷ 360) = $1,500.
Answer:
B a shortage of that item
Explanation:
because the shortage of an item means more people want so that's a great time to earn some extra cash. same thing when they have. too much of an item but instead they lower the price so more people buy it.
Answer:
17 times
Explanation:
Data provided in the given question :-
Net Sales = $1,250,000
Average account Receivable = $73,500
Net Income = $53,150
So, the accounts receivable turnover ratio is given below :-
Accounts receivable turnover ratio = Net sales ÷ Average accounts receivable
= $1,250,000 ÷ $73,500
= 17 times
Hence the net income is ignored for calculating the account receivable turnover ratio.
Answer:
A) true
Explanation:
Compound interest can be regarded as
adding of interest gotten to the principal sum of a deposit or the principal sum of a loan. It's one that is gotten after reinvesting of ones interest instead of paying it out, as a result of this the interest that comes in
next period will be earned on the principal sum along with those interests accumulated before. It should be noted the process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods.
Answer: sorry i took long
3. the time lost looking at both items
4. The cost of growing peppers, compared to the cost of growing tomatoes.
5.The net value to Kendra of going to Samuel's house to play games.
6. $150
9. The producers decide what should be produced.
10. Producers decide what should be produced.
11. property rights - producers can own or rent the building they manufacture in
12. A student learns to make web pages and starts making websites for local small businesses.
13. a personal computer or tablet used to access the internet
14. the decrease of pollution in the city
