Answer:
Cash borrowed = $120,000
Interest on promissory note = 10%
The journal entry is as follows:
On December 31,
Interest expense A/c Dr. $3,000.00
To Interest payable $3,000.00
(To record interest accrued on note)
Working notes:
Interest expense:
= $120,000 × 10% × (3/12)
= $120,000 × 0.1 × (1/4)
= $3,000
Answer:
d. The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
Explanation:
Opportunity cost is a microeconomic concept used to describe how much an economic agent fails to earn in one economic activity by employing money in another economic activity. Thus, all expenses that a student performs to study at the university, including tuition, gasoline, parking, material, and time spent on the activity, is considered an opportunity cost, since all of this could be spent on another activity.
Online auction sites that involve business transactions between users of products and services are categorized as consumer-to-consumer (C2C) e-commerce.
A business is an activity that makes a living or makes money by manufacturing or selling products (such as goods or services) [1][2][3][4]. It is also "an activity or enterprise engaged in for profit". Liabilities incurred in the business. If the company acquires debt, the creditor can trace the owner's personal belongings. The corporate structure does not allow corporate tax rates. Owners are personally taxed on all income from the business. The term is also commonly used colloquially to refer to entities such as corporations and cooperatives (but not by lawyers or public officials).
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Entrepreneur magazine reports startup costs between $2,000 and $50,000 for different retail enterprises, from antique furniture sales to musical equipment sales. A figure of $30,000 to launch a retail operation is a good median number to work with.
totally answer
Answer: Average realized stock = 21.59%,
The preceding data series represents a sample
Standard deviation = 0.7522
Explanation:
Average realized stock = 21.25% + 14.45% + 25.50% + 35.70% + 11.05% = 1.07595/5 = 21.95%
Standard deviation =
21.25% - 21.95% = -7.14% (-7.14%)^2 = 0.509
25.50% - 21.95% = 3.91% (3.91%)^2 = 0.512
35.70% - 21.95% = 14.11% (14.11%)^2 = 1.990
11.05% - 21.95% = -10.54% (-10.54%)^2 = 1.110
_____
Sum = 3.761/5 = 0.7522
