Answer:
$45
Explanation:
The total interest due on note can be calculated by multiplying the Value of note with interest rate for required days. The formula for interest should be
Total Interest due = Value of Note x Interest Rate x 90/360
DATA
Value of note = $3,600
Interest rate = 5%
Number of days = 90
Total days n a year = 360
Solution
Total interest due = 3,600 x 5% x 90/360
Total interest due = $45
Answer:
Bad debt expense for 2022 would be $3,850
Explanation:
Bad debt expenses are expenses incurred by a company as a result of debt owed to it by it's debtors.It therefore means that debtors are not able to pay back the money owed to the company.
Bad debt expense for Coolwear Inc would be =
Allowance for uncollectible accounts - (Uncollectible accounts balance - Accounts receivable written off)
= $5,000 - ( $1,800 - $650)
= $5000 - $1,150
= $3,850
Answer:
The correct answer is letter "A": efficiency and quality.
Explanation:
Efficiency and quality were the main focuses to drive companies to the maximization of productivity during the 20th century. This movement was spread among the U.S. and Britain based on the idea that all organizations' efforts should be driven to eliminate corporate waste and inefficiency.
One of the most recognized characters of this idea was American economist Frederick Winslow Taylor (1856-1915) father of "<em>Scientific Management</em>" who looked for increasing productivity by increasing employee prosperity.
Always pay your credit cards on time and don't pay late or you'll be untrustworthy for the bank people.
Answer:
$27,909
Explanation:
Bellows Corp.
Bank Reconciliation as at April 30, 2013
Unadjusted book balance $28,750
Less:
Outstanding checks $900
NSF checks $381
Add:
Interest earned on checking account $80
Error correction[$730 - $370] $360
Adjusted book balance $27,909
