Answer:
The completed question is
On October 1, Ken's Painting Service borrows $50,000 from National Bank on a 3-month, $50,000, 4% note.
The entry by Ken's Painting Service to record payment of the note and accrued interest on January 1 is
B) Notes Payable 50,000
Interest Payable 500
Cash 50,500
Explanation:
Base on the scenario been described in the question, the entry by Ken's Painting Service to record payment of the note and accrued interest on January 1 is going to be notes payable 50,000 and interest payable 50,000. Option b is the answer.
If i only could pick one, i believe straight salary is the better choice of nippon.
Offering straight salary will be more beneficial to the employees because it give them more freedom on how to use it to maximum value.
Incentive such as car insurance, for example, could only be retrieved if an accident happened. If not, the employees is somehow had to forfeit the value of the incentives
From the point of view of the consumer, Bertrand oligopoly is <u>undesirable</u> since it leads to an outcome similar to zero.
An oligopoly is a market where there are a small number of firms who realize they are interdependent in their pricing and output policies. In this market, the number of firms are small enough to give each firm some market power.
Bertrand model of oligopoly is a model of competition in which two or more firms produce a homogenous good and compete in prices. However, this competition in prices where the goods are perfect substitutes, ends with the firms selling their goods at marginal costs and thus making zero profits out of it.
Hence, from the point of view of the consumer, Bertrand oligopoly is undesirable.
To learn more about Bertrand oligopoly here:
brainly.com/question/14093864
#SPJ4
Answer:
24.9%
Explanation:
In this question, we are asked to calculate the annual that would have been earned if a comic book bought in 1963 is sold in 2021.
We proceed as follows:
Price of comic book in 1963 = $0.14 or 14 cents
Price of comic book in 2021 = $55,700
The investment period = 58 years
We represent the rate of interest earned by buying the book in 1963 and selling in 2021 as r.
The Total amount A = P(1+r)^n
55,700 = 0.14(1+r)^58
397,867 = (1+r)^58
By computation,
1+r = 1.249
r = 0.249
This means that the rate of interest earned is 24.9%
Answer: d. The production activities in the first stage and the unit of product in the second stage
Explanation:
Activity based Costing is primarily a method of assigning indirect costs like administrative expenses to the goods and services manufactured by a company by basing it on the activities of the company.
With Activity Based Costing, the company aims to figure out how much these aforementioned activities cost first and then calculating the cost per unit in the second stage by assigning cost per level of activity.