1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Roman55 [17]
2 years ago
7

jingle company signs a 6-month, $20,000 note. stated interest rate is 8% payable at the maturity date. interest incurred on the

note is calculated as
Business
1 answer:
SIZIF [17.4K]2 years ago
5 0

The interest that Jingle Company will incur on the note is calculated as $800.

Interest Expense is incurred as payment for the use of the funds for a period of six months at 8% annual interest.

Data and Calculations:

Note Payable = $20,000

Stated interest rate = 8%

Payment period = 6 months

Interest incurred = $800 ($20,000 x 8% x 6/12)

Thus, since the maturity date of the note is in six months, the interest incurred by Jingle Company is $800.

Read more: calculating interest on note payable at brainly.com/question/19755278

You might be interested in
You are a professional financial analyst that is employed to help evaluate possible merger and acquisition candidates. You have
kipiarov [429]

Answer:

Explanation:

Below are some of the financial ratios he should consider:

a) Financial leverage ratios: This is used to measure the company earnings to service debt payments.

b) Return on investment: This is the ratio that is used to evaluate the profitability of the firm and the profit that is available to the stakeholders after all payments have been made.

c) Price to Earnings Ratio: This is an indicator of the price of the company's stock concerning the earnings per share. It is used to analyze if the stock price is over-priced or under-priced.

4 0
2 years ago
Which of the following ways of investing/saving is the most liquid?
charle [14.2K]
Savings accounts is the most liquid 
5 0
3 years ago
1. At what level does the supervisor fit in the organizational pyramid? Describe a major trend that is changing the role of the
vredina [299]

Answer:

1. Supervisors fit in the middle level of the organization pyramid.

2. A major trend that is changing the role of the supervisor at that level is the concepts of mentoring, coaching, and staff training.  The supervisor's role is expanding to include these activities that will ensure process improvement, enforce adherence to organization's rules, and enable improved cross-functional relationships.

Explanation:

Primarily, supervisors are known to motivate employees, direct the activities of others, select the most effective communication channel, and resolve conflicts among team members.  However, the changing trend now views the supervisor as an educator, sponsor, coach, counselor, and director.  Therefore, the supervisor is expected to deplore all his skill-sets, including effective communication in combination with daily conflict resolution, transformational leadership, critical thinking, interpersonal relationship, time and priority management, and problem-solving skills.

4 0
2 years ago
Describing Work Activities for Construction Carpenters
sveta [45]

Answer:

1.inspecting equipment, structures, or material

4.performing general physical activities

5.getting information

3 0
2 years ago
If a taxpayer does not have enough taxes withdrawn from her paychecks throughout the year to equal the total tax she is required
polet [3.4K]

Answer:

$209

Explanation:

Since Mary's estimated annual income taxes are $5,424, then to determine the amount that should be withheld every two weeks, all we need to do is divide her total estimated taxes by 26 weeks = $5,424 / 26 weeks = $208.62 ≈ $209. generally you do not include cents in tax filings or payments, you need to round up or down. In this case you need to round up, even software rounds the amounts to the nearest dollar.  

6 0
3 years ago
Read 2 more answers
Other questions:
  • Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
    5·2 answers
  • Best Value Outlet recently announced that it intends to pay dividends of $0.40, $0.60, $0.75, and $1.00 per share over the next
    7·1 answer
  • An analysis of your medical records would be similar to which research method?
    11·1 answer
  • Jana completed an informational interview with a preschool teacher in her area. She wants to write a thank-you letter. What shou
    15·1 answer
  • Sabrina’s father is the limo driver to the President and CEO of RSG, an investment bank in New York. Sabrina buys RSG stock when
    12·1 answer
  • Jenny was feeling frustrated. "What's taking them so long to make a decision? It's been weeks since I first met with them, and t
    8·2 answers
  • Property rights are theoretical elements in economics for determining how a resource is used and owned. Resources can be
    7·1 answer
  • Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement
    9·2 answers
  • Suppose the amounts presented here are basic financial information (in millions) from the 2020 annual reports of Nike and adidas
    12·1 answer
  • Equipment that cost $54,000 and had $30,000 of accumulated depreciation was disposed of for $27,000 cash. The entry to record th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!