On December 1, Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Company. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)
A. $80
B. $160
C. $320
D. $960
E. $0
Answer: A
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As cultural differences become less relevant and disposable incomes become high, a trend towards greater consumption of the following type of foods is predicted
A) French artistic foods B) American fast foods C) Chinese retail foods D) Indian spicy foods E) Mexican spicy foods
Which of the following is not a tactic to use when the other negotiator mistrusts you?
A. share information and encourage reciprocity B. negotiate multiple issues simultaneously C. make multiple offers at the same time D. offer a presettlement settlement
A Barna Research study finds that all of the following are primary influences on the ethical and moral decision-making process of Americans EXCEPT:
A. the Internet B. family C. religion D. television E. books
Kim, a real estate dealer, and others form Eagle Corporation under § 351. Kim contributes inventory (land held for resale) in return for Eagle stock. The holding period for the stock includes the holding period of the inventory.
Answer the following statement true (T) or false (F)