Decorative Floors received a $1,200 promissory note at 10.5% simple interest for 4 months from one of its customers. After 1 month, the note was discounted at the Riverview Bank at a discount rate of 14%. What are the proceeds Decorative Floors will receive from the discounted note? Use ordinary interest


$1,198.53

Business

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Lakeside, Inc. estimated manufacturing overhead costs for the year at $371,000, based on 181,000 estimated direct labor hours. Actual direct labor hours for the year totaled 196,000. The manufacturing overhead account contains debit entries totaling $392,000. The Manufacturing Overhead for the year was ________. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

A) $49,393 underallocated B) $49,393 overallocated C) $9800 underallocated D) $9800 overallocated

Business

An employee of a nonprofit organization has a trusting relationship with members of her department. A big component of this trusting relationship is her ability to remember the many positive working experiences she has had with coworkers over that time. What dimension of trust does this reference?

a. active b. organizational c. cognitive d. emotional

Business

Employment stability, team-based behaviors, and strategy-focused behaviors are used as part of an HR Scorecard to assess

A. workforce deliverables. B. HR deliverables. C. external objectives. D. top management support.

Business

We have to put the problem in the right ________ to work out the right solution

A) context B) method C) and the left D) none of the above

Business