On June 1, Davis Inc issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscalyear of Garcia ends June 30 . Using the 360-day year, what is the amount of interest revenue recognized by Garciain the following year?
a. $700
b. $1,600
c. $1,061
d. $4,200
c
Business
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Lewin's model of change defines "unfreezing" as people
A. making a new behavior permanent. B. trying to behave differently. C. recognizing a need for change. D. reverting to old practices.
Business
________ is the sorting, storing, and reselling of products to retailers or businesses
A) Wholesaling B) Retailing C) Franchising D) Discounting E) Logistics
Business
Which one of the following below is not a factor that influences a business's control environment?
A) management's philosophy and operating style B) organizational structure C) proofs and security measurers D) personnel policies
Business
Describe the four types of "exceptions" listed in the chapter
What will be an ideal response?
Business