On December 1, Victoria Company signed a 90-day, 6% note payable, with a face value of $15,000. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)
A. $75
B. $900
C. $0
D. $225
E. $300
Answer: A
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[The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 25,000unitsUnits sold this year 15,000unitsDirect materials$9per unitDirect labor$11per unitVariable overhead$3per unitFixed overhead$137,500in totalGiven Advanced Company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under absorption costing.
A. $205,000 B. $122,500 C. $80,500 D. $67,500 E. $55,000
Stardust Coffee Company is a Texas-based firm that does business throughout the world. Stardust manages retail and wholesale operations, buys and sells commercial venues, undeveloped land, and coffee beans, and other goods. Stardust has had to deal with employee and customer theft. With respect to these circumstances, the Uniform Commercial Code (UCC) provides a framework for
A. commercial transactions for the sale of and payment for goods. B. international distribution agreements. C. domestic and foreign transactions in real estate. D. prosecuting crimes against business interests.
Consider the following HTML code. What would a browser capable of scripting display when executing thi
a) document.writeln("Hello World"); b) nothing c) Hello World d)
What would the browser display if the following script was executed and the user entered 5 at both prompts?
1 a) nothing b) 0 c) 10 d) 55