Use the information provided to calculate the missing cash received for interest for the period.Interest receivable, beginning-year……………………$?800Interest revenue………………………………………..?12,600Interest receivable, year-end…………………………..?1,200Cash received for interest……………………………..$? ________

What will be an ideal response?


Interest revenue………………………………………...........$ 12,600
Increase in interest receivable ($1,200 ? $800)………...........    (400)
Cash received for interest……………………………………$ 12,200

Business

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In order to prepare the statement of cash flows under the direct method, a company will need the adjusted trial balance from the previous period

Indicate whether the statement is true or false

Business

Imagine you have the sole marketing rights to a new herbal shampoo that stops hair loss and actually causes new hair growth. You plan to sell your product on an Internet website, which you will advertise on late night television. You are also hoping to obtain free publicity to place stories in men's fashion magazines. You are planning to sell online a 15-ounce bottle for $24.99 plus $7.99 shipping and handling. Using the information provided, identify each element of your marketing mix.

What will be an ideal response?

Business

A subchapter S corporation is a REIT

Indicate whether the statement is true or false

Business

Third party system integration can be done in either the portal or the ________ layer

A) presentation B) logical C) GUI D) application E) none of the above

Business