On September 1, 2021, Middleton Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six months. How much interest revenue will Middleton Corp. report during 2021?
A. $30.
B. $60.
C. $40.
D. $20.
Answer: C
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On January 15, 2015, the accounts receivable balance was $7,000 and the balance in the allowance for doubtful accounts was $700 . On January 16, 2015, a $200 uncollectible account was written-off. The net realizable value of accounts receivable on January 16 immediately after the write-off is:
a. $6,300 b. $6,800 c. $6,500 d. $7,900
Answer the following statements true (T) or false (F)
1. PERT stands for Program Event Review Technique. 2. There are five steps in the PERT/CPM process, the last of which is finding the critical path of the project. 3. Managers typically find the simplest and quickest solution to problems which is usually based on the assumption that a subordinate lacks the training, supervision, or information needed. 4. The example of the Hot Dog Stand blueprint is incomplete because it does not factor in what happens prior to the guests ordering the hot dog.
Cousteau has had many sea experiences in his past. He is once again placed in charge of a vessel that has a mission to study dolphins. He looks forward to this new mission, even though he has done many similar excursions in the past, because he has a new group of students who are eager to learn from him. Cousteau has which type of power?
A. referent power B. expert power C. reward power D. legitimate power
As a service provider, why might you perceive the buyer-seller interaction in the service encounter to be especially critical?
What will be an ideal response?