Corporate responsibility and sustainability are examples of
A) strategic metric.
B) financial metric.
C) relationship metric.
D) operational metric.
A) strategic metric.
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On August 1, Year 1, Jackson Company issued a one-year $72,000 face value interest-bearing note with a stated interest rate of 9.00% to Galaxy Bank. Jackson accrues interest expense on December 31, Year 1, its calendar year-end.What is the amount of interest expense and the total cash outflow related to the note during the year ending December 31, Year 2? (Do not round your intermediate calculations.)
A.
| Interest Expense | Cash Outflow |
| $2700? | $6480? |
B.
| Interest Expense | Cash Outflow |
| $6480? | $3780? |
C.
| Interest Expense | Cash Outflow |
| $3780? | $78,480? |
D.
| Interest Expense | Cash Outflow |
| $6480? | $72,000? |
A T-account is a device or convention for organizing and accumulating the accounting entries of transactions that affect an individual account, such as cash, accounts receivable, bonds payable, or additional paid-in capital
Indicate whether the statement is true or false
In a contract where the buyer is to pick up the goods at the seller's place of business and the seller is a merchant, the risk of loss passes to the buyer when the goods are tendered to the buyer
a. True b. False Indicate whether the statement is true or false
Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $281,656, would have a useful life of 7 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $76,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. 19% B. 18% C. 16% D. 21%