Interest on a 90-day, 10 percent, $10,000 note receivable is
a. $2,500.77.
b. $288.38.
c. $246.58.
d. $1,000.63.
C
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The ________ type of channel partnership involves signing agreements through which one organization creates a long-term alliance with another organization to brand, develop, or produce each other's products or services.
A. transactional B. tactical C. strategic D. indirect
According to the text, ________ are used primarily because of their lower cost compared to random sampling
A) periodic surveys B) panel surveys C) shared surveys D) parallel surveys E) regular surveys
The Enrique Company recorded the following transactions for February 20x1:MaterialsWork in ProcessFinished GoodsPurchases$100,000??Beginning inventory180,000$ 8,000$ EEnding inventoryA30,00030,000Direct materials used?90,000?Direct labor?B?Manufacturing overhead (includes indirect materials used of $10,000)?115,000?Transferred to finished goods?C?Cost of goods sold??DSales were $560,000, with sales prices determined by adding a 40% markup to the firm's manufacturing cost. The total cost of direct materials used, direct labor, and manufacturing overhead during the month was $285,000.Note: The materials account includes both direct materials and indirect materials.Required:Calculate the missing values.
What will be an ideal response?
Vinson Manufacturing requires all capital investment projects to have a payback period of 5 years or less. Vinson is currently considering an equipment purchase that has an initial cost of $90,000. The equipment is expected to have a ten year life and a salvage value of $5,000. Assuming cash flows are equal, what does the annual cash flow generated by the equipment need to be in order to meet the
payback period requirements? A) $18,000 B) $19,000 C) $17,000 D) $9,000