Bull city industries is considering issuing a $100,000, 7% note to a creditor on account. required: a. if the note is issued with a 45-day term, journalize the entries to record (refer to the company’s chart of accounts for exact wording of account titles): 1. the issuance of the note. 2. the payment of the note at maturity. assume a 360-day year. b. if the note is issued with a 90-day term, journalize the entries to record (refer to the company’s chart of accounts for exact wording of account titles): 1. the issuance of the note. 2. the payment of the payment of the note at maturity. assume a 360-day year.

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit