Lester company received a seven-year zero-interest-bearing note on february 22, 2020, in exchange for property it sold to porter company. there was no established exchange price for this property and the note has no ready market. the prevailing rate of interest for a note of this type was 6% on february 22, 2020, 6.5% on december 31, 2020, 6.7% on february 22, 2021, and 7% on december 31, 2021. what interest rate should be used to calculate the interest revenue from this transaction for the years ended december 31, 2020 and 2021, respectively?
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In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist
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Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing
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Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.
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Business, 22.06.2019 19:30
Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above
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Lester company received a seven-year zero-interest-bearing note on february 22, 2020, in exchange fo...
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