Interest-bearing note transactions On November 7, 2018, Mura Company borrows $140,000 cash by signing a 90-day, 10% note payable with a face value of $140,000.

1. Compute the accrued interest payable on December 31, 2018.

Principal xRate (%) xTime =Interest
Total Through Maturity 160,000 8 90/360 3,200
Year end interest accrual 160,000 8 54/360 1,920
Interest Recognized Feb. 5 160,000 8 4/360 1,280

Prepare the journal entry to record the accrued interest expense at December 31, 2017 and payment of the note at maturity
Record the accrued interest expense.

2. Dec. 31, 2017
3. Feb 05, 2018

The new york stock exchange is an example of what type of stock market?

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?