Bennett Enterprises issues a $732,000, 60-day, 8%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank.
a. Journalize Bennett Enterprisesâ entries to record: the issuance of the note. the payment of the note at maturity.
b. Journalize Spectrum Industriesâ entries to record: the receipt of the note. the receipt of the payment of the note at maturity.
Answers: 1
Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumerâs preferences are given by u(x,y) = x3/4y1/4, compute the consumerâs marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
Business, 22.06.2019 20:20
Carmenâs beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?
Answers: 3
Business, 22.06.2019 20:30
When many scrum teams are working on the same product, should all of their increments be integrated every sprint?
Answers: 3
Business, 23.06.2019 00:30
Environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in milan, italy, is 29. the number of days per year in which emission limits are exceeded is normally distributed with a standard deviation of 4.0 days. what percentage of the years would exceed 37 days?
Answers: 2
Bennett Enterprises issues a $732,000, 60-day, 8%, note to Spectrum Industries for merchandise inven...
English, 29.10.2020 23:00
Health, 29.10.2020 23:00
Mathematics, 29.10.2020 23:00
Chemistry, 29.10.2020 23:00
Business, 29.10.2020 23:00
Mathematics, 29.10.2020 23:00
Geography, 29.10.2020 23:00
English, 29.10.2020 23:00
Mathematics, 29.10.2020 23:00
Biology, 29.10.2020 23:00
English, 29.10.2020 23:00
Mathematics, 29.10.2020 23:00