Desert Company signed a 3 month, zero-interest-bearing note on November 1, 2020, for the purchase of $501,428. The face value of the note was $510,841. Desert used a Discount on Note Payable account to initially record the note. Assuming that the discount will be amortized equally over the 3 month period, and that there was no adjusting entry made for November, the adjusting entry made at December 31, 2020 will include a debit to Interest Expense for:

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

What is the definition of an entrepreneur

Which of the following makes a true statement about the relationship between government and financial institutions? government and financial institutions do not interact with each other. financial institutions like the u.s. treasury must approve increases in the government deficit. government can pass laws to limit what financial institutions can charge in interest and fees. financial institutions like local banks must approve interest rates set by the federal reserve.