subject
Business, 15.10.2019 20:00 ashleewilson9204

The skysong, inc. borrowed $48800 from the bank signing a 6%, 3-month note on september 1. principal and interest are payable to the bank on december 1. if the company prepares monthly financial statements, the adjusting entry that the company should make for interest on september 30, would be: year opened for noland manufacturing with a $2810 balance in its prepaid insurance account. they purchased $9980 in insurance policies during the year. if $1795 of insurance has expired during the year, what is the year-end balance in the prepaid insurance account?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:50
You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400
Answers: 3
question
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
question
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
question
Business, 22.06.2019 19:40
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
You know the right answer?
The skysong, inc. borrowed $48800 from the bank signing a 6%, 3-month note on september 1. principal...
Questions
question
Mathematics, 04.03.2021 02:00
Questions on the website: 13722363