subject
Business, 31.10.2019 00:31 lillyball

On may 1, year 1, benz’s sandwich shop loaned $18,000 to mark henry for one year at 9 percent interest. required a. what is benz’s interest income for year 1? b. what is benz’s total amount of receivables at december 31, year 1? c. how will the loan and interest be reported on benz’s year 1 statement of cash flows? d. what is benz’s interest income for year 2? e. what is the total amount of cash that benz’s will collect in year 2 from mark henry? f. how will the loan and interest be reported on benz’s year 2 statement of cash flows? g. what is the total amount of interest that benz’s earned on the loan to mark henry?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:50
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
question
Business, 22.06.2019 13:30
After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?
Answers: 2
question
Business, 22.06.2019 17:30
If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots
Answers: 1
question
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
You know the right answer?
On may 1, year 1, benz’s sandwich shop loaned $18,000 to mark henry for one year at 9 percent intere...
Questions
question
Chemistry, 31.08.2019 11:30
Questions on the website: 13722363