Bill Buyer is assuming the loan of the seller, Sam Seller. Interest on the loan is being paid in arrears. The loan amount is $100,000 with an interest rate of 6%. The closing is occurring on March 15 with the next loan payment due April 1. Use the 365 days method and the Seller owns the day of closing. How would the interest proration appear on the worksheet?

A- $500 should be debited to the seller and credited to the buyer.

B- $500 should be debited to the buyer and credited to the seller.

C- $241.94 should be debited to the seller and credited to the buyer.

D- $241.94 should be credited to the buyer and debited to the broker.

After creating an organizational strategy based on porter’s models, a company can a) create process models. b) calculate inputs and outputs. c) examine market structure. d) develop information systems. only answer if you're positive! you!

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations