On january 1, 2017, pharoah company makes the two following acquisitions. 1. purchases land having a fair value of $160,000 by issuing a 4-year, zero-interest-bearing promissory note in the face amount of $251,763. 2. purchases equipment by issuing a 7%, 8-year promissory note having a maturity value of $270,000 (interest payable annually on january 1). the company has to pay 12% interest for funds from its bank. (a) record the two journal entries that should be recorded by pharoah company for the two purchases on january 1, 2017. (b) record the interest at the end of the first year on both notes using the effective-interest method.

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting