subject
Business, 11.12.2019 06:31 glyptictriton9575

On november 1, 2021, new morning bakery signed a $191,000, 6%, six-month note payable with the amount borrowed plus accrued interest due sik months later on may 1, 2022 new morning bakery records the appropriate adjusting entry for the note on december 31, 2021. what amount of cash will be needed to pay back the note payable plus any accrued interest on may 1, 2022? (do not round your intermediate calculations.) ebook multiple choice $195,775. $196,730. $191,955 $191,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:20
Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above
Answers: 2
question
Business, 22.06.2019 17:00
Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
Answers: 2
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
question
Business, 22.06.2019 20:20
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
You know the right answer?
On november 1, 2021, new morning bakery signed a $191,000, 6%, six-month note payable with the amoun...
Questions
question
Mathematics, 01.06.2021 20:40
question
Mathematics, 01.06.2021 20:40
question
Mathematics, 01.06.2021 20:40
question
Mathematics, 01.06.2021 20:40
question
Mathematics, 01.06.2021 20:40
question
Mathematics, 01.06.2021 20:40
Questions on the website: 13722359