C. s. lewis company had the following transactions involving notes payable. july 1, 2017 borrows $50,000 from first national bank by signing a 9-month, 8% note. nov. 1, 2017 borrows $62,500 from lyon county state bank by signing a 3-month, 6% note. dec. 31, 2017 prepares adjusting entries. feb. 1, 2018 pays principal and interest to lyon county state bank. apr. 1, 2018 pays principal and interest to first national bank. prepare journal entries for each of the transactions.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?