Business, 05.05.2020 05:25 KadaLearns
On January 1, 2021, Tropical Paradise borrows $34,000 by agreeing to a 6%, six-year note with the bank. The funds will be used to purchase a new BMW convertible for use in promoting resort properties to potential customers. Loan payments of $563.48 are due at the end of each month with the first installment due on January 31, 2021.
Required:
1. Record the issuance of the installment note payable and the first two monthly payments.
Answers: 1
Business, 22.06.2019 03:00
How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws
Answers: 1
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
Business, 23.06.2019 00:00
Todd and jim learned that in building a business plan, it was important for them to:
Answers: 1
On January 1, 2021, Tropical Paradise borrows $34,000 by agreeing to a 6%, six-year note with the ba...
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