Michelle borrowS A TOTAL OF $9500 IN STUDENT LOANS FROM TWO LENDERS. ONE CHARGES 3.6% SIMPLE INTEREST AND THE OTHER CHARGES 5.7 SIMPLE INTEREST. SHE IS NOT REQUIRED TO PAY OFF THE PRINCIPAL OR INTEREST FOR 2 YR. HOWEVER, AT THE END OF 2YR, SHE WILL OWE A TOTAL OF $875 FOR THE INTEREST FROM BOTH LOANS, HOW MUCH DID SHE BORROW FROM EACH LENDER

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

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

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.