Business, 26.09.2019 06:30 taminazaka1
Martinez co. borrowed $50,000 on march 1 of the current year by signing a 60-day, 9%, interest-bearing note. assuming a 360-day year, when the note is paid on april 30, the entry to record the payment should include a
a. debit to interest payable for $750
b. credit to cash for $54,500
c. credit to cash for $50,000
d. debit to interest expense for $750
Answers: 1
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%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket
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Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
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Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate?
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Martinez co. borrowed $50,000 on march 1 of the current year by signing a 60-day, 9%, interest-beari...
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