Answer:
$25,000
Explanation:
The cash balance at the end of the year can be calculated as follows:
=> $12,000 + $2,000 + $7,000 + $4,000
Answer:
The note payable will be presented in the financial statement at the face amount minus a discount calculated at the imputed interest rate.
Explanation:
The imputed rate is the rate at which the present value of the face amount of the note will be equal to the amount at which it is originally recorded.
Notes issued or received in exchange for goods or services that do not bear interest at a fair rate are reported at an amount equal to the fair value of the note, the fair value of the goods or services, or the present value of the note using a fair interest rate, whichever is more readily determinable.
The difference between the recorded amount and the face value is considered a discount and the applicable interest rate regardless of which method is used to value the note.
Because of this, the note is reported at its face amount minus a discount calculated at the imputed interest rate.
Answer:
(B) more than one person can consume the same unit of the good at the same time.
Explanation:
A service is rival in consumption if the same unit of the good cannot be consumed by more than one person at the same time and nonrival in consumption if more than one person can consume the same unit of the good at the same time.
I’d say D because its being demanded more of
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.