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777dan777 [17]
2 years ago
6

Akila went to the store for furniture polish, carrots, pencils, ham, sponges, celery, notebook paper, and salami. She remembered

to buy all these items by reminding herself that she needed food products that included meats and vegetables and that she needed nonfood products that included school supplies and cleaning aids. Akila made effective use of
Business
1 answer:
Airida [17]2 years ago
5 0
Akila made effective use of her brain.
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On January 1, 2018, Brown Co. borrowed cash from First Bank by issuing a $100,000 face value, four-year term note that had an 8
expeople1 [14]

Answer: Please see below

Explanation:  Amortization for the four year period is given as

FOR 2018

Principal Balance = $100,000

cash payment for dec 31st= #30,182

Applied to interest== 8% of 100000= 0.08 x100,000=8000

Applied to Principal = cash payment -interest= 30192-8000= $22, 192

Principal balance at end of period=Principal Balance--applied to Principal

= 100,000 - 22,192=$ 77, 808

FOR 2019

Principal Balance = $77,808

cash payment for dec 31st= $30,182

Applied to interest== 8% of 77,808= 0.08 x77,808 =$6225

Applied to Principal = cash payment -interest= 30192-6225= $23,967

Principal balance at end of period=Principal Balance--applied to Principal

= 77,808 - 23,967=$ 53,841

FOR 2020

Principal Balance = $53,841

cash payment for dec 31st= $30,182

Applied to interest== 8% of 53,841= 0.08 x53,841 =$4307

Applied to Principal = cash payment -inbterst= 30192-4307= $25,885

Principal balance at end of period=Principal Balance--applied to Principal

= 53,841- 25,885= $27,956

FOR 2021

Principal Balance = $27,956

cash payment for dec 31st= $30,182

Applied to interest== 8% of 27,956= 0.08 x27,956 =$2236

Applied to Principal = cash payment -interest= 30192-2236= $27,956

Principal balance at end of period=Principal Balance--applied to Principal= 27,956- 27,956=0

8 0
2 years ago
Nina is induced by her guardian Ollie to sign a contract to invest funds in Penny Stocks Inc. through Ollie’s investment firm. U
Lina20 [59]

Answer and Explanation:

Nina's guardian Ollie is putting an undue influence on Nine to sign a contract to invest funds in Penny Stocks Inc. In this way Ollie is getting benefit while exerting pressure on Nina. Nina has the option to cancel the contract on the basis of undue influence.

6 0
2 years ago
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela
MAXImum [283]

Answer and explanation:

Find attached below is a well formatted excel sheet containing all the required answers

7 0
2 years ago
Pearl Co. both purchases and constructs various equipment it uses in its operations. The following items for two different types
Nonamiya [84]

Answer:

i. The total cost for Purchase equipment

Particulars                                               Amount

Cash paid for equipment, including      $130,200

sales tax of $6,200

Freight and insurance cost while            $2,480

in transit  

Cost of moving equipment into               $3,844

place at factory  

Wage cost for technicians to test             $4,960

equipment  

Special plumbing fixtures required for     $9,920

new equipment                                         <u>                </u>

Total Purchase cost                                  <u>$151,404</u>

<u />

ii.The total cost of construction price of equipment

Particulars                                                            Amount

Material and purchase part                               $245,520

Labor Cost                                                          $235,600

Overhead Cost                                                   $62,000

Cost of Installing equipment                             <u>$5,456     </u>

total cost of construction price of equipment  <u>$548,576</u>

<u />

<u>Workings</u>

Material and purchased parts = Gross cost - Cash discount on gross cost

=$248,000 - (1%*$248,000)

=$248,000 - $2480

=$245,520

3 0
2 years ago
Individual employees have little influence over ethical expectations and behavior.a. Trueb. False
Oksana_A [137]

Answer:

False.

Explanation:

In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.

Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.

5 0
2 years ago
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