On October 1, Black Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 account receivable. The not is due in six months. At December 31, Black should record interest revenue of

a. $0

b. $450

c. $900

d. $1800

A bank is less likely to borrow reserves from the fed when the rises relative to the. A. discount bank; B. required-reserve ratio

The distinction between a normal and an inferior good is A. when income increases, demand for a normal good increases while demand for an inferior good falls. B. normal goods are used together while inferior goods are used for the same purposes. C.

According to the enotes, which manufacturing strategy is best for manufacturing large numbers of end items that have little if any customization?

Notes, bonds, certificates, mortgages, leases or other agreements between a lender and a borrower are collectively called:

The total cost of ownership (TCO) is an estimate of the cost of an item that includes all the costs related to the procurement and use of an item, but it does not include any of the costs related to disposing of the item after it is no longer useful.

Fruitasia purchased land, a building, and equipment for $800,000. the estimated fair values of the land, building, and equipment are $100,000, $700,000, and $200,000, respectively. at what amount would the company record the land?

Why do governments regulate natural monopolies?

Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amount of Social Security tax deducted from Gary's gross pay. a. $6.49 b. $8.38 c. $64.93 d. $83.78

According to the rule of one-eighth, at least 88 percent of organizations will do everything necessary to put people first and thereby build profits.

Which option best completes the following statement? as a unit of account, money provides a way to determine and compare a. money over time. b. apples. c. value. d. people.