A company receives interest on a $86000, 8%, 5-year note receivable each April 1. At December 31, 2017, the following adjusting entry was made to accrue interest receivable: Interest Receivable5160 Interest Revenue 5160 Assuming that the company does not use reversing entries, what entry should be made on April 1, 2018 when the annual interest payment is received

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?

Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ