When a business records accrued interest expense on a note payable ________
A) Interest Expense is credited
B) Note Payable is credited
C) Cash is debited
D) Interest Payable is credited
D
You might also like to view...
Anheuser-Busch, the brewer of Budweiser beer, lost its independence after years of focusing primarily on the domestic U.S. market. This is most likely a result of:
A) management myopia. B) national controls. C) opposition to globalization. D) newcomers from emerging markets. E) organizational culture.
A partially solved PERT problem is detailed in the table below. Times are given in weeks
Activity Preceding Optimistic Time Probable Time Pessimistic Time Expected Time Variance A -- 7 9 14 1.361 B A 2 2 8 0 C A 8 12 16 0 D A 3 5 10 1.361 E B 4 6 8 0 F B 6 8 10 0 G C, F 2 3 4 0 H D 2 2 8 1.000 I H 6 8 16 2.778 J G, I 4 6 14 2.778 K E, J 2 2 5 0.250 a. Calculate the expected time for each activity. Enter these values in the appropriate column in the table above. b. Which activities form the critical path? c. What is the estimated time of the critical path? d. What are the project variance and the project standard deviation? e. What is the probability of completion of the project after week 40?