Mcaffee owns 5 coffee machines for which it paid $5,000 each. it owned furniture that it purchased for $10,000. there is no cash or liquid asset on the balance sheet. the coffee machines and the furniture have just been bought and have zero depreciation. the owners of mcaffee borrowed $15,000 to finance these investments. they contributed the rest from their own money. the bank charges 10% interest rate on the loan and it requires mcaffee to pay.
prepare the journal entry

Which term refers to the cost that motivates an economic decision

Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?

Adisadvantage of corporations is that shareholders have to pay on profits.