Ellis Travel records an $800,000 loan for upgraded computers and software for the entire company in a Notes Payable account. The loan has an interest rate of 5.5%, which is recorded in the Interest Payable account before it is paid. The Interest Payable account would be considered a(n) account. A: contra
B: secondary
C: supplementary
D: adjunct

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)