Opal Mining sold coal to Petric Electric, receiving a six-month, noninterest-bearing note for $200,000. The fair value of the goods sold to Petric is $192,000. Opal uses a periodic inventory system, and views the financing component of this transaction to be significant. Required: 1. Prepare the journal entry to record the sale. 2. Compute the effective annual rate of interest.

An essential element of being receptive to messages is to have an open mind true or false

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand