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For Each of the Following Notes Receivables Held by Winter

question 12

Essay

For each of the following notes receivables held by Winter Company , determine the interest revenue to be reported on the income statements.Round answers to nearest whole dollar.

 Date  Face  Rate  Time  Year 1  Interest  Revenue  Year 2  Interest  Revenue  Aug. 8, Year 1 $15,0007%180 days  Oct. 7, Year 1 $22,0008%60 days  Jan. 6, Year 2 $30,0008%90 days  Nov. 12, Year 1 $28,0009%60 days \begin{array}{|c|r|r|r|r|r|}\hline \text { Date } & \text { Face } & \text { Rate } & {\text { Time }} & \begin{array}{r}\text { Year 1 } \\\text { Interest } \\\text { Revenue }\end{array} & \begin{array}{c}\text { Year 2 } \\\text { Interest } \\\text { Revenue }\end{array} \\\hline \text { Aug. 8, Year 1 } & \$ 15,000 & 7 \% & 180 \text { days } & \\\hline \text { Oct. 7, Year 1 } & \$ 22,000 & 8 \% & 60 \text { days } & \\\hline \text { Jan. 6, Year 2 } & \$ 30,000 & 8 \% & 90 \text { days } & \\\hline \text { Nov. 12, Year 1 } & \$ 28,000 & 9 \% & 60 \text { days } & \\\hline\end{array}

Recognize the significance and components of diversity and inclusion within organizations.
Identify strategies and recommendations for addressing and managing diversity-related challenges in the workplace.
Distinguish between deep-level and surface-level diversity and their impact on organizational behavior.
Understand the legal and ethical considerations regarding discrimination, prejudice, and sexual orientation in the workplace.

Definitions:

Behaviourism

A field of psychology that focuses on observable behaviors and disregards internal processes such as thoughts and emotions.

Psychological Perspective

An approach in psychology focusing on the mental processes and behaviors of individuals, encompassing various theories and methodologies.

Behaviourism

An approach in psychology focusing on observable behaviors, and discounting mental activities.

Psychoanalytic Theory

A theory developed by Freud that emphasizes unconscious psychological processes and contends that childhood experiences significantly influence adult personality.

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