On the First Day of the Fiscal Year, Hawthorne Company

question 95

Multiple Choice

On the first day of the fiscal year, Hawthorne Company obtained an $88,000, 7-year, 5% installment note from Sea Side Bank. The note requires annual payments of $15,208, with the first payment occurring on the last day of the fiscal year. The first payment consists of interest of $4,400 and principal repayment of $10,808. The journal entry Hawthorne would record to make the first annual payment due on the note would include a

• A) debit to cash for $15,208
• B) credit to notes payable for $10,808
• C) debit to interest expense for $4,400
• D) debit to notes payable for $15,208

Identify and apply different communication theories to practical situations in public relations.

Distinguish between qualitative and quantitative research methods.

Recognize the role and impact of digital analytics in public relations.

Understand the principles of effective persuasion and influence in public relations.

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Definitions:

Power Bases

refer to the sources of power or authority an individual or group holds, such as expertise, coercion, or referent power.

Sense Of Belonging

A person's feeling of being accepted, valued, and connected to a group, community, or society.

Cults

Groups often characterized by a shared religious, philosophical, or spiritual belief system, typically led by a charismatic leader and not conforming to societal norms.

Obedience

The act of following the directives of an authority figure, which can be influenced by varying factors including cultural expectations and personal morality.