Answer: The maturity value of the note is $5,66,533.
We can arrive at the answer with the steps below:
The formula we use to calculate Maturity Value is:
In this question,
Principal = $560,000
Interest = 7% per year
Time period = 60 days.
Number of days in a year = 360 days (given in the question).
Substituting the value of the time period calculated above in the Maturity Value formula we have:
Maturity Value = $560,000 × (1+(0.07×60/360))
Maturity Value = $560,000 × (1+(0.07×1/6))
Maturity Value = $560,000 × 1.011666667
Maturity Value = $566533.3333
An ability to care for plants. Gardener’s green thumb
Answer:
Direct Materials EU = 165,000
Direct Labour EU = 144,000
Explanation:
Equivalent Units (Weighted Average Method) = Beginning Goods In process + Units Completed + Ending Goods x % of completion
Direct Materials: 25,000 + 110,000 + 30,000 x 100% = 165,000
Direct Labor: 25,000 + 110,000 + 30,000 x 30% = 144,000
Remember: In the weighted average cost system the units in process at the beginning are count as a full equivalent unit of production.
Answer:
An industry is <u>a group of companies that are related based on their primary business activitie</u><u>s.</u><u> </u>In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.
fishhook, spinner, cork, gig, fishing pole, bobber, fizgig, landing net, fishing rod, fishgig, bobfloat, harpoon, lance, fishing line, reel, bob, gaff, spear.
Explanation:
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Answer:
The correct answer is letter "C": businesses-to-consumer.
Explanation:
Businesses-to-consumer (<em>B2C</em>) sales are those in which the manufacturer or firm directly offers its product or services to the final users. The advantage of this practice is charging higher since companies do not have to consider a special price for suppliers to earn profits. The drawback lays in the fact that en users usually purchase items in small sizes.