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1 year ago

Failure by a promissory notes maker to pay the amount due at maturity is known as_________.

Business

1 answer:

Andreas93 [3]1 year ago

5 0

Failure by a promissory notes maker to pay the amount due at maturity is known as Dishonoring a note.

A dishonored note is a that promissory note which has not been paid by a debtor in a given reasonable amount of time. It causes the creditor to write off the recorded revenue as a bad debt.

With the help of promissory note, a buyer can make a short-term commitment to pay any supplier for merchandise within the stated time period and also at a certain interest rate.

In order to properly record a dishonored note in the financial journal of the organization one must first decide whether he is expecting to collect payment eventually or not.

A bill is always considered as dishonored either by non-acceptance or by non-payment of the bill.

To know more about dishonored note here:

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Competitors and supply chain is an element of economic forces.

<h3>What are economic forces?</h3>

Economic forces are those factors that assist a firm in terms of its competitiveness in the environment it operates.

Here, economic forces have a direct impact on business and are essential factors that can help an organization in accomplishing its targets.

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1 year ago

This year, the Tastee Partnership reported income before guaranteed payments of $161,500. Stella owns a 40% profits interest and

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3 years ago

The essential problem that money solves in an economy is: a. a lack of a double coincidence of wants in an economy based on bart

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3 years ago

On February 1, you bought 100 shares of stock in the Francesca Corporation for $42 a share and a year later you sold it for $46

Luden [163]

Answer:

12.381%

Explanation:

For computing HPY and HPR, the formula is same which is given below:

The formula to compute the HPY is shown below

= Dividend income + (Selling price - purchase price) ÷ purchase price

= ($1.20 + $46 per share - $42 per share) ÷ $42 per share

= ($1.20 + $4 per share) ÷ $42 per share)

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3 years ago

Which of these is NOT a safe skill to employ in the presence of road workers?

QveST [7]

Answer:

<em><u>C. Drive at the posted speed limit</u></em>

Explanation:

The answer choices for this question are:

A. Keep alert and watch out for construction barrels or cones

B. Slow down even if you don't think you'll hit a road worker

C. Drive at the posted speed limit

D. Keep as much distance as you can while navigating around them

Since the conditions of the road are not the best, you should drive below the posted speed of limit.

The only presence of workers on the road represent a risk for them and for you.

The number of lanes are reduced, the road could present potholes, dirt, stones, or even some substances that make the pavement slippery. You could not have good visibility.

All those risks make that you have to be extremely careful, reduce your speed, lower than than the posted speed limit.

Thus, you should:

A. Keep alert and watch out for construction barrels or cones

B. Slow down even if you don't think you'll hit a road worker

C. <u>NOT </u>drive at the posted speed limit

D. Keep as much distance as you can while navigating around them

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3 years ago