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3 years ago

The maturity value of a $40,000, 9%, 40-day note receivable dated July 3 is A. $40,000B. $40,400C. $43,600D. $44,000

Business

1 answer:

Ede4ka [16]3 years ago

4 0

Answer:

The answer is: Maturity Value= $40.400,00

Explanation:

Notes are often a key component of how a business finances its operations. For purposes of accounting, it's important to be able to calculate the maturity value of a note to know how much a business will have to pay or receive when the note comes due.

In general, notes are a form of short-term commercial financing. The maturity value is the amount of money that the company would receive when the note comes due.

To calculate the maturity value you need to use the following formula:

Maturity level= Principal + Principalx[ix(days/360)]

The second term of the formula is the interest receive for the passing of time.

In this exercise:

Maturity Level= 40000+ 40000x[0,09x(40/360)]

Maturity Level= 40000+ 400= $40400

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Explanation:

A franchise business is one that allows another business (or non-profit) to carry out certain commercial activities, in a sense acting as an agent for the company.

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Other benefits include;

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3 years ago

In which of the five project management process groups are activities performed that relate to each knowledge area?

Basile [38]

Initiating, Planning, Executing, Monitoring and Controlling, and Closing are the five groups of the project management process.
Activities performed that relate to each knowledge area are part of the planning group from the project management process. Planning involves calculating the budget and schedule for the project, and determines what resources are needed.

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3 years ago

Which of the following resources must a business combine in order to be successfully organized? a. Materials, financial, informa

Tanzania [10]

Answer:

b. Materials, human, financial, and informational

Explanation:

There are four resources required to successfully organize the business.

Material: As for running the business, material as kind of inventory and material including all the assets that is tangible, is required including building, plant and machinery etc:

Human: Human is an essential requirement for business, as human will direct other humans, to work on machinery or other equipment in return of wages.

Financial: Without money there is no survival, as for business or non business. In context of business money provides funds to buy assets and money is paid and received during normal transactions of business.

Informational: Information is the key for understanding various aspects of business, as with information only the managers can take decision related to all other resources in the business.

Therefore, correct option is:

b. Materials, human, financial, and informational

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3 years ago

When you call a poison center, you will need to share with them all of the following

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Answer:

I think it's the weight..

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3 years ago

Read 2 more answers

Through the generosity of an unknown benefactor, you have been given $50,000 with the following laughable requirement: start a b

Sergio [31]

Answer:

What forms of business are available to you?

Sole trader.

Partnership.

Limited company.

What are the pros and cons of each option?

Sole trader:

pros:

You Have Full Control

Ownership Over Profit

Setting Up as a Sole Trader is Easy

There’s Less Admin Involved

You Have More Privacy as a Sole Trader

You Can Offer a Personal Touch

You Can Easily Change Your Business Structure Later

cons:

Debt Liability

It Can Be More Difficult to Get Financing

You Make All the Decisions

You May Have Less Free Time

You Have Less Flexibility When it Comes to Tax

Your Business May Not Be as Appealing to Clients

Partnership:

pros:

Easy to get started

Sharing the burden

Access to knowledge, skills, experience and contacts

Better decision-making

Privacy

Easy access to profits

cons:

The business has no independent legal status

Unlimited liability

Limited access to capital

Potential for differences and conflict

Profits must be shared

Limited company:

pros:

You could end up paying less tax

It might be easier to attract investment

You’ll have limited liability protection

cons:

You’ll encounter more financial admin

You’ll face more rigid taxation rules

You’ll have less privacy than a sole trader

Which would you choose and why

I would choose a limited company as I am a new business and if my business fails then I will not need to lose my assets to pay off the business debt.

What challenges do you think you will face

Getting staff, especaily experienced ones.

Also raising brand awareness as I'm a new business and might have to invest a lot of money into promotion.

Also trying to break even within the first couple of months as the business will not be able to survive unless it passes this threshold.

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2 years ago