1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ololo11 [35]
3 years ago
15

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 <u>following formula:</u>

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

                         

The second term of the formula is the <u>interest </u>receive for the passing of time.

<u>In this exercise:</u>

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

Maturity Level= 40000+ 400= $40400

You might be interested in
What global marketing opportunities and challenges would you face if the simulation were based on a real-world international sit
Dominik [7]

Answer:

The answer is stated below:

Explanation:

The challenges which one would face and these are:

1. Hiring especially and retaining the top talent.

2. Secure the budget.

3. Economic fluctuations.

4. Trained professionals.

5. Evaluation of ROI (Return on Investment) on activities of the marketing.

When the company or firm faces the limitations grounded on the real world situations then all of the mentioned above will be a challenge for the company. The firm or the company will have to meet the fluctuation which is linked with the economic conditions as well as the currency.

When the assumptions are build as a simulation then the company or the firm will not be in a position to take the risk. The assumption could cause the firm to travel safely in the economy, in order to take or face the challenges the firm should ready to face the risks and have the plans in respect to tariffs, currency and other barriers.

If the firm wants to play safe then should be open to all the fluctuations and prepared to meet the ups as well as downs in the business.

So, assumptions should be made in such a way that they safeguard or protect the company but should not be such that it will limit the company growth.

5 0
3 years ago
"A process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade
liraira [26]

Answer:

Globalization

Explanation:

Globalization is the seamless exchange of goods, technology, idea, culture, e.t.c across national boundary which is highly facilitated by collapsing or eliminating artificial barriers which hitherto made trade and communication difficult of almost impossible.

Globalization provides a platform for international integration and global connectivity among individuals, firms  and government across international boundary.

8 0
3 years ago
What is the highest level of message AWARENESS that can be reached with the UNIVERSITY STUDENT based on a selection(s) of POSITI
Ivahew [28]

The highest level of message AWARENESS that can be reached with the UNIVERSITY STUDENT based on a selection(s) of POSITIONING messages  is 50%.

<h3>What is positioning messages?</h3>

Positioning messages can be defined as message that contain detailed and concise information about how a product are  and how such product tend to meet customers expectations or needs.

Positioning messages as well help to described how a product are including the satisfaction or benefit a consumer can derive from the product.

Therefore based on a selection(s) of POSITIONING messages  is 50%.

Learn more about positioning messages here:brainly.com/question/14293602

#SPJ1

8 0
2 years ago
Purple Feet Wine, Inc., receives an average of $14,000 in checks per day. The delay in clearing is typically four days. The curr
Dominik [7]

Answer:

The correct answer is $56,000.

Explanation:

According to the scenario, the given data are as follows:

Average checks per day = $14,000

Days in clearing = 4 days

Interest rate = 0.018% per day

So, we can calculate the company's float by using following formula:

Company's Float = Average checks per day × Days in clearing

By putting the value in the formula, we get

Company's Float = $14,000 × 4

= $56,000

8 0
3 years ago
Select the correct answers.
Thepotemich [5.8K]

Answer:

the correct answers are,

  1. safety
  2. liquidity

Explanation:

saving money does not include much risk and is not affected by market volatility and prices. Most of the time, the savings' are guaranteed by the banks and governments through various securities.

Also, money in savings are easy to get back for your use!

3 0
3 years ago
Read 2 more answers
Other questions:
  • Worker Corporation allocates its single support department to its operating departments based on the single rate method using ma
    15·1 answer
  • Rockland Corporation earned net income of $300,000 in 2014 and had 100,000 shares of common stock outstanding throughout the yea
    9·1 answer
  • Which of the following pieces of information is needed to compute flow time at a dentist's office?
    11·1 answer
  • Do you think that eliminating or limiting the amount of deposit insurance would be a good​ idea? Explain your answer. A. It is a
    14·1 answer
  • g The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the fo
    7·1 answer
  • Assume there is a decrease in the market demand for a good sold by price-taking firms that are initially producing the profit-ma
    6·1 answer
  • True or False: Stock market crashes have relatively little effect on the overall economy?
    8·2 answers
  • What specific cryptocurrency was worth $68,000 in november but had fallen to less than $36,000 by the beginning of this week?.
    5·1 answer
  • Removing stressors before they can cause stress would be considered what type of stress reduction strategy?.
    15·1 answer
  • If business leaders in Great Britain become more confident in their economy, they will increase investment, causing the British
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!