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ololo11 [35]
4 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]4 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

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You hire an experienced pet industry executive to consult with you both throughout the process. In your first meeting, she prese
Lisa [10]

The correct answer is B; Specialty store.

Further Explanation:

Since the client hired a pet industry consultant you can guess that the store is about pets. The market analysis and trend report will show how much stores with pet supplies makes per month/year.

The client is opening their first store and will not want to open a superstore right out of the gate. Since they will not be known to many and it is worded like it an individual opening the store by themselves.

A category killer store is a like a franchise or chain store. For example, a Home Depot or PetSmart. The client will not want to do this either since it takes a lot of capital and lengthy process to achieve.

The client will want to go with a specialty store to build up a customer base and focus on the items they want to bring to new customers. A specialty store will bring in the clientele that they are targeting. The specialty store will have items that larger stores do not have and can carry homemade items also.

Learn more about specialty stores at brainly.com/question/11950122

#LearnwithBrainly.

5 0
3 years ago
A _____ cost occurs when the amount used varies based on the volume of service provided.
andre [41]
In Accounting there are four types of costs: <span>direct, indirect, fixed, variable and operating </span>costs<span>.
</span>Direct cost is the material, labor, expense, or distribution cost required to produce the product.<span>
Fixed costs are </span>cost of building a factory, insurance and legal bills.
opposite to fixed costs, a variable cost <span>occurs when the amount used varies based on the volume of service provided.</span>
6 0
4 years ago
You plan to visit Geneva, Switzerland in three months to attend an international business conference. You expect to incur the to
Serggg [28]

Answer:

A. 3403.75 dollars

B. 3150

C. 0.579

D. Is an attachment

Explanation:

A. We first find the premium cost

= 0.05x5000 x 1+0.06/4

= 250x1.015

= 253.75

From here we find expected dollar cost

= Exchange rate x units + premium

= 0.63x5000+253.75

= 3,403.75 dollars

B. Forward rate = 0.63

Total cost of dollar

= 0.63x5000

= 3150

C. The investor would be indifferent at 0.579

Forward rate = unit * future + premium

3150 = 5000 * future + 253.75

3150-253.75 = 5000*future

We solve and divide through by 5000

Future = 0.579

D is in the attachment

4 0
3 years ago
________________ is a powerful tool for sizing up the company's competitive assets and determining whether they can provide the
Nookie1986 [14]

Answer: Resource and capability analysis

Explanation:

When the resources and capabilities of an organisation are analyzed, the organizational strategy becomes infallible over time.

The organisation is able to check all it’s capabilities and knowledge in order to enhance resource efficiency and effectiveness.

5 0
3 years ago
When an entrepreneur has three employees at a busy and growing software company, what is the primary responsibility of 1
Finger [1]

Answer:

manage the business by finding new customers and investors

Explanation:

Out of the available options, this one would be the best possible answer. But in my opinion it is not the best answer. The entrepreneur is responsible for developing a product or service that can be sold to as many customers as possible. Without the main product or service, the entrepreneur has nothing. After he/she has developed or created his product or service, then the entrepreneur must go out and find customers and investors.

For e.g. Mark Zuckerberg had to develop FB before finding investors or even having any people use it. The same applies to all time genius Steve Jobs who needed to finish the Apple 1 before it could be sold.

After the product or service is ready probably comes the hardest part which is to get enough money to get your project running and get people to use it.

All the other options are important parts of owning a business, e.g. arriving early in the morning (develops a proper work culture) or training employees, but they are not the primary responsibility.

6 0
4 years ago
Read 2 more answers
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