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emmasim [6.3K]
3 years ago
7

On Aprilâ 1, 2017, Banne Services received a 9â-month note for $ 13 comma 000 at 11â%. Calculate the amount of interest due at m

aturity.â (Round any intermediate calculations to two decimalâ places, and your final answer to the nearestâ dollar.
Business
1 answer:
tangare [24]3 years ago
3 0

Answer:

$1,073

Explanation:

The computation of the interest due is shown below"

= Total amount borrowed × interest rate × number of months ÷ total months in a year

= $13,000 × 11% × 9 months ÷ 12 months

= $1,073

The five months are calculated from April 1 to December 31. We assume the books are closed on December 31.

Simply we apply the simple interest formula so that the correct amount can come

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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel P
svlad2 [7]

Answer:

E-travel-1.15

Pricecheck-0.38

Explanation:

Debt to equity ratio compares the finance provided by outsiders viz-a-viz that which is provided by the original owners of the company,the shareholders, in order to determine whether or not the company is at risk of slow growth if outsiders withdraw their funds.

Debt to equity=total liabilities/equity

E-Travel:

total liabilities is $2,854,475

total equity $2,482,681

debt-equity ratio=$2,854,475/$2,482,681=1.15

Debtholders provided more capital funding than the stockholders

Pricecheck:

total liabilities is $472,610

total equity is $1,257,614

debt-to-equity ratio=$472,610/$1,257,614 =0.38

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3 years ago
A few typos on a cover letter normally do not affect your chances of getting hired.
DENIUS [597]
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3 years ago
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"Which bond recommendation would be the LEAST safe for an individual who seeks income that is free from federal income tax?"
topjm [15]

Answer:

A. AA-rated revenue bond that is escrowed to maturity

Explanation:

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The second option is backup by a pledge that involves full trust and contains the secure option that enables an individual free from the federal income tax

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The fourth option is the mix of revenue bonds and the obligation bonds hat involves full trust and contains the secure option that enables an individual free from the federal income tax

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3 years ago
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Marina86 [1]

Answer:

it's a tangible long-term asset

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A farmer purchases a new type of corn seed that will reduce her need for pesticides by two-thirds. The new seed is only slightly
Snezhnost [94]

Answer: Chicken fever

Explanation: I don't know i was guessing but ill look it up fo you

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