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svlad2 [7]
2 years ago
8

On june 8, smith technologies issued a $75,000, 6%, 140-day note payable to johnson company. what is the due date of the note?

Business
2 answers:
vodka [1.7K]2 years ago
7 0
I think it would be October 25th for the due date of the note if June 8th is included in the 140 days. There are 23 days in June, 31 days in both July and August (in 2017) and 30 days in September plus 25 days in October = 23+31+31+30+25 = 140 days. 
Nina [5.8K]2 years ago
4 0
Given that the 140-day note is payable to Johnson company within 140 days. The due date will be as follows;
June 8th to June= 23 days
July 1st to July 31st =31 days
August 1st to August 31= 31 days
September 1st to September 30= 30 days
summing up the above dates we get:
23+31+31+30=115
140-115=25
The return date will be:
October 25th
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The market most likely to be characterized by oligopolistic competition in the united states is smartphone service providers.

<h3>What is an oligopolistic competition ?</h3>

An oligopoly is when there are few large firms operating in an industry. This is because there are high barriers to the entry and exit of firms into the industry.  The  smartphone service provider industry is dominated by  five industries due to the high cost and regulations in the industry.

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3 0
1 year ago
During 2014 and 2015, Danny pays property taxes of $3,500 each year on a piece of land. During 2014, the land is vacant and unpr
motikmotik

Answer: the answer is C deduct $3500 each year.

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5 0
2 years ago
g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y
Lorico [155]

Answer:

$880.31

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= -PV(Rate;NPER;PMT;FV;type)

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4 0
2 years ago
Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results i
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An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.

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Relevant cost per unit to make = $24

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8 0
2 years ago
A firm agreed to pay its workers ​$2525 an hour in 2016 and ​$4141 an hour in 2017. The price level for these years was 241 in 2
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Answer:

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= Real wage rate in 2017 - Real wage rate in 2016

= 16.73% -  10.4%

= 6.33%

Hence, these workers do get a raise between the two years.

8 0
2 years ago
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