Answer:
it seems like a difficult question
Answer:
The answer is: Maturity Level= $10.150,00
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>
<u></u>
Maturity level= Principal + Principalx[ix(days/360)]
The second term of the formula is the interest receive for the passing of time.
<u>In this exercise:</u>
<u></u>
Maturity Level= 10000 + 10000x[0,09x(60/360)]
Maturity Level= 10000 + 150 = $10150
Answer:
The correct answer is option A.
Explanation:
The federal reserve system plays several functions that are crucial for the working of the economy. It regulates the supply of money in the economy. It issues currency and controls the flow of currency in the market.
The federal reserve system also acts as the banker for the government and bankers for commercial banks. It acts as the lender of last resort for commercial banks. It also provides payment clearing systems.
The federal reserve system though does not accept deposits or extend loans to small lenders. The function of accepting deposits and extending loans is played by commercial banks.
Answer:
The correct answer is C. open
.
Explanation:
Open questions allow the respondent to develop effectively on a particular topic, making use of all their experience in order to give an opinion about the situation that they want to know. In this case, open-ended questions allow to know more effectively the thinking of the candidates to determine their level of adjustment to a given vacancy.
Answer:
The December 31st balance in Allowance for Doubtful Accounts, after the AJE is $69,600
Explanation:
Allowance for doubtful debts is a provision created by the entity for those Accounts Receivables for which settlement may never be received.
Juan, Inc. estimates bad debt expense as 2% of Accounts Receivable for the year
Therefore Provision for allowance for doubtful debts is $3,480,000 × 2% = $69600