.............................................................Budget Challenge?
Answer:
the maturity date is August 12
Explanation:
The computation of the maturity date of 60 day note receivable dated on June 17 is as follows
Here we have to determine the 60 days from June 17
So in June, the remaining days left would be = (30 - 17) = 13
31 days in July
And, the rest of the days i.e. 12 days in August
So, the maturity date is August 12
Hence, the same would be considered
and, the same is relevant
Answer:
Tariff
Explanation:
A Tariff is otherwise known as an import duties, it is the taxes imposed on goods that come from other countries into a particular country. Tariff is imposed for so many reasons one of which is to protect local industries of the country i.e enabling local industries in the country to have profitability in their business and eliminating competitions from foreign organisation.
By imposing tariff, the rate of goods imported into a country will be reduced and this will encourage local production of goods and discourage importation.
Answer:
$1,350,000
Explanation:
The computation of the amount of cash payments to stockholders is shown below:
= Beginning balance of dividend payable + cash dividend declared - ending balance of dividend payable
= $250,000 + $1,200,000 - $100,000
= $1,350,000
To find out the amount of cash payments to stockholders we added the cash dividend declared and deduct the ending balance of dividend payable to the beginning balance of dividend payable
