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Anestetic [448]
3 years ago
11

On june 8, williams company issued an $80,000, 5%, 120-day note payable to brown industries. assuming a 360-day year, what is th

e maturity value of the note?
a. $82,600

b. $84,000

c. $81,333

d. $88,200
Business
1 answer:
lidiya [134]3 years ago
7 0

To calculate the maturity of this note,

we use a simple formula first to get the interest which is:

I = Principal (amount owed) X Interest Rate (%) X Time (length of loan)

The days is only divided by only 360 days instead of 365 days. This is because commercial loans often use 360-day calendar years instead of 365-day calendar years. But not all banks used this as their calendar year,

 

I = Prt

= ($80000) (0.05) (120/360)

= ($80000) (0.01666666666)

I = $ 1,333.33

 

To get the maturity value, the formula is: M = Interest + Principal

M = I + P

= $1,333.33 + $80,000

= $81,333.33 or $81,333, letter C

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Answer: (D) Blanket position

Explanation:

The blanket position is one of the type of form that helps in providing the broadcast coverage that covers all the employees in all type of position. It is also know as the blanket fidelity.

The main purpose of the blanket position bond is that for providing the employees theft coverage in the form of coverage securities, money and the properties.

The coverage is basically base on the different types of designed position and may also differ according to the different types of positions.      

 Therefore, Option (D) is correct.

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An example of a stressor at the group level is
Marta_Voda [28]

An example of a stressor at the group level is an excessive job demands. The Option A is correct.

<h3>What is a stressor in group?</h3>

Also known as an interpersonal demands, means the pressures created by other employees. A group related stressors does include some factors like conflicts, poor communication, unpleasant relationship as well as fear of being ostracized from the group as a valued member.

While working with a superior, peers or subordinates with whom one does not get along can be a constant source of stress. Some people can effectively deal with conflicts and misunderstandings and resolve issues as they arise. Many, some find it difficult to do this and build internal stresses for themselves.

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A.
Elena L [17]
B. Tell your boss they are great
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3 years ago
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Which of the following does not influence the consumer when he or she
Diano4ka-milaya [45]
WHATS THE REST OF THE QUESTION ?
5 0
3 years ago
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Starlight Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each
scoray [572]

Answer:

$3,445

Explanation:

Starlight Company has inventory of 8 units at a cost of $200 each on October 1.

On October 2, it purchased 20 units at $205 each.

11 units are sold on October 4.

Using the LIFO perpetual inventory method, the value of inventory after the October 4 sale will be:

Date   Particulars                    Unit   Cost  Balance

Oct 1  Beginning inventory     8     $200

Oct 2 Purchases                   20    $205    28

Oct 4 Sales                             11     $205    17

The 17 units are made up of the balance of 9 from the purchases on Oct 2, and the 8 units of opening inventory.

Hence the value of inventory after the sale is (9 x $205) + (8 x $200) = $3,445

- $3,485.- $3,445.- $3,500.- $3,472.- $3,461.

4 0
3 years ago
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