Answer: See explanation
Explanation:
a. Determine the due date of the note.
The due date will be gotten by calculating the date that will make 120 days starting from April 9th. This will be:
April = 30 - 9 days = 21 days
May = 31 days
June = 30 days
July = 31 days
August = 7th day.
Therefore, August 7 is the due date
b. Determine the maturity value of the note.
Amount of interest on note = 96000 x 10% x 120/360
= 96000 × 0.1 × 1/3
= $3200
Then, Maturity Value will be:
=$96000 + $3200
= $99200
c. Journalize the entry to record the receipt of the payment of the note at maturity.
7th August:
Debit: Cash = $99200
Credit: Note receivable = $96000
Credit: Interest revenue = $3200
(Note receivable realized)
The future worth of money that is invested currently can be calcualted through the equation,
F = P x (1 + i)^n
where F is the future worth, P is the present worth, i is the interest, and n is the number of years.
a. F = (5,000)(1 + 0.09)^2 = $5,940.5
b. F = (5,000)(1 + 0.06)^3 = $5,955.08
c. F = (5,000)(1 + 0.03)^6 = $5,970.26
Hence, the answer to this item is letter C.
Answer:
The correct answer is (C)
Explanation:
The uniform commercial code is an article that addresses the contract of sales. The UCC code has excellent benefits for both sellers and buyers. This contract makes sure that the general purpose of a good or service is filled. This code or an article implies a warranty of merchantability. This warranty is entirely analysed by examining the use of a commodity and how it fulfils the purpose.
Based on the information provided, you should record two (2) dependents in Step 3 of the W-4 form.
<h3>What is a W-4 form?</h3>
A W-4 form simply refers to an internal revenue service (IRS) tax form which is used in the United States of America, so as to indicate the correct federal income tax that should be withheld from an employee's paycheck.
In Step 3 of the W-4 form, an employee is expected to indicate whether or not he or she has dependents. Thus, an employee would write (record) the number of dependents he or she has in Step 3 of the W-4 form.
In this scenario, we can logically conclude that you should record two (2) dependents in Step 3 of the W-4 form because you've two (2) children, aged 2 and 4.
Read more on W-4 form here: brainly.com/question/15507745
#SPJ1
Answer:
D. Increasing the capacity of a non-bottleneck station increases the capacity for the whole system.
Explanation:
Bottleneck management is the management to identify the resource which is limited and needed in the production process, and then managing such resource properly.
In this case, the invalid statement is statement D
As increasing the capacity of non-bottleneck station will only impact all the non-bottleneck stations, but will not increase in any manner the capacity and availability of bottleneck factors.
Thus, the statement is invalid.