All categories

3 years ago

On july 7, smithview bank lent $430,000 to andrews retail shop on a 90 day, 6% note. what is the maturity date of the note?

1 answer:

6 0

B .There are 24 days remaining in July (31 - 7 ); 31 days in August; 30 days in September; and 5 days in October (24 + 31 + 30 + 5 = 90 days).

The days are not only based on estimation but on Accurate number of days in each month. Since it is written in july 7 then its maturity will be on october 5

You might be interested in

"Hi, Mr. Tushman, it's so nice to see you again," said Mom. "This is my son, August."

neonofarm [45]

Answer: august

Explanation: because it uses i

6 0

1 year ago

Your general speech topic is dog obedience, and you have arranged an interview with an authority. what is your next task?

valentinak56 [21]

It is to research about dog behavior

6 0

4 years ago

Peter Company acquired 75 percent of Sally Company on January 1, 2019 for $712,500. During 2019, Sally purchased inventory for $

dezoksy [38]

Answer:

Journal entry to eliminate Sale to Peter Company

Debit : Sales Revenue (Sally Company ) $50,000

Credit : Cost of Sales (Peter Company) $50,000

Explanation:

Peter Company and Sally Company are in a group and Peter Company is the Parent whilst Sally Company is the subsidiary.

For 2019 Eliminate an Intragroup Transactions that occur between Peter Company and Sally Company.

8 0

3 years ago

The first step in the human resource planning process is forecasting. Forecasting is an attempt to determine the supply and dema

sesenic [268]

Answer:

Missing word "Roll over each of the items below to read about the proportion of marketing employees at different times. Then drag each item into the correct position in the matrix."

Note: The matrix in the question is attached as picture below

Year 2016

Sales mgr Sales Rep Sales asst. Not in

Organisation

2012

Sales Maintain Management Manager Manager

manager Management Representative Assistant Turnover

Position Demotion Demotion

Sales Rep Sales Rep Maintain Rep Rep assistant Sales Rep

Promotion Position Demotion

Sales Asst manager Management Maintain asst. Sales Asst

assistant Promotion Promotion position Turnover

Not in Manager New Sales Rep Sales Assistant

Organi- Hire New Hire New Hire

sation

7 0

3 years ago

Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0

bagirrra123 [75]

Answer:

$11,000 cost, five-year life, and $1,000 salvage value

Explanation:

given data

cost = $11,000

residual value = $1,000

estimated to be good = 5,000 hour

solution

as per the straight-line method

formula to compute the depreciation expense that is express as

depreciation expense = (Purchase value of generator - residual value) ÷ (estimated useful life) .......................1

and

here by considering here these three item

and other information that is not relevant that ignore

depreciation expense = ($11,000 - $1,000) ÷ 5 years = 2000

so $11,000 cost, five-year life, and $1,000 salvage value

3 0

3 years ago