1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tensa zangetsu [6.8K]
2 years ago
11

A company receives a 10%, 90-day note for $2,700. The total interest due on the maturity date is: (Use 360 days a year.)

Business
1 answer:
Rom4ik [11]2 years ago
8 0

Answer:

Interest amount = $67.5

Explanation:

Use the below formula to find the interest amount:

Interest amount = The value of note x Interest rate x (90 / 360)

Given value of note = $2700

Interest rate = 10%

Time = 90/360

Now plug the value in the above formula and solve for the interest due:

Interest amount = The value of note x Interest rate x (90 / 360)

Interest amount = 2700 x 10% x (90 / 360)

Interest amount = $67.5

You might be interested in
Sonya showed the office manager at Arunden Solutions how he could pay for the new copier she was selling by bringing more of Aru
kipiarov [429]

Answer: Cost-Benefit Analysis

Explanation:

  • The cost-benefit analysis is one of the process in which the company or an organizations are basically analyzing the decisions, projects, weakness and also the strengths for the purpose of determining the best way for achieving the various types of benefits and cost in the system.  
  • The importance of the cost benefit analysis to that it helps in providing the various types of opportunities in the form of investing in the advertising campaign of the product.      

According to the given question, Sonya is using the Cost benefit analysis fr the purpose of quantifying the given solution based of the basis of given situation.  

 Therefore, Cost-benefit analysis is the correct answer.

5 0
3 years ago
The _____ ensures the safety and quality of foods sold across state lines with the exception of red meat, poultry, and egg produ
-Dominant- [34]

Answer:

The correct word for the blank space is: Food and Drug Administration.

Explanation:

The U.S. Food and Drug Administration (<em>FDA</em>) is the agency responsible for regulating foods, medicines, cosmetics, medical equipment, biological products, and blood derivatives. The FDA's main role is to protect public health and to regulate the development and use of new drugs.

4 0
3 years ago
Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $
Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

                        = \frac{2,40,000}{3,00,000}      

                         = $ 0.80 per direct labor cost      

Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

                             = $ 2,80,000\times $ 0.80 Per direct labor cost  

                             =$ 2,24,000        

Actual Overhead cost = $ 2,20,000        

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0
3 years ago
All of the following are organization-directed benefits associated with offering unconditional guarantees except: a. the guarant
kotykmax [81]

Answer:

All of the following are organization-directed benefits associated with offering unconditional guarantees except:

a. the guarantee provides a means to avoid bankruptcy.

Explanation:

Providing or offering customers unconditional guarantees does not help the company to avoid bankruptcy.  Bankruptcy arises from inadequate financing resulting from overtrading.  Importantly, offering guarantees to customers communicates a clear performance goal to employees to improve service delivery to customers.

3 0
3 years ago
The answer is c i just got it right on plato
Helen [10]

Answer:

the answer to what lol

Explanation:

3 0
2 years ago
Other questions:
  • Mulch-Rite Inc., based in Germany, has contracted with a company in Italy to export twenty tons of mulch. Mulch-Rite has written
    5·1 answer
  • Brainliest! What three institutions influence economics the most? Explain how each influences economics and provide examples of
    15·2 answers
  • FreshLeaf is a commercial salad maker that produces "salad in a bag" that is sold at many local supermarkets. Its customers like
    14·1 answer
  • Which of the following is not a typical discounting method for manufacturers? O Seasonal sales O Volume discounts O Credit terms
    8·1 answer
  • Payment by check is an important internal control over cash payments because
    12·1 answer
  • External agencies and government bodies publish safety ratings for cars to help consumers alleviate _____ risk. multiple choice
    11·1 answer
  • A firm has the following forecast information for sales of Product X: April 15,000 units May 17,000 units June 19,000 units July
    7·2 answers
  • Last month Carlos Company had a $60,000 profit on sales of $300,000. Fixed costs are $120,000 a month. What sales revenue is nee
    14·1 answer
  • Before purchasing a chemical, one should ask if the chemical is commonly used. how does one know whether or not a chemical is co
    5·1 answer
  • he concept of ______ is probably the best single measure of an industry's impact.A. total outputB. total spendingC. aggregate ma
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!