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2 years ago

The amount due on the maturity date of a $10,900, 60-day 6%, note receivable is: (Use 360 days a year.)

Business

1 answer:

Marysya12 [62]2 years ago

5 0

Answer:

$11,009

Explanation:

Calculation to determine The amount due on the maturity date

Amount due =10900 x .06 x 1/6 = $109 + $ 10900

Amount due=$11,009

Therefore The amount due on the maturity date is $11,009

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Assuming the short-run aggregate supply curve is upward sloping, an increase in aggregate demand (while short-run aggregate supp

frez [133]

Assuming the short-run aggregate supply curve is upward-sloping, a decrease in aggregate demand (while short-run aggregate supply remains unchanged)results in a lower price level, lower output (real GDP), and higher unemployment.

<h3>What do you mean by aggregate demand?</h3>

The entire quantity of demand for all completed products and services produced in an economy is measured by aggregate demand.
The entire amount of money spent on those products and services at a certain price point and period is referred to as aggregate demand.
Lowering income taxes will leave the government with less money for government expenditure, which will reduce aggregate demand and balance out the rise in consumer spending.

To learn more about the aggregate demand, refer to the following link:

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1 year ago

The company's total assets are $40,000. The following is a listing of the company’s accounts and account balances as of December

galina1969 [7]

Answer:

Determine the balance of the Cash account.

$3,800 Cash

Explanation:

As the total assets it's $40,000 by difference it's possible to find the total balance of cash account.

There are 3 accounts which belongs to the asset part, Accounts Receivable, Supplies and Equipment, by difference with the total balance of Assets it's possible to find the balance of Cash.

$40,000 TOTAL ASSETS

Minus

-$8,000 Accounts Receivable

-$2,000 Supplies

-$26,200 Equipment

$3,800 Cash

December 31, Year 3

$3,800 Cash

$8,000 Accounts Receivable

$2,000 Supplies

$13,800 TOTAL CURRENT ASSETS

$26,200 Equipment

$26,200 TOTAL NONCURRENT ASSETS

$40,000 TOTAL ASSETS

$8,000 Accounts Payable

$0,000 Income Tax Payable

$8,000 TOTAL CURRENT LIABILITIES

$8,000 TOTAL LIABILITIES

$17,000 Retained Earnings

$15,000 Common Stock

$32,000 TOTAL EQUITY

$40,000 TOTAL EQUITY + LIABILITIES

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3 years ago

Bruce was driving to work yesterday when he was nearly run off the road by a speeding furniture delivery truck. On the back of t

BabaBlast [244]

Answer: Encourage and track complaints

Explanation:

Encourage and track complaints is a method of customer service some organization implemented to curb some customer service issue or likely monitor how well their product and services are or how well their workers treat their customers. This method of customer service operation helps the firm not to loose potential clients and customers already with them but still likes in the hands the clients or customer's feedback.

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3 years ago

A company purchases equipment for $32,000 cash. This transaction should be shown on the statement of cash flows under:________

omeli [17]

Answer:

b. investing activities

Explanation:

Cash flow can be defined as the net amount of cash and cash-equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

A company purchases equipment for $32,000 cash. This transaction should be shown on the statement of cash flows under investing activities.

Generally, investing activities comprises of purchasing physical assets, investing in securities and the sale of assets or securities associated with the company.

<em>Hence, a company that purchases equipment for $32,000 cash should show the transaction on the statement of cash flows under investing activities.</em>

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3 years ago

Safety is the responsibility of: <br> My supervisor<br> Everyone<br> My co-workers<br> Myself

ohaa [14]

Safety is the responsiblitiy of EVERYONE.

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3 years ago

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