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
GenaCL600 [577]
3 years ago
15

On December 30, Year 12, AGH, Inc. purchased a machine from Grant Corp. inexchange for a zero-interest-bearing note requiring ei

ght payments of $70,000. The first paymentwas made on December 30, Year 12, and the others are due annually on December 30.At date of issuance, the prevailing rate of interest for this type of note was 11%. Presentvalue factors are as follow:
Period Present Value of Ordinary Annuity of 1 at 1100 Present Value of Annuity Due of 1 at 11%
7 4.712 5.231
8 5.146 5.712

On AGH's December 31, 2017 balance sheet, the net note payable to Grant is:______
Business
1 answer:
andrey2020 [161]3 years ago
6 0

Answer:

$329,840

Explanation:

Calculation to determine the net note payable to Grant

Net note payable to Grant=$70,000 × 4.712

Net note payable to Grant= $329,840

OR

Net note payable to Grant= ($70,000 × 5.712) – $70,000

Net note payable to Grant= $329,840

Therefore On AGH's December 31, 2017 balance sheet, the net note payable to Grant is:$329,840

You might be interested in
How does communication aids to trade​
Alexus [3.1K]

Answer:

Aids to trade communication

<u><em>Aids to trade includes Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents.</em></u>

Trade promotion organizations in a country and Global organizations for international trade. These important auxiliaries ensure a smooth flow of goods from producers to the consumers.

Hope this helpssss :)

7 0
3 years ago
What was the opening price of Coca-Cola on Jan 1, 1962?
agasfer [191]

Answer:

I'm not 100 %sure but but I think 49 cents

3 0
3 years ago
Read 2 more answers
The workers are openly hostile to Scott when he enters the meeting. Which barrier to communication does the workers’ actions rep
Kruka [31]

Answer:

(e) defensiveness

Explanation:

The best option amongst all is defensiveness.

The workers action could also be understood as defensiveness. Hostility or having an unfriendly attitude is a major barrier in communication especially in organizations.

The workers were not open minded and lacked respect to listen to what Scott would have said at the meeting.

Other barriers to communication includes, Emotions, Cultural Barriers etc.

5 0
3 years ago
Prompt
Law Incorporation [45]

Answer:

Could you please be specific with your question?

Explanation:

8 0
3 years ago
A corn farmer is considered a ________ if he chooses not to join the national interest group his fellow farmers created, yet sti
muminat
A corn farmer is considered a free rider if he chooses not to join the national interest group his fellow farmers created, yet still reaps the benefits of the tax incentives the group lobbied for and won. 
The free rider problem is an economic concept of a market failure that occurs when people or individuals are benefiting from resources, goods or services that they do not pay for. In our case, the corn farmer is benefiting from the tax incentives the group lobbied for, yet he or she made zero input or effort to contribute to the groups agenda in getting tax incentives. <span />
7 0
3 years ago
Other questions:
  • TB MC Qu. 9-371 Irving Corporation makes a product with ... Irving Corporation makes a product with the following standards for
    12·1 answer
  • Many of the responsibilities associated with working in a professional sport organization, such as the National Football League
    7·1 answer
  • Receiving the medal of honor and making the dean's list are both examples of ________. value contradictions folkways positive sa
    12·1 answer
  • The percentage of network programming on broadcast TV that involves sports is _______________________.
    14·1 answer
  • This graph shows how mobile-phone subscriptions
    7·2 answers
  • Carlin and Marley, an accounting firm, provides consulting and tax planningservices. For many years, the firm's total administra
    14·1 answer
  • Which PCI security requirement relates to the physical protection of banks’ customer data?
    14·2 answers
  • Clients are increasingly asking advertisers for ______, agreements on campaign-specific outcomes and consensus on how the effect
    12·1 answer
  • What is code of conduct in hospitality?​
    15·2 answers
  • To minimize the temptation for managers to act in their own self-interest, governance mechanisms exist for implementation consid
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!