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
Neko [114]
3 years ago
10

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) N

ote Contract Date Principal Interest Rate Period of Note (Term) 1. March 7 $ 12,000 5 % 60 days 2. May 21 18,000 7 90 days 3. October 26 14,000 4 45 days
Business
1 answer:
Margaret [11]3 years ago
7 0

Answer:

Note   Contract Date   Principal   Interest Rate   Period of Note (Term)

1              March 7            $12,000           5 %                    60 days

2.             May 21             $18,000           7%                      90 days

3.            October 26      $ 14,000           4%                     45 days

1. Maturity date = 6 May

Interest expenses = $12,000*5%*60/360

Interest expenses = $100

2. Maturity date = 19 August

Interest expenses = $18,000*7%*90/360

Interest expenses = $315

3. Maturity date = 10 December

Interest expenses = $14,000*4%*45/360

Interest expenses = $70

You might be interested in
IMA GOIN BROKE FROM THESE GIVAWAYS BUT HERES MORE POINTS
KIM [24]

Answer:

TYSM YOU ARE AMAZING

Explanation:

5 0
3 years ago
Read 2 more answers
The balance sheet category "Intangible Assets" includes:
AnnyKZ [126]

Answer:

b. patents, trademarks, and franchises. 

Explanation:

Intangible assets are assets that aren't physical, they cannot be seen.

Examples of intangible assets are goodwill, patents, trademarks, and franchises. 

8 0
3 years ago
What do you think Madison needs to include in the fire prevention training plan?
andrezito [222]
"Fire size", "Atmosphere in the vicinity of the fire", "Fire fighter's evacuation path" are the correct answers.
5 0
3 years ago
As mentioned in the video, the US produces an annual "List of Goods Produced by Child Labor or Forced Labor." How effective do y
lina2011 [118]

Answer and Explanation:

By publishing the "List of Goods Produced by Child Labor or Forced Labor" the American government is able to raise awareness among the population that, although child labor is something inconceivable in American society, it still happens with great intensity in various places around the world. This allows the population to become aware of this situation and to stop buying products produced by companies that finance and allow child labor to happen. When they stop using these products, companies suffer a decrease in demand, which can cause significant changes in the production and in the lives of children who need to work.

While consumer pressure at companies that allow child labor is effective, pressure from political and commercial authorities is more effective in bringing about change and ensuring the protection of children, as these authorities can promote severe punishments for those who allow this to happen.

7 0
3 years ago
. The start of noncritical activities are delayed beyond their earliest start times (but not beyond their latest start times) in
ozzi

The correct answer is D) maintain a uniform level of required resources.

The start of noncritical activities is delayed beyond their earliest start times (but not beyond their latest start times) in order to maintain a uniform level of required resources.

That is why companies have to establish their priorities and identify the main activities that must be accomplished on time, the people responsible to accomplish the activity, and the resources needed to successfully do so. Noncritical activities can be delayed up to a point, but the critical activities have to be followed according to the schedule.

7 0
3 years ago
Other questions:
  • Equipment that cost $420,000 and on which $200,000 of accumulated depreciation has been recorded was disposed of for $180,000 ca
    11·1 answer
  • An insurance policy is _____.
    6·2 answers
  • Free rein leaders can be described as:
    5·1 answer
  • The following selected transactions were completed during August between Summit Co. and Beartooth Co.: Aug. 1 Summit Co. sold me
    6·1 answer
  • You are one of nine partners of MobileWorks, a partnership organized to manufacture and sell mobile networking devices. You rece
    10·1 answer
  • Jason Graham's startup, which is in the electronics industry, was launched on January 1, 2009. However, prior to its formal laun
    5·2 answers
  • Differing ____ levels and _______ requirements affect the choice of market entry
    6·1 answer
  • Describe the formation process of cross-border mergers, acquisitions, and international joint ventures. What are the major diffe
    11·1 answer
  • Which of the following statements explains the concept of the tragedy of the​ commons? ​(Check all that apply.​) A. It occurs du
    13·1 answer
  • Two reasons why collateral is important to a borrower
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!