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lakkis [162]
3 years ago
5

On June 1, 2021, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $420,000 a

nd a discount rate of 10%. Assuming straight-line amortization of the discount, what is the carrying value of the note as of September 30, 2021
Business
2 answers:
Vanyuwa [196]3 years ago
7 0

i keep seeing this question

Inessa [10]3 years ago
4 0

Answer:

$413,000

Explanation:

Calculation to determine the carrying value of the note as of September 30, 2021

Carrying value=[$420,000 - ($420,000 .010*6/12)]+ [($420,000 .010*6/12)*4/6]

Carrying value=[$420,000-$21,000]+ ($21,000*4/6)

Carrying value=[$420,000-$21,000]+ $14,000

Carrying value=$399,000+ 14,000

Carrying value=$413,000

Therefore the carrying value of the note as of September 30, 2021 is $413,000

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iragen [17]

Answer:

r = 5%

Explanation:

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# of barrels produced 10.000

Price per barrel $4

let the interest rate = r

Equate the net present value = 0

800000 = 10000 x 4/(1 + r) + 40000/(1 + r)2 + .......

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8 0
2 years ago
Which is the best measurement to use to determine who might have the absolute advantage?
Makovka662 [10]

Answer:

<u>low opportunity cost</u>

Explanation:

<u>Opportunity cost</u> is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.

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3 years ago
A firm has a fixed production cost of ​$1 comma 000 and a constant marginal cost of production of ​$100 per unit produced. What
Semenov [28]

Answer:

option (D) TC = $1,000 + $100q

Explanation:

Data provided in the question:

Fixed cost of production = $1,000

Marginal cost of production = $100 per unit produced

Now,

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also,

the total cost is given as:

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or

⇒ TC = $1,000 + ( $100 ×  q )

or

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The correct answer is option (D) TC = $1,000 + $100q

7 0
3 years ago
What does OPEC stand for? Help pls
konstantin123 [22]
OPEC - Organization of the Petroleum Exporting Countries
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3 years ago
Information regarding income levels, education, occupation, and ethnic groups in your target market is called
zhenek [66]

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