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Ipatiy [6.2K]
4 years ago
15

A company receives a 5%, 90-day note for $3,600. The total interest due on the maturity date is: (Use 360 days a year.)

Business
1 answer:
olga_2 [115]4 years ago
8 0

Answer:

$45

Explanation:

The total interest due on note can be calculated by multiplying the Value of note with interest rate for required days. The formula for interest should be

Total Interest due = Value of Note x Interest Rate x 90/360

DATA

Value of note = $3,600

Interest rate = 5%

Number of days = 90

Total days n a year = 360

Solution

Total interest due = 3,600 x 5% x 90/360

Total interest due = $45

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Answer:

E) Method of science.

Explanation:

The study of the scientific method represent the activities where the success could be accomplished. They are observations that are systematic and experimental

Since in the question it is given that donna belives in the 360 degree performance review as this would represent the effectiveness

So the option e is correct

And, the rest of the options seems wrong

5 0
3 years ago
Read 2 more answers
Over which of the following factors affecting profits does a business have the most control:
Paul [167]

The factor that affecting profits to a business that have the most control is the expenses.

<h3>How expenses affect profit?</h3>

The expenses play the major role to affect the profit of business organizations, as it is clear that if the firm incurred more expenses in various things that are not related to the business, then ultimately the profit level decreases, and vice-versa.

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8 0
2 years ago
The longest prison riot in u.s. history occurred at _____________ where inmates killed nine of their fellow inmates during an 11
coldgirl [10]
During April 11, 1993, at the Southern Ohio Correctional, the longest prison riot in the US history took place wherein the 11 days of riot took the lives of 9 inmates at the prison. Another famous riot was the 1990 Strangeways Prison riot which took place at a British penal colony and ended 25th of April.
3 0
3 years ago
Bello, Inc., has a total debt ratio of .31.
lutik1710 [3]

Answer:

a. Debt Equity ratio is calculated by dividing long term Debt by total equity of the company.

b.Equity Multiplier or P/E ratio=Market value per share/Earning per share.

Explanation:

a. Debt Equity ratio is calculated by dividing long term Debt by total equity of the company. The Debt Equity ratio can be calculated using the Market value of debt or equity. It can also be calculated using the book values of debt or equity which are included in the balance sheet of the company.

b. Equity multiplier is also known as price /earning ratio. A price/earnings ratio or P/E ratio is the ratio of the market value of a share to the  annual earnings per share. For every company whose shares are traded on a  stock market, there is a P/E ratio. For private companies (companies whose shares are not traded on a stock market) a suitable P/E ratio can be selected and  used to derive a valuation for the shares.

Equity Multiplier or P/E ratio=Market value per share/Earning per share.

4 0
3 years ago
Sherman Peabody earns a monthly salary of ​$1,500​, which he receives at the beginning of each month. He spends the entire a
ale4655 [162]

Answer: A. maximizes the profits from money management.

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The optimal average level of money is indeed the amount that maximises profit from money management.

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