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
Schach [20]
3 years ago
12

Ewa signs an instrument unconditionally promising to pay to "Sunny State Bank" $5,000 with interest in installments with the fin

al payment due June 1, 2013.
50. Refer to Fact Pattern 24-2B. The instrument that Ewa signed is most likely

a. a certificate of deposit.
b. a draft.
c. an order to pay.
d. a promissory note.
Business
1 answer:
Oksanka [162]3 years ago
3 0

Answer:

d. a promissory note.

Explanation:

A certificate of deposit is a product offered by banks in which people deposit an amount of money for a period of time to receive a specific interest rate.

A draft is a check that is guaranteed by the bank

An order to pay is an instruction given to the bank to transfer funds to a specific account.

A promissory note is a document in which a person commits to make  payment for a specific amount on a certain date.

According to this, the instrument that Ewa signed is most likely a promissory note.

You might be interested in
Summarize the effect of credit card interest on the real cost of items.
JulijaS [17]

Answer with its Explanation:

The result is that some of the credit cards pays interests on the cash surplus and charges interests on the cash deficit. If the interest rate is higher then the interest on the real cost of items that are finance with the negative balance will be charged interest on the higher interest rate because the interest rate is higher. If the interest rate is lower then the effect of credit card interest rate would be higher on the real cost of items.

3 0
3 years ago
A store is offering a 25% discount on all items. Also, employees get a 10% employee discount. If you are an employee which disco
mr Goodwill [35]
Let x be the original price of an item. For the first case, the employee avails the 25% first then the 10%. 
                     Price: (0.75x)(0.90) = 0.675x
For the second case, the 10% discount is availed first then, the 25%.
                    Price: (0.90x)(0.75) = 0.675x
Thus, whichever is the case, the price would be the same. The answer is letter D. 
4 0
3 years ago
Read 2 more answers
How do i cancel my account i made because it does not work
Gre4nikov [31]

A account for here? Ask a server administer  to cancel it I guess. I can't recall anywhere where it said how to delete or discontinue my account.

7 0
4 years ago
Read 2 more answers
Carnes Electronics sells consumer electronics that carry a 90-day manufacturer’s warranty. At the time of purchase, customers ar
saw5 [17]

Answer: See explanation

Explanation:

a. This is not a loss contingency. A loss contingency occurs when the value of an asset is reduced because of an occurence on the future. This isn't the case here as a separate sales transaction occured.

b. To account for it, we have to defer the revenue as a liability and then we will use the straight line basis to calculate the warranty expense.

2. Dr Cash $412,000

Cr Unearned revenue - extended warranties $ 412,000

(To record the sale of extended warranty)

Dr Unearned revenue - extended warranties. $57937.50

Cr. Revenue - Extended Warranties $57937.50

(To record revenue earned on extended warranty)

3 0
3 years ago
Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He used different sources of recruitment to recruit th
sergey [27]

Answer:

Cost per hire.

Explanation:

Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He used different sources of recruitment to recruit these employees. He wants to know which kind of source delivered the most new hires for the money. To answer that question, Herbert should determine the <u>Cost per hire</u>.

Cost per hire: It is a metric used by company to know the cost incurred in hiring per employee. It include all expense in recruiting employee, like travel cost, equipment cost, administrative expense, advertisement expense etc. Later comparing the cost per hire with the benefit per employee to the organization.

In the given case, If Herbert determine cost per hire of an organization help in knowing which kind of source of recruitment delivered the most new hires for the money.

4 0
3 years ago
Other questions:
  • According to the five-step model of marketing processes the first step in marketing is
    5·1 answer
  • The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2200 units, the actual direct
    8·1 answer
  • The NCAA operates as:
    11·2 answers
  • A teenage driver crashes her​ parents' minivan into an office​ building, causing​ $85,000 in damage to the building. The automob
    9·1 answer
  • Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.6 million, and the 2018 balance sheet showed net fixed
    9·1 answer
  • OSHA standards appear in the ___________ and are then broken down into ____________.
    8·1 answer
  • Louis and Greg entered into an oral contract whereby Louis would transfer real estate he owned in Long Beach to Greg. In exchang
    12·1 answer
  • The face value of a bond is the ____.
    9·1 answer
  • Marginal utility can: Group of answer choices be positive or negative, but not zero decrease, but not become negative be positiv
    12·1 answer
  • What was the first state to make july fourth an official holiday?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!