Answer: The maturity value of the note is $5,66,533.
We can arrive at the answer with the steps below:
The formula we use to calculate Maturity Value is:
In this question,
Principal = $560,000
Interest = 7% per year
Time period = 60 days.
Number of days in a year = 360 days (given in the question).
Substituting the value of the time period calculated above in the Maturity Value formula we have:
Maturity Value = $560,000 × (1+(0.07×60/360))
Maturity Value = $560,000 × (1+(0.07×1/6))
Maturity Value = $560,000 × 1.011666667
Maturity Value = $566533.3333
Answer:
See below
Explanation:
Given the above information, Shelton should report the account receivable at a net amount as computed below;
= Accounts receivables - Allowance for doubtful account
Accounts receivables = $140,000
Allowance for doubtful account = $7,200
= $140,000 - $7,200
= $132,800
Therefore, account receivables at a net amount is $132,800
total cost to be accounted for
Answer: Option 3.
<u>Explanation:</u>
In Economics, total cost is the all out monetary expense of creation and is comprised of variable cost, which fluctuates as indicated by the amount of a decent delivered and incorporates sources of info, for example, labor and raw material.
Add your fixed expenses to your variable expenses to get your all out expense. Your all out average cost for basic items on your spending limit is the aggregate sum of cash you went through over a one month time span. The equation for discovering this is basically fixed costs + variable expenses = total cost.
Complete Question
The complete question is shown on the first uploaded image
Answer:
The correct stalemates are
The company is using -$14 million in net operating working capital
acquired by investor supplied funds.
Based on the information on industry averages , other players in the industry
would generate higher profits than J&H Corp , if they had no debt and
held no financial assets
Explanation:
The calculation is shown on the second and third uploaded image
Complete Question:
The principle of exceptions allows managers to focus on correcting variances between
Group of answer choices
a. standard costs and actual costs
b. competitor's costs and standard costs
c. variable costs and actual costs
d. competitor's costs and actual costs
Answer:
a. standard costs and actual costs
Explanation:
A principle of exception can be defined as a theory that states that, only relevant and significant deviation about an asset is brought to the knowledge of a manager for the decision-making process or consideration.
The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.
