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fiasKO [112]
3 years ago
15

What are the two key parties to a promissory note?.

Business
1 answer:
mestny [16]3 years ago
3 0

Answer:

The party making the promise to pay is called the maker. The party to whom payment is to be made is called the payee.

Explanation:

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On April 12, Hong Company agrees to accept a 60-day, 9%, $7,200 note from Indigo Company to extend the due date on an overdue ac
vazorg [7]
Answer: the answer is B
8 0
3 years ago
The following details are provided by a manufacturing company: Product line Investment $1,100,000 Useful life 12 years Estimated
tangare [24]

Answer:

2.82 years

Explanation:

The payback is the length of time taken for the investment's cash inflows to equal the initial investment outlay.

In the first two years of the investment, $790,000($400,000+$390,000) would have been recouped out of the initial investment of $1,100,000.

The amount that is expected to be recovered in  year 3  is $310,000 ($1,100,000-$790,000), based on that , we can compute our payback period thus:

payback  period=2 years+(cash flow recovery in year 3/year cash 3 inflows)

payback  period=2+($310,000/$380,000)

payback period=2.82 years

5 0
3 years ago
Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing th
ioda

Answer:

The closing cash balance in this question is $47,030. Which is over the minimum cash requirement the business hopes to have.

Explanation:

In preparing a cash budget, focus should be given to both real cash creating revenues/ income and cash creating expenses or acquisitions.

If there is no cash implication in the specified transaction it should be ignored. For example depreciation, or a transaction for which payment or receipt of cash occurs outside the budget period.

The closing cash balance in this question is $47,030. Which is over the minimum cash requirement the business hopes to have.

The breakdown of the budget is detailed in the attached file.

7 0
3 years ago
You respond to a 32-year-old male who fell 20 feet off a ladder. He is responsive to painful stimuli. He has snoring respiration
Ksju [112]

Answer:

Arterial bleed

Explanation:

Emergency bleeding control describes actions that control bleeding from a patient who has suffered a traumatic injury or who has a medical condition that has caused bleeding. Many bleeding control techniques are taught as part of first aid throughout the world.

6 0
3 years ago
Where is carowinds at
Leviafan [203]

Answer:

Carowinds is an amusement park situated in Charlotte, North Carolina.

Explanation:

Carowinds is an amusement park sitting on a 407 acre piece of land, found adjoining Interstate 77 in Charlotte, North Carolina. In spite of the fact that it has an official North Carolina address, the recreation center is situated along the North Carolina-South Carolina state line, with a portion of the recreation center also situated in Stronghold Factory, South Carolina. The recreation center opened on the March 31, 1973, with an estimated cost of $70 million. Due to a long four-year arranging period led by businessman who was a Charlotte resident. His name is Lord Patterson and he Lobbied for the construction of the amusement park. He was motivated to design the recreation center by a 1956 visit to Disneyland and the need for bringing the two states nearer together. The amusement park is owned and run by Cedar Fair Entertainment Company. Additionally, Carowinds includes a 27 acre section water park, Carolina Harbor, which is incorporated with park admission. The recreation center boasts two events during Halloween and winter. The two events have been meticulously named; SCarowinds for the Halloween season and Winterfest for the winter season.

7 0
3 years ago
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