A business accepts a 9 percent, $25,000 note due in 120 days. Assuming simple interest, how much (amount rounded) will the business receive when the note falls due?

a. $25,000
b. $25,075
c. $25,740
d. $27,260


C

Business

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Commercial online databases are rich sources for obtaining ________

A) primary data B) secondary data C) customer insights D) low-level data E) binary data

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For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliation?

A) Deposit of $250 recorded by the bank as $25 B) Deposit of $25 recorded by the bank as $250 C) Check for $25 recorded in company books as $52 D) Check for $52 recorded in company books as $25

Business

Unrecorded revenues that have been earned but for which cash has not yet been received are ________

a. accrued revenues b. prepaid expenses c. accrued expenses d. unearned revenues

Business

Tightening the connection between what the organization does and what the internal or external customers want is referred to as?

a. Work flow restriction b. Work flow analysis c. Work flow development d. Work flow constriction

Business