A 90-day, 12% note for $20,000, dated April 10, is received from a customer on account. If the note is discounted at 15% on May 20, the days in the discount period are
A) 50
B) 90
C) 120
D) 40
A
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Indicate whether the statement is true or false
All of the following are considered to be controllable marketing variables EXCEPT:
A) competition. B) pricing. C) promotion. D) distribution. E) product.
The accounting principle that assumes that inflation will not take place or will be immaterial is:
a. monetary unit. b. historical cost. c. realization. d. going concern. e. None of the answers are correct.
Identify a moral right from the following options.
A. The right to a chosen health package B. The right to work C. The right to privacy D. The right to equal opportunities at work