On October 18, Blue Ridge Corporation accepted a $300,000 non-interest-bearing note from Long Corporation. What is the maturity value of the note? Use ordinary interest.

What will be an ideal response?


$300,000

$300,000; it is a non-interest-bearing note.

Business

You might also like to view...

J.D. Powers' surveys of customer satisfaction are a popular example of syndicated research.

Answer the following statement true (T) or false (F)

Business

Typically, when consumers are in a "passive" shopping mode

A. they are purposefully seeking assistance in order to make informed purchase decisions. B. they seek help from search engines in selecting brands of their choice. C. the information and advice they need to make a purchase comes to them unsolicited. D. they are perpetually in an information processing role. E. they tend to visit the website of a company or brand for product information.

Business

When applying the limitations of the passive activity rules, a taxpayer's AGI is classified into active income, portfolio income and passive income. For this purpose, portfolio income includes dividends, interest, annuities, and royalties.

Answer the following statement true (T) or false (F)

Business

As the traffic intensity approaches 1:

a. there is no waiting b. waiting lines stabilize c. waiting lines grow extremely rapidly d. at least one server will be idle

Business