On October 1, 2013, Taurus Corporation lent $50,000 to Tia Ltd. and received a 5%, 6–month note. What is the maturity date of the note?

a. October 31, 2014
b. October 31, 2013
c. March 1, 2013
d. March 31, 2014


d

Business

You might also like to view...

Solve the equation:

A. 4 B. 5.5 C. 12 D. 8.25

Business

Which of the following is an area in which sustainability has an impact?

A. the ability of manufacturer to take into account environmental aspects B. the ability of customer to buy the product C. the ability of customer to return the product D. the ability of manufacturer to increase the price

Business

The group of American consumers born between 1979 and 1994 is often called ________

A) baby busters B) the silent majority C) Generation Y D) tweens E) Generation X

Business

Kaeser Corporation's most recent balance sheet appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets:      Current assets:        Cash and cash equivalents$44 $36   Accounts receivable 54  60   Inventory 32  37 Total current assets 130  133 Property, plant, and equipment 527  460   Less accumulated depreciation 339  289 Net property, plant, and equipment 188  171 Total assets$ 318 $ 304 Liabilities and stockholders' equity:      Current liabilities:        Accounts payable$46 $41   Accrued liabilities 20  17   Income taxes payable 26  29 Total current liabilities 92  87 Bonds payable 145  180 Total liabilities 237  267 Stockholders' equity:        Common stock 31  30  

Retained earnings 50  7 Total stockholders' equity 81  37 Total liabilities and stockholders' equity$ 318 $ 304 The company's net income for the year was $52 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $9. The net cash provided by (used in) investing activities for the year was: A. ($17) B. $67 C. ($67) D. $17

Business