The total amount of the note and interest due on the maturity date of a $8800, 45-day 7%, note receivable is: (Use 360 days a year.)

A. $8184.
B. $8800.
C. $8877.
D. $8723.
E. $9416.


Answer: C

Business

You might also like to view...

You are conducting an evaluation of a safety training program. You are working with your client to determine specific dimensions to investigate. Which ones are appropriate sources that would guide you while selecting dimensions? Please select all that apply.

a. the program stakeholders’ needs b. the program logic model c. the OSHA requirements d. information on how the client wants to use the evaluation findings

Business

A plan that lists the types and amounts of selling expenses expected during the budget period is called a(n):

A. Purchases budget. B. Selling expense budget. C. General and administrative budget. D. Sales budget. E. Capital expenditures budget.

Business

The Excel add-in _____ is used to design a spreadsheet simulation model

a. Analytic Solver Platform b. Goal Seek c. Solver d. GPSS

Business

Differences in the company's cash balance and the bank's cash balance occur because of either timing differences or errors.

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

Business