On June 8, Williams Company issued an $80,000, 5%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note?
a. $82,600
b. $84,000
c. $81,333
d. $88,200
c
Business
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A) Status hierarchy B) Occupational prestige C) Social prestige D) Social class
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The modified cash basis of accounting is usually used by small, professional service businesses
Indicate whether the statement is true or false
Business
Product liability is an area of torts in which the U.S. courts can make large awards, unlike in other countries.
Answer the following statement true (T) or false (F)
Business
The particular strategy of trying to offset stable inflows of cash from one country with outflows of cash in the same currency is known as:
A) hedging. B) diversification. C) matching. D) balancing.
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