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Questions -
Q1) An invoice for $2600.00, dated June 2, with terms 3/10, 1/30, n/60, was received on June 10. What payment must be made on June 11 to reduce the debt to $1250?
a) 1309.50
b) 1300
c) 1299
d) 1359
Q2) In how many months will $3500 grow to $4845.94 at simple interest rate of 7.25% p.a.?
a) 60 months
b) 74 months
c) 64 months
d) 63 months
Q3) CloudTrust Limited has a monthly payroll of $6 million. They choose to make a short-term investment in an account with a simple interest 0.9% rate. At the end of the month, what is the maturity value of the deposit?
a) 6005400
b) 600450
c) 604500
d) 60045000
What should be the balance of the Discount on Notes Payable account on the books of Ivanhoe at December 31, 2021 after adjusting entries are made
Which of the following are business stakeholders? Which The basic financial statements do not include the? income statement. / tax return.
castner coporation is considering implementation of a jit inventory system. the companies industria engineer recently
The loan will be repais with monthly payments over 4 years and interest is 3.8%compounded annually. Calculate the size of the monthly payment
Aug. 1 Issued 10,000 shares of common stock to attorneys in payment of their bill of $30,000 for services provided in helping the company organize.
the following are monthly totals taken from the log of laser printer used by the hardcopy printing international. cost
Define strategic surveillance. How does the nature of strategic surveillance differ from that of premise controls?
The company has Rs. 2 million in sales and its current liabilities are Rs. 1 million. What is the value of company's current assets
safe n bright inc. produces outside doors for installation on homes. the following information was gathered to prepare
Gross Profit Method Each of the following gross profit percentages is expressed in terms of cost.
If the current competitive market exchange rates are 22.49 koruna per dollar and 42.36 baht per? dollar, what is the value of this? deal
May 10: Declared a 10% common stock dividend when market value was $50 per share. Compute the year-end balance of the retained earnings for 2017
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