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2 years ago

The maturity value of a 90-day note for $4,000 with an interest rate of 10 percent is?

Business

1 answer:

Leno4ka [110]2 years ago

8 0

Answer:

maturity value = $4100

Explanation:

given data

time = 90 days = $\frac{90}{360}$

consider 360 days in a year

principal = $4000

interest rate = 10%

to find out

maturity value

solution

first we get here interest amount that is

interest = principal × rate × time .........1

interest = $4000 × 10% × $\frac{90}{360}$

interest = $100

so maturity value will be

maturity value = principal + interest .............2

maturity value = $4000 + $100

maturity value = $4100

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Indicate which of the four perspectives in the balanced scorecard is most likely associated with the objectives that follow.

Musya8 [376]

Answer:

Note: The complete question is attached as picture below

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2 years ago

Sanders, Inc., paid a $4 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo

solong [7]

Answer:

The correct solution is "$42.94".

Explanation:

The given values are:

D0 = 4

Ks = 15%

As we know,

⇒ $g = (1-Div \ payout \ ratio)\times ROE$

$=(1-60 \ percent)\times 13 \ percent$

$=5.20 \ percent$

By using the Gordon Model, we get

⇒ $P0=Do\times \frac{(1+g)}{(Ks-g)}$

$=4\times \frac{ (1+5.20 \ percent)}{(15 \ percent-5.20 \ percent)}$

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1 year ago

The market supply curve Question 16 options: is found by vertically adding the individual supply curves. represents the sum of t

Juli2301 [7.4K]

The market supply curve represents the sum of the quantities supplied by all the sellers at each price of the good.

<h3>What is the market supply curve?</h3>

The market supply curve is the sum of the individual supply curves of firms. The individual supply curves are added horizontally. The supply curve sloped upward. This shows that there is a positive relationship between price and quantity supplied.

To learn more about supply curves, please check: brainly.com/question/26073189

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1 year ago

The amount of a good that must be given up to produce another good is the concept of:

Vesna [10]

E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.

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2 years ago

Which of the following journals would a company use to record cash collections from customers, net of discounts taken?

erastova [34]

Answer:

b. Cash receipts journal.

Explanation:

When cash will be collected from customers net of discounts cash receipts journal will be used.

As at time of sale customers account will be debited and at the time when the payments will be received cash receipts journal will be debited and customer's account will be credited and accordingly, since cash is received and specific it is, General Journal will not be affected, and cash disbursements journal will also not be affected.

Also, as there are no purchases purchase journal will also not be affected, and sales journal will be affected at time of sale but not at he time of receiving payments from customers.

Thus, correct answer is

b. Cash receipts journal.

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2 years ago