Question
On June 8, Williams Company issued an $93,600, 10%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of
On June 8, Williams Company issued an $93,600, 10%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? Round your answer to the nearest whole dollar.
A. $93,600 B. $96,720 C. $102,960 D. $9,360
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Monitoring And Auditing Practices For Effective Compliance
Authors: John E. Steiner
2nd Edition
0977843017, 978-0977843015
