A Treasury bill is a near-cash asset
Indicate whether the statement is true or false
TRUE
Business
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The maximum end-to-end LAN diameter of 10BaseT Ethernet is ________ meters
A) 2,500 B) 12 C) 25 D) 250
Business
Verilux Company sold merchandise to Flight Corp on November 1, 2016, for $10,000 . Verilux accepted a promissory note from Flight Corp for $10,000 . The note has a term of 5 months and a stated interest rate of 7%. Verilux's accounting period ends on December 31, 2016 . What amount should Verilux recognize as interest revenue on the maturity date of the note?
a. $ -0- b. $ 175.00 c. $ 291.67 d. $ 420.00
Business