Verilux Company sold merchandise to Flight Corp on November 1, 2014, 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, 2014 . 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
b
Business
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Your school is implementing a new CRM initiative. Which of the following questions should they ask?
A. What do our investors want and expect? B. How do we centralize control? C. Who are we? D. How do we increase our control for change? E. All of the above
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The assumptions in discriminant analysis are that each of the groups is a sample from a ________ population and all of the populations have the same ________
A) multivariate normal; standard deviation B) multivariate normal; covariance matrix C) multivariate normal; standard error D) multivariate normal; variance
Business