What is the maturity value of a 3-month, 14% note for $50,000? (Round your answer to the nearest dollar.)

A) $52,000
B) $57,000
C) $51,750
D) $50,000

C .($50,000 x 14%) x 3/12 = $1,750
$50,000 + $1,750 = $51,750

Business

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Zero Company's standard factory overhead rate is $3.75 per direct labor hour (DLH), calculated at 90% capacity = 900 standard DLHs. In December, the company operated at 80% of capacity, or 800 standard DLHs. Budgeted factory overhead at 80% of capacity is $3,150, of which $1,350 is fixed overhead. For December, the actual factory overhead cost incurred was $3,800 for 840 actual DLHs, of which $1,300 was fixed factory overhead.

What is the fixed overhead production volume variance, to the nearest whole dollar, for Zero Company in December?

Business

Marshall is the purchasing agent for DigitoolArt Corporation. His job requires him to negotiate and execute contracts for purchasing office supplies and equipment for the corporation

Assume that Bronson, a computer salesperson, pays Marshall a $20,000 kickback to purchase from him computers needed by DigitoolArt Corporation. Which of the following duties of loyalty has Marshall breached in this scenario? A) competing with the corporation B) making a secret profit C) self-dealing D) usurping a corporate opportunity

Business