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Author Question: Thames, Inc. converted a $4,000 account receivable from Austin to a 75-day, 8% note receivable. The ... (Read 125 times)

fnuegbu

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Thames, Inc. converted a $4,000 account receivable from Austin to a 75-day, 8% note receivable. The maturity value (assume a 360-day year) that will be due from Austin in 75 days is: (Do not round any intermediary calculations. Round your final answer to the nearest cent.)
◦ $4,067.
◦ $67
◦ $4,320.
◦ $4,000.


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Marked as best answer by fnuegbu on Feb 18, 2020

akemokai

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fnuegbu

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Reply 2 on: Feb 18, 2020
Gracias!


tranoy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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