In calculating the bank discount when discounting an interest bearing note, which one of the following is not used in calculation? A. Bank discount rate
B. Maturity value
C. Principal proceeds
D. Discount period

Answers

Answer 1
In calculating the bank discount when discounting an interest bearing note, the one that is not used in calculation is: D. Discount period

Here is the equation that used in interest bearing note:
The Principle proceeds + bank discount = Maturity Value

Discount period only determines the amount of time vendor willing to pay for a product in cash.
Answer 2

The correct choice is "C. Principal Proceeds".  This answer is 100% correct


Related Questions

Because it focuses on processes that transform data into useful information, structured analysis is called a(n) ____ technique.

Answers

Because it focuses on processes that transform data into useful information, structured analysis is called a Process centered technique
Process centered technique is a designing methodology that being done by company to determine the best possible User Interface to be provided for the customers

"given an interest rate of 7.15 percent per year, what is the value at year t = 8 of a perpetual stream of $3,513 payments that begin at year t = 20"

Answers

This is a two part question.

First solve for the Present Value of a perpetual stream of $3513 payments, using a discount rate of 7.15%.

This calculation is pretty simple as the formula is:

Payment Amount / Interest rate
3,513÷0.0715=49,132.867132867

Then, since you won't start receiving the annual payments for another 12 years (T=20 vs T=8), you need to discount that figure back another 12 years.

That formula is

PV=FV / (1 + i)^n
PV=49,132.867132867÷(1+0.0715)^(12)
PV=21,451.91 round your answer to get 21452

In order to compute this value, the PMT that is displayed below must first be determined:

[tex]\text{= Payment} \div \text{interest rate}[/tex]  

[tex]= \$3,513 \div 7.15\%\\\\= \frac{\$3,513}{7.15\%}\\\\= \frac{\$3,513 \times 100 }{7.15}\\\\= \frac{\$351,300 }{7.15}\\\\= \$ 49132.86[/tex]

Now the value at year 8 would be  

[tex]= PMT \div (1 + \text{interest rate})^ \text{number of years} \\\\= \$49132.86 \div (1 + 7.15\%)^8\\\\= \$49132.86 \div (1 + \frac{7.15}{100})^8\\\\= \$49132.86 \div ( \frac{100+7.15}{100})^8\\\\= \$49132.86 \div ( \frac{107.15}{100})^8\\\\= \$49132.86 \div ( 1.0715)^8\\\\= \$49132.86 \div 1.7375\\\\= \frac{\$49132.86}{ 1.7375}\\\\=28277.90\\\\[/tex]

So, the value at date is [tex]\bold{\$28277.90 \approx \$28278}[/tex]

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Summit sales corporation orders goods from overstock company. summit plans to market the goods to consumers generally. overstock identifies the goods. before they are shipped to summit, an insurable interest in the goods exists in

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The answer to this question is that Insurable interest in the goods exist in both Summit and Overstock Company, but not to consumers in general. Insurable interest is a concern of a person or a company to have a benefit to obtain insurance to a person or a company against lossess.

Summit Sales Corporation has an insurable interest in the goods ordered from Overstock Company once the goods are identified, as they stand to suffer a loss if the goods are damaged or destroyed before they receive them. Overstock also retains an insurable interest until the goods are delivered because they own the goods until the title is transferred.

In a transaction where the Summit Sales Corporation orders goods from the Overstock Company, the concept of insurable interest is an important principle in business law, particularly in regard to the sale of goods. An insurable interest in the goods exists when a party has a legal or equitable interest in the goods or would suffer a financial loss if the goods were damaged or destroyed.

In this scenario, Summit would have an insurable interest in the goods once Overstock identifies the goods, even before they are shipped to Summit. This is because Summit plans to market these goods to consumers, implying that they have a financial stake in the goods the moment they are specific to the contract. Therefore, Summit would experience a loss if the goods were to be damaged or lost before reaching them.

It is also likely that Overstock retains an insurable interest in the goods until they are delivered, as they own the goods and have not yet transferred title to Summit. Both parties may carry insurance to protect their interests during the period before delivery is completed. The existence of insurable interest is fundamental for the right to procure insurance on the goods.

The pdca cycle is part of _____. deming management applying the rater dimensions management by exception six sigma statistical process control

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The PDCA is part of Deming management. 

PDCA or the plan–do–check–act or plan–do–check–adjust. Is iterative four-stage administration technique utilized as a part of business for the control and constant change of procedures and items. Deming administration proposed thoughts for making associations more responsive, more popularity based, hard information and less inefficient. These incorporated the rule that quality can be enhanced the hard information, utilizing the PDCA cycle.
Final answer:

The PDCA (Plan-Do-Check-Act) cycle is part of the Deming management method, which is used for process improvement and continuous improvement in business management.

Explanation:

The PDCA cycle, which stands for Plan-Do-Check-Act, is a part of the Deming management method. Named for William Edwards Deming, who was a proponent of this method, the process is also referred to as the Deming Wheel or the Deming Cycle. The principle of the PDCA cycle is to plan the actions necessary for process improvement, do or implement these actions, check the results, and act or fine-tune the process based on these results. This cyclical approach to management is a great technique for problem-solving and continuous improvement.

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A student might describe information about the costs of production as
a. dry and technical.
b. boring.
c. crucial to understanding firms and market structures.
d. all of the above could be correct.

Answers

crucial to understanding firms and market structures

A student might describe information about the costs of production as crucial to understanding firms and market structures. Thus, the correct answer is option C.

What is cost of production?

Cost of production refers to all expenses a company incurs when producing a good or providing a service. Along with labor costs, production costs often include supplies and raw materials used during production. It is an important factor in a company's manufacturing or production processes.

When evaluating their financial health, enterprises should take the cost of production into account. The corporation may stop production of a product to stay within budget if the cost of production is routinely higher than the sales it generates.

Therefore, costs of production is crucial for understanding  firms and market structures.

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Ron is a fourteen-year-old. he has an incredible memory which allows him to recall the contents of thousands of books verbatim after reading them just once. given that his iq score is 40 and his adaptive skills are poor, his sister helps him out with almost all the daily activities. ron is most likely to be a __________. savant

Answers

It is likely that Ron is to be described as a savant. The savant is being term or described to those people who are far more capable of doing things than of an average person. They are the individuals who has the capacity of having abilities that are far more normal to the average person. It could be seen above as Ron exhibits an ability that not any person could have, that's why he is referred as a savant.

A business's day-to-day activities are best described as its ________ concerns

Answers

The answer is Operational

Based on the five-factor model, michelle, who exhibits carelessness, negligence, and unreliability, demonstrates a lack of

Answers

Demonstrates a lack of conscientiousness. (conscientious)

what is a major drawback of sole proprietorship?

Answers

Final answer:

The major drawback of a sole proprietorship is the unlimited personal liability involved. The owner is personally responsible for all debts and obligations related to the business. In case the business fails or faces legal issues, the owner's personal assets could be at risk.

Explanation:

In terms of business models, sole proprietorship can present some particular challenges. One major drawback is the unlimited personal liability involved. In a sole proprietorship, there is no legal differentiation between the owner and the business. Therefore, the owner is personally responsible for all debts and obligations related to the business. In case the business fails or faces legal issues, the owner's personal assets (such as home, savings, and car) could be at risk to cover the business' debts and lawsuits. This level of risk associated with a sole proprietorship is significantly higher than other business structures, such as corporations or limited liability companies (LLCs), where business and personal assets are legally separated.

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Final answer:

The major drawback of a sole proprietorship is unlimited liability and competition. The owner's personal assets can be used to cover business debts, and competition may reduce profits possibly leading to business closure. Also, it has fewer funding alternatives.

Explanation:

A major drawback of a sole proprietorship is the owner's unlimited liability. This means that if the business incurs debts or is sued, the owner's personal assets, such as their home and savings, can be used to settle the business's obligations. Another significant drawback is the competition from firms with better or cheaper products which can reduce a sole proprietorship's profits and, in the worst-case scenario, may drive it out of business.

Further, unlike corporations or limited companies, sole proprietors do not have the same ability to raise capital, as they cannot issue shares or bonds. This lack of funding alternatives can limit the growth and expansion of the business. Similarly, in a sole proprietorship, employees potentially face the risk of losing their income or even their jobs if the business fails.

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Which federally supported credit agency was established to trade student loan debt?

Answers

The answer to this question is SALLIE MAE. Sallie Mae or SLM is a consumer banking company. This is formerly known as the Student Loan Marketing Association. It is actually run by the government which provides services for federal education loans. In this federal education loans, this includes the trade of student loan debt. 

To say that the mean salary of a major league baseball player is $3.2 million is to say that

Answers

To say that the mean salary of a major league baseball player is $3.2 million is to say that THE AVERAGE SALARY PAID TO A MAJOR LEAGUE BASEBALL PLAYER IS $3.2 MILLION. The mean salary is normally calculated by finding the summation of all salary in the data set [in this case major league baseball players] and dividing the result by the number of wages in the data set.

Ben wants to file a complaint against a financial service company to report inappropriate use of the money he gave them to invest. With whom should Ben file complaint? Consumer Protection Office police Financial Bureau Consumer Financial Protection Bureau

Answers

In this case, Ben should file complaints to: Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is federal agency of the United States that is created to protect the customers from potential malpractices within the private financial sectors (including companies who offer financial investing services)

Answer: consumer financial protection bureau

Explanation:

Which best describes the purpose of the W-2 Form?
A. It shows how much a person paid in taxes, and how much more is due.B. It shows how much a person earned, and how much was withheld in taxes.C. It shows how much a person earned, and how much tax is to be refunded. D. It shows how much a person paid in taxes, and whether they have a spouse.

Answers

Answer:

B.) It shows how much a person earned, and how much was withheld in taxes.

Explanation:

The form is issued by an employer to its employees and is used to report the employee's wages and the taxes withheld from those wages.

Chovita sports company evaluated a project as a low-risk project. chovita generally evaluates projects that are less risky than average by adjusting its required rate of return by 2 percent. if chovita expects 12% return on average risk projects, then it should expect a return of

Answers

Since the average risk project  is estimated to be a 12% rate of return, then adjusting for a lower risk than average project should expect a rate of return of 2 % less or 10% since in investments the higher risk investments usually get a higher rate of return. 

How do i journalize purchased merchandise on account from galsten co., $360,000, terms n/30?

Answers

To record the purchase of merchandise there are two methods:

1) under Perpetual Inventory System the entry is
Inventory (Dr) 360000
Accounts payable (Cr) 360000

2) under Periodic Inventory System the entry is
Purchase (Dr) 360000
Accounts payable (Cr) 360000

Bitstar global inc. is a soft drink manufacturing company. kelly, the production manager, designs a new work flow for the production unit. she is confident that the new work flow design will help increase the unit's productivity and efficiency. if kelly is at the last stage of analyzing the work flow, she is _____.

Answers

Kelly analysis the workflow of the soft drink manufacturing company, which means that she reviews all processes in the company in order to improve them and improve the business in general : to increase the unit's productivity and efficiency. The workflow analysis consists of 5 phases:1. requirements, 2. analysis, 3. design 4.implementation and 5.test. If Kelly is at the last stage of analyzing the workflow, she is identifying the operating processes that need to be employed in the production of the soft drinks.

A credit report is used to help measure a borrower's:

Answers

A credit report is used to help measure a borrower's CREDIT WORTHINESS. Credit report refers to a detailed report of a person's credit history. It includes information such as identifying information, credit card, prompt payments, late payments, saving balances, bankruptcies, etc. These information are usually collected and used to determine the ability of a loan applicant to repay that loan. 

Kellogg recently dropped olympic swimmer michael phelps as a celebrity endorser. kellogg's decision was based on ___________.

Answers

Negative behaviour involving the celebrity.
Final answer:

Kellogg's decision to drop Michael Phelps was influenced by post-scandal public perception, reflecting the importance of aligning endorsements with corporate values and audience expectations.

Explanation:

Kellogg's decision to drop Olympic swimmer Michael Phelps as a celebrity endorser was largely influenced by the principle that advertisers quickly cancel contracts with famous athletes following a scandal. In such situations, the athlete is no longer associated with positive feelings, making them unfit to serve as an unconditioned stimulus to condition the public to associate their product with a positive response.

This decision reflects the broader context of professional communication and the consequences of failing to account for bias and public perception. It also points towards a shift in corporate responsibility and the importance of aligning celebrity endorsements with the company's values and the expectations of its audience.

Adam is becoming annoyed because his car keeps breaking down, but he doesn't want to have to make payments on a new car. adam is experiencing __________. an avoidance-avoidance conflict. pressure. an approach-avoidance conflict. an approach-approach conflict.

Answers

The answer to this would be the first option: AVOIDANCE-AVOIDANCE CONFLICT. In Psychology, the avoidance-avoidance conflict is a kind of conflict that involves two unwanted goals. In the case of Adam, his car keeps breaking down and this is the first avoidance conflict. He feels ver annoyed every time this happens. On the other hand, he refuses to pay for a new car and this is another avoidance conflict.

Distinguish between the cos of having a basic checking account and an interest-bearing checking account

Answers

Basic Checking account vs interest-bearing checking account.

The main difference of these two accounts is the interest. 

Basic checking account does not earn interest. Regardless of how long the money stays in the bank, whatever amount it is, it is still the same amount. 

Interest-bearing checking account as the name implies earns interest. Sometimes, it must maintain a certain amount for it to earn interest. 

Both accounts may have atm access or online/mobile access aside from its check book. Both accounts may also be subject to penalties if its balances fall below the required minimum maintaining account.  

Why the inflation-unemployment trade-off disappears in the long run?

Answers

Economists say that there are no tradrle-off in unemployment and inflation in the long run. The long run Philips curve explained this relationship. In the natural rate theory the decrease in unemployment would result to increase in inflation. Inflation does not get long enough since the government would have some economic policies, and salary increases to implement so it could help the people. It would result to Philips curve short run. If the natural rate of unemployment and the number of unemployment are the same, it would result to aggravated production which could switch to a long run.

When a country allows trade and becomes an importer of jet skis,
a. domestic producers of jet skis are better off, domestic consumers of jet skis are worse off, and the economic well-being of the country falls.
b. domestic producers of jet skis are worse off, domestic consumers of jet skis are better off, and the economic well-being of the country rises.
c. domestic producers of jet skis are better off, domestic consumers of jet skis are worse off, and the economic well-being of the country rises.
d. domestic producers of jet skis are worse off, domestic consumers of jet skis are better off, and the economic well-being of the country falls?

Answers

The best answer for this question would be:

b. domestic producers of jet skis are worse off, domestic consumers of jet skis are better off, and the economic well-being of the country rises.

Because originally the jet skis came from the country they originated from so the quality is original and more trusted to the consumers. 
Final answer:

When a country becomes an importer of jet skis, domestic producers are worse off but domestic consumers are better off, leading to a rise in the economic well-being of the country.

Explanation:

When a country allows trade and becomes an importer of jet skis, domestic producers of jet skis are worse off, domestic consumers of jet skis are better off, and the economic well-being of the country rises. This is because imported jet skis are usually cheaper than domestically produced ones, so consumers benefit from lower prices. However, domestic producers may struggle to compete with the cheaper imports, which can lead to job losses and reduced profits for them. Despite this, the overall economic well-being of the country can still rise because the benefits to consumers tend to outweigh the negative effects on producers.

Pets store inc sells on terms of 1/15 net 85 what is the effective annyal cost of trade credit under these terms

Answers

The cost of trade credit is the cost that someone will incur had he not taken the discount offered. This is calculated through the equation,

      cost of trade credit = (1 + d/(1 - d))^(365/(Normal days - discount days)) - 1

From the given above it is identified that:

d = discount = 2% = 0.02
normal days = 85
discount days = 15

Substituting,
 
 cost of trade credit = (1 + 0.02/(1 - 0.02))^(365/(85 - 15))  - 1
                                = 0.111

Converting this to percentage will give us a final answer of 11.1%. 

Nature's way, a health food store, has just opened in a popular neighborhood shopping center next to silver's gym, a physical fitness center catering to both men and women. nature's way is relying on which location principle?

Answers

The nature's way is relying on a location principle called retail compatibility. It is where they place their location in a more suitable environment that will fit the category of their business. It could be seen above as because their business is about promoting healthy foods, they are placed near the gym where people in the gym would be attracted to their business.

Pell grants are money given to students attending college. pell grants are most closely similar to

a. property rights assigned to consumers of a good.

b. public provision of a good.

c. vouchers given to consumers of a good.

d. private subsidies given to producers of a good.

e. a subsidy given to the producer of a good.

Answers

It is mostly close and similar to letter c, vouchers given to consumers of a good. It is because in this way, they are able to give discounts to the consumer that are used in exhange of a good which are for free. It is similar in the statement given above as Pell gives money to students who are attending college which is for free in a way that is similar to giving vouchers to consumers for free. Both are free, benefits both parties and does not ask anything in return.

If you wish to determine whether there is evidence that the proportion of items of interest is higher in group 1 than in group​ 2, which test is appropriate to​ use?

Answers

Based on the above scenario,  the z test can be appropriate to be used. A z-test is a factual test used to decide if two populace implies are distinctive when the differences are known and the specimen measure is substantial. The test measurement is expected to have an ordinary dissemination, and irritation parameters, for example, standard deviation ought to be known for an exact z-test to be performed.

Calculate the optional bodily injury cost for the following:

Class: 10

Optional Bodily Injury: 100/300/50

Answers

class 10 (100/300 Bodily) it is $94
Class 10 (property 50M) $135

It's not asking for a total. It's only asking for optional bodily injury, which is $94

Answer:

$94

Explanation:

Please see attachment .

An increase in disposable income will? ______ the supply of loanable funds and the adoption of new technology will? ______ the demand for loanable funds. the equilibrium real interest rate? ______.

Answers

Final answer:

An increase in disposable income will increase the supply of loanable funds, while the adoption of new technology will increase the demand for loanable funds. The equilibrium real interest rate will depend on the magnitude of the changes in the supply and demand for loanable funds.

Explanation:

An increase in disposable income will increase the supply of loanable funds. This is because people will have more money available to save and invest. On the other hand, the adoption of new technology will increase the demand for loanable funds. This is because businesses will need to borrow money to invest in new technology and expand their operations.

As a result, the equilibrium real interest rate will depend on the magnitude of the changes in the supply and demand for loanable funds. If the increase in disposable income and the adoption of new technology both lead to a large increase in the supply and demand for loanable funds, the equilibrium real interest rate could decrease. Conversely, if the changes are smaller, the equilibrium real interest rate could either stay the same or increase.

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Cash flows to stakeholders of a firm include

Answers

Cash flows to stakeholders of a firm include; interest and principle payments.

Which factors affect your choice between claiming itemized deductions and the standard deduction?

Answers

The factors which affect one's choice between claiming itemized or standard deductions include the following: home ownership, ease and simplicity of filling the necessary forms, all through the year record keeping in order to accurately document itemized deductions and planned bunching of deductions. Most people itemize the deductions they can claim and if it makes their tax payments less than the standard payment, then they opt for the itemized deduction.
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