Multiple Choice
On 1 October 2016,Android Ltd made a loan to one of its customers.The customer signed a 4-month bill for $140,000 at 15%.Calculate the maturity value of the bill.
A) $161,000
B) $133,000
C) $147,000
D) $119,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: Accounts receivable are also known as trade
Q36: Accounts receivable amounts are generally shown on
Q46: On 1 December 2016,Parsons Ltd sold machinery
Q48: The following information is from the
Q50: Which of the following is a disadvantage
Q52: On 1 January,Davidson Services has the
Q53: Which of the following entries would be
Q54: On which of the following dates does
Q56: A company may collect its own receivables
Q76: A debtor is a party to the