Company A makes a $60,000, 60-day, 12% cash loan to company B. The note and interest to be collected at maturity is: (Use 360 days a year.)
A: $60,000.
B: $1,200.
C: $61,200.
D: $67,200.
A: $60,000.
B: $1,200.
C: $61,200.
D: $67,200.
举一反三
- Ample Company has total assets of $100,000 and total liabilities of $60,000. The company’s equity is() A: $40,000 B: $60,000 C: $100,000 D: $160,000
- A company purchased $1,800 of merchandise on December 5. On December 7, it returned $200 worth of merchandise. On December 8, it paid the balance in full, taking a 2% discount. The amount of the cash paid on December 8 equals: () A: $200. B: $1,564. C: $1,568. D: $1,600.
- ______ production up by 60%, the company has had another excellent year A: As B: For C: With D: Through
- ________ production up by 60%, the company has had another excellent year. A: As B: Fo C: With D: Through
- The Triton Company has working capital of $60,000 and a current ratio of 3 to 1. The amount of current assets is A: $180,000. B: $120,000. C: $90,000. D: $60,000.