1. math(urgent)

    A 7%,6O day note was discounted at 15 days before the maturity date. If the discount rate was 5.5% and the proceeds received were $ 997,77,find a)the amount of discount that was charged b)the discount date if maturity date of the note is 26 october 1991

    asked by fizz on May 19, 2014
  2. math

    A 7%,6O day note was discounted at 15 days before the maturity date. If the discount rate was 5.5% and the proceeds received were $ 997,77,find a)the amount of discount that was charged b)the discount date if maturity date of the note is 26 october 1991

    asked by fizz on May 17, 2014
  3. math

    Use the ordinary interest method, 360 days, to solve the following word problem. Round to the nearest cent when necessary. Pinnacle Manufacturing received a $40,000 promissory note at 12% simple interest for 95 days from one of its customers. On day 70,

    asked by reva on December 22, 2014
  4. contemporary math

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by Trish on June 21, 2013
  5. math

    A 7%,6O day note was discounted at 15 days before the maturity date. If the discount rate was 5.5% and the proceeds received were $ 997,77,find a)the amount of discount that was charged b)face vaalue what is the formula

    asked by fizz on May 13, 2014
  6. Business Math

    Date of Note March 11, length of note 200 days, Date of discount, June 28. What is the maturity date and the discount period, no leap years, exact days

    asked by Kathy on May 4, 2010
  7. math

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by keionna on June 15, 2013
  8. math

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by keionna on June 17, 2013
  9. Business Math

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by Tee on June 19, 2013
  10. math

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by brad on June 22, 2013
  11. choice

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by d on September 16, 2013
  12. math

    Varsity Press, a publisher of college textbooks, received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers, Reader’s Choice Bookstores. After 20 days, Varsity Press discounted the note at the Grove Isle Bank at a

    asked by Anonymous on December 21, 2013
  13. math

    what is the discount period, bank discount, and proceeds on 25000.00 at 9% for 60 days, date of note is June 8 and date note discounted is July 10?

    asked by Anonymous on October 30, 2011
  14. algebra

    The following note was discounted at 16%. Find (a) the discount period, (b) the discount, and (c) the proceeds. Date loan was made: March 15 Face Value: $6000 Length of Loan: 75 days Rate: 6% Date of Discount: April 5

    asked by Felicia on August 21, 2012
  15. math bus 105

    Calculate (a) interest and maturity value, (b) discount period, (c) bank discount, and (d) proceeds. Assume ordinary interest. (Round answers to nearest hundredths) Date of note Face value Length of note Interest rate Bank discount rate Date of discount

    asked by christina on October 30, 2016
  16. Business Math

    Can someone help me with this problem: On September 5, Sheffield Company discounted at Sunshine Bank a $9,000 (maturity value), 120-day note dated June 5. Sunshine’s discount rate was 9%. (Use Days in a year table.) What proceeds did Sheffield

    asked by marie on April 7, 2014
  17. Discount Note

    On September 5, Sheffield company discounted at sunshine bank a 9000.00 Maturity value, 120-day note dated June 5, shushines discount rate was 9%. What proceeds did sheffield company receive? Use the 360 days

    asked by Scott on March 16, 2008
  18. math(urgent)

    9.A 10%,100-day note was dated 20 september 1992.the maturity value of the note was $3083.33.If the note was discounted on 17 november 1992 at 12%,FIND i) the maturity date of the note = 29 december 1992 ii)the face value of the note $3083.33 =

    asked by fizz on May 17, 2014
  19. math

    9.A 10%,100-day note was dated 20 september 1992.the maturity value of the note was $3083.33.If the note was discounted on 17 november 1992 at 12%,FIND i) the maturity date of the note = 29 december 1992 ii)the face value of the note $3083.33 =

    asked by AMY on May 18, 2014
  20. math

    9.A 10%,100-day note was dated 20 september 1992.the maturity value of the note was $3083.33.If the note was discounted on 17 november 1992 at 12%,FIND i) the maturity date of the note = 29 december 1992 ii)the face value of the note $3083.33 =

    asked by fizz on May 19, 2014
  21. Promissory notes

    Rex corporation accepted a 5000.00, 8%, 120-day dated August 8 from Regis company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 9%. What are the notes Maturity value, Discount Period, and bank discount? What proceeds

    asked by Scott on March 16, 2008
  22. Maths

    Use the United States Rule and/or Banker’s Rule to determine the balance due on the note at the date of maturity. (The effective date is the date the note was written.) Principal - 6000 Rate - 5% Effective Date - May 15 Maturity Date - November 1 Partial

    asked by Kim on March 10, 2008
  23. Business/Finance

    A $120,000, 5% 200-day note dated June 6 is discounted on October 8. The discount period is _______ days. a. 142 b. 67 c. 124 d. 76 C is wrong

    asked by Kat on August 31, 2014
  24. Business Math

    Using the dating method, calculate the discount date and the net date. Unless otherwise specified, the net date is 20 days after the discount date: The date of invoice is April 6th, Terms of sale is 2/10, EOM. What is the Discount date? What is the Net

    asked by Tammy on December 5, 2014
  25. Discount Notes

    On september 5, sheffield company discounted at Sunshine bank a 9000.00 (Maturity Value), 120-day note dated June 5, Shunshine's discount rate was 9% What proceeds did sheffield company receive

    asked by Scott on March 15, 2008
  26. Discount Notes

    On september 5, sheffield company discounted at Sunshine bank a 9000.00 (Maturity Value), 120-day note dated June 5, Shunshine's discount rate was 9% What proceeds did sheffield company receive

    asked by Scott on March 15, 2008
  27. math

    1. A 120-day simple discount promissory note for $12,000 with a simple discount rate of 9% was signed on July 14. It was discounted on August 30 at 9.5%. Find the proceeds at the time of the sale. 2. 8. A $15,000 T-bill is purchased at a 3.85% discount

    asked by Fellippe on September 6, 2012
  28. math/Finance

    I want to know the formula to use 1. A 120-day simple discount promissory note for $12,000 with a simple discount rate of 9% was signed on July 14. It was discounted on August 30 at 9.5%. Find the proceeds at the time of the sale. 2. 8. A $15,000 T-bill is

    asked by Janine on September 6, 2012
  29. math

    Find the maturity value of the undiscounted promissory note that states that Phillip Esterey borrowed $4,000 for a period of 7 months with ordinary interest at 7%. The date of the note was December 17, 2008. The maturity date was July 17.

    asked by Taylor on October 13, 2013
  30. math

    Find the maturity value of the undiscounted promissory note that states that Phillip Esterey borrowed $8,000 for a period of 8 months with ordinary interest at 10%. The date of the note was August 1, 2008. The maturity date was April 1.

    asked by Anoymous on May 20, 2015
  31. Promissory Notes

    On September 5th, Sheffield Company discounted at Sunshine Bank a 9000.00 (maturity value), 120-day note dated June 5th. Sunshine's discount rate was 9%. What proceeds did sheffield company receive. We are using 360 day and NOT 365

    asked by Scott on March 15, 2008
  32. math

    A partial payment is made on the date(s) indicated. Use the United States Rule to determine the balance due on the note at the date of maturity. (The Effective Date is the date the note was written.) Assume the year is not a leap year. P $1900, R 6%,

    asked by Melanie on June 13, 2011
  33. Finance

    Carnation needs to buy a $12,500 part the part company is offering cash discount terms of 4/10, n30. Carnation has a tight cash flow, wants to discount a 180 day note dated February 12 with a maturity value of $10,300. Bank offers a discount rate of 6%.

    asked by becky on June 6, 2012
  34. Promissory Notes

    On september 5 Sheffield company discounted at Sunshine bank a 9000.00 (maturity value), 120-days note dated June 5th. Sunshines discounted rate was 9%. What proceeds did sheffield company receive?

    asked by Scott on March 16, 2008
  35. College Math

    i'm having trouble calculating this. can someone help please? A $7,000, 4%, 120-day note, dated March 20, is discounted on July 15. Assuming a 3% discount rate, the bank discount is: a) $1.74 b) $1.77 c) $7.11 d) $17.68 e) None of these .

    asked by Lisa on November 8, 2012
  36. Maths

    Principal - 6000 Rate - 5% Effective Date - May 15 Maturity Date - November 1 Partial Payment Amount - $1500 Partial Payment Date -August 15 Also Answer the following questions: 1. NUMBER OF DAYS BETWEEN EFFECTIVE DATE AND PARTIAL PAYMENT = 2. INTEREST ON

    asked by Kim on March 10, 2008
  37. Business Math

    Hafers, an electrical supply company, sold $4,800, 12%, 90-day note for a time extension of a bill for goods bought by Ron Prentice. On June 12, Scott discounted the note at Able Bank at 10%. What is the Maturity Value (MV).

    asked by Nancy on November 6, 2012
  38. Promissory Notes

    On September 5, Sheffield Company Discounted at Sunshine Bank a 9000.00 (maturity value), 120-day note dated June 5th Sunshine's discounted rate was 9%. What proceeds did Sheffield Company Receive?

    asked by Scott on March 15, 2008
  39. algebra

    A 120-day simple discount promissory note for $12,000 with a simple discount rate of 9% was signed on July 14. It was discounted on August 30 at 9.5%. Find the proceeds at the time of the sale.

    asked by Felicia on August 21, 2012
  40. math

    From the following information, determine the maturity date of the loan. Enter the full name of the month. (E.g., March) Loan Date Time of Loan (days) Maturity Date February 5 110

    asked by tota on March 20, 2014
  41. help

    From the following information, determine the maturity date of the loan. Enter the full name of the month. (E.g., March) Loan Date Time of Loan (days) Maturity Date February 5 110

    asked by reva on December 21, 2014
  42. math

    Webster Digital received a promissory note of $8,000 for 9 months at 7% simple interest from one of its customers. After 4 months, the note was discounted at Bank of Aventura at a discount rate of 10%. What are the proceeds Webster Digital will receive

    asked by Angie on May 6, 2016
  43. Math

    (Mix and Match) Instructions: choose an item from (a), (b), (c), (d) or (e) that best matches the given problem. Enter your response in the space provided. (a) single equivalent discount (b) amount of discount (c) 3 / 10 , n / 30 (d) 5 / 10 , 3 / 15 , n /

    asked by Anonymous on October 6, 2011
  44. math

    On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Ween. Terms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick’s bank at a discount rate of

    asked by Anonymous on December 22, 2011
  45. Business Finance

    On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Ween. Terms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick's bank at a discount rate of 9%.

    asked by Jessica on May 19, 2012
  46. usiness finance

    On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Wean. Terms of the note were 8% for 120 days. On July 8th, Bob needed to raise cash and discounted the note at Rick’s bank at a discount rate of

    asked by no name on August 31, 2012
  47. Accounting

    On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. Sorry about not being more descriptive. I need to find the maturity date, prepare a journal for it, and then

    asked by Larry on February 27, 2016
  48. Mathematics

    An invoice is dated January 24 with terms 2/10 – 20x. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is 2/23. The net payment date is 3/?.

    asked by Anonymous on March 8, 2012
  49. Math

    On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Ween. Terms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick's bank at a discount rate of 9%.

    asked by Diane on August 5, 2011
  50. finance math

    Schell Publishing received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers. After 20 days, Schell discounted the note at the bank at a discount rate of 14.5%. The note was made on March 21. What amount of interest

    asked by Lynda on December 2, 2013
  51. Finance

    A commercial paper note with a $1 million par value and maturing in 60 days has an expected discount return (DR) at maturity of 6 percent. What was its purchase price? What is this note’s expected coupon-equivalent (investment return) yield (IR)?

    asked by Anonymous on February 16, 2011
  52. Accounting

    On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. I need to find the interest paid on the maturity date, prepare a journal for it, and then make a reversing

    asked by Larry on February 28, 2016
  53. math

    Home health signed a 90,000 note at 11 1/2% simple interest for 180 days for electronic equipment, on October 1. On February 18, the note was sold to another firm at a discount rate of 12 1/2%. Find a) the discount period, b) the discount, and c) the

    asked by Jan on June 7, 2013
  54. Finance Math

    On June 30, 2007, Simon Company discounted a customer’s $180,000, 6-month, and 10 percent note receivable dated April 30, 2007. A discount rate of 12 percent was charged by the bank. Simon’s proceeds from this discounted note would be: Please tell me

    asked by Sparkle on July 9, 2009
  55. Business math

    An invoice is dated January 25 with terms 2/10 -20x. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date.

    asked by Mike on January 31, 2017
  56. Accounting Math

    This is not homework i already got it wrong without an explanation. On June 30, 2007, Simon Company discounted a customer’s $180,000, 6-month, and 10 percent note receivable dated April 30, 2007. A discount rate of 12 percent was charged by the bank.

    asked by Peaches on July 11, 2009
  57. Intermediate Accounting

    A note receivable Mild Max Cycles discounted with recourse was dishonored on its maturity date. Mild Max would debit: A. A loss on dishonored receivable. B. A receivable. C. Dishonored note expense. D. Interest expense.

    asked by Moore on May 11, 2010
  58. Survey of Math 140

    on march 8, you sign a $4000 note with simple interest 10% for 240 days. You make partial payments of $1300 on May 26 and $2300 on july 31. How much will you owe on the date of maturity (November 3)? Please show work!!!

    asked by JrUNCFan on February 16, 2011
  59. Accounting

    On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the maturity date. I need to know the amount of interest on the maturity date, the names of accounts the amount goes under, then I

    asked by Larry on February 28, 2016
  60. math

    what is the bank discount and proceeds on 14000.00 amount due at maturity, Discount rate 3.75% and time of 280 days?

    asked by Anonymous on October 30, 2011
  61. math

    what is the bank discount and proceeds on 20000.00 amount due at maturity, Discount rate 6.25% and time of 180 days?

    asked by Anonymous on October 30, 2011
  62. business math

    Ron Prentice bought goods from Shelly Katz. On May 26, Shelly gave Ron a time extension on his bill by accepting a $3,500, 8.80%, 150-day note. On August 31, Shelly discounted the note at Roseville Bank at 9.80%. (Use Days in a year table.) What proceeds

    asked by kadija on August 18, 2012
  63. business math

    Word Problem 11-17 Hafers, an electrical supply company, sold $3,100 of equipment to Jim Coates Wiring, Inc. Coates signed a promissory note May 12 with 5.50% interest. The due date was August 22. Short of funds, Hafers contacted Charter One Bank on July

    asked by kadija on August 18, 2012
  64. math

    A man makes a simple discount note with a face value of $2,200, a term of 140 days, and a 9% discount rate. Find the discount.

    asked by A on May 16, 2015
  65. Math

    A man makes a simple discount note with a face value of $2,300, a term of 140 days, and a 9% discount rate. Find the discount. (use the banker’s rule.)

    asked by Taylor on October 13, 2013
  66. business math

    Mobilee Oil Company accepted a $10,000, 120-day note, dated March 3, at 8.5% to settle a past due accounts receivable. Mobilee Oil discounted the note to raise cash on May 10 at a discounted rate of 9%. What proceeds did Mobilee Oil receive?

    asked by no name on September 1, 2012
  67. business and finance

    Mobilee Oil Company accepted a $10,000, 120-day note, dated March 3, at 8.5% to settle a past due accounts receivable. Mobilee Oil discounted the note to raise cash on May 10 at a discounted rate of 9%. What proceeds did Mobilee Oil receive?

    asked by maria on August 13, 2012
  68. Business Finance

    Mobile Oil Company accepted a $10,000, 120 day note, dated March 3, at 8.5% to settle a past due accounts receivable. Mobile Oil discounted the note to raise cash on May 10 at a discounted rate of 9%. What proceeds did Mobile Oil receive?

    asked by Terry on February 2, 2012
  69. math

    Israel signed a simple discount promissory note for $15,000. The discount rate is 7.5%, and the term of the note is 120 days. What are Israel’s proceeds on the loan?

    asked by Angie on May 6, 2016
  70. business math

    Israel signed a simple discount promissory note for $15,000. The discount rate is 7.5%, and the term of the note is 120 days. What are Israel’s proceeds on the loan?

    asked by tia on March 2, 2015
  71. business math

    toby signed a simple discount promissory note for $20,000. the discount rate is 8.5%, and the term of the note is 90 days. what are toby's proceeds on the loan?

    asked by Anonymous on December 18, 2014
  72. Promissory notes

    Ron Prentice bought a goods from Shelly Katz. On May 8, Shelly gave Ron a time extension on his bill by accepting a 3000.00, 8%, 180-day note. On August 16, Shelly discounted the note at Roseville Bank at 9%. What proceeds does Shelly Receive? Please use

    asked by Scott on March 16, 2008
  73. algebra

    Mel Sturbridge needs $24,700 to remodel his home. Find the face value of a simple discount note that will provide the $24,700 in proceeds if he plans to repay the note in 180 days and the bank charges an 8% discount rate.

    asked by Felicia on August 21, 2012
  74. math

    A business issued a $9000, 120-day note to a supplier which discounted the note at 9%. The proceeds are:

    asked by roxy on June 24, 2012
  75. Mah

    A business issued a $9000, 120-day note to a supplier which discounted the note at 9%. The proceeds are:

    asked by Alex on July 1, 2012
  76. math

    Christine took out a 150-day loan for $2000 at 12% simple interest. After 60 days, she decided to make an early payment of $1000. What is the balance due on maturity date of the loan? (Round your answer to the nearest penny.)

    asked by steven on August 2, 2016
  77. Accounting

    Hi guys, please help me solve this question. Please tell me how exectly should I solved this question. Thanks. On September 1, 2000, ABC Company received an 7000, 12%, 120 day note from a credit customer wishing to extend its repayment period. On october

    asked by Eric on November 3, 2009
  78. FINANCE

    Many creditors of your firm offer early payment discounts. The accounts payable supervisor does not believe in paying early “as the bank overdraft rate of j12 = 8% pa is more than the average 2% offered for payment within 10 days from date of invoice”.

    asked by Anonymous on March 27, 2014
  79. Math

    The public transportation department measures the distance from a location using displacement vectors. To ride the bus to work for a discounted amount, you have to travel displacement vectors. To ride the bus to work for a discounted amount, you have to

    asked by girly girl on May 9, 2018
  80. algebra

    A local bank lends $12,000 using a 150-day 9% simple interest note that was signed on May 18. The bank later sells the note at a discount of 14% on July 5. Find (a) the discount, (b) the proceeds, and (c) the amount of money the bank gains or loses.

    asked by Felicia on August 21, 2012
  81. business math

    loan made july 15, length of loan 150, date of discount november 20. how many days is the discount period

    asked by Pascal on May 26, 2011
  82. accounting

    Y company offers its customers credit of 2/10,n 30. Most customers take advantage of the cash discount, mailing their payment to arrive on the 10th day following the date of the invoice. However X comany, Y largest customer, has recently begun sending

    asked by natyyyy on April 27, 2011
  83. Business Math

    The proceeds of a $7,500.00, 10% simple discounted note for 85 days is:

    asked by efi on June 22, 2010
  84. Business Math

    The proceeds of a $9,500.00, 10 percent simple discounted note for 95 days is?

    asked by TheRealPrincess on December 15, 2016
  85. Math

    How can I figure the number of days from one date to another? Example: How many days are from June 21 to Sept. 23? I need to do this without using a calendar. The first thing you need to know is the number of days in each month. If you don't know this

    asked by Phillip on September 2, 2005
  86. Math

    During a clothing store's Bargain Days, the regular price for T-shirt is discounted by $5. There is a state sales tax of 5%, and the $5 discount is applied before the sales tax is calculated. A) write an expression that shows the regular price (r) of a

    asked by AllyMag on January 4, 2018
  87. Math

    During a clothing store’s Bargain Days, the regular price for T-shirts is discounted by $5. There is a state sales tax of 5%, and the $5 discount is applied before the sales tax is calculated. Write a rule for the function p(r) that expresses the final

    asked by Panda Baby on October 21, 2018
  88. Logic

    Draw a flowchart for a program that reads a date in an 8-digit sequence (month, day, year) and determines if the date is a valid date. ignore leap year. Assume Feb has 28 days, and establish a table of days in a month so that you can access the appropriate

    asked by Jack on November 4, 2012
  89. Math

    A homeowner empties her hot water heater every 36 days and changes the filter in the heat pump every 48 days. She did both on Friday September 17, 2012. When again will she do both on the same day? (give the day of the week, the date, month, and year)

    asked by Julia on June 17, 2013
  90. Business math

    A $15,000, 6%, 50-day note, dated November 8, is discounted at 5% on November 28. The proceeds of the note would be __________.

    asked by Blndie on January 5, 2013
  91. Math

    Malinda Levi borrows 90 day note. On the 30th day, Malinda pays on the note. If ordinary interest is applied, what is Malinda’s adjusted principal after the partial payment? What is the adjusted balance due at maturity?

    asked by Peter on July 4, 2014
  92. math

    a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate

    asked by Anonymous on April 22, 2017
  93. accounting

    a simple discount note for $6,600 at a ordinary bank discount rate of 8.61% for 60 days. What is the effective interest rate? Round to the nearest tenth of a percent

    asked by Michel on March 18, 2014
  94. Statistics

    Each day a local radio station randomly draws a date (without replacement) from a bowl containing all the days in the year. The first person who calls in with their birthday on the date drawn gets a prize. what is the probability that none of the birthdays

    asked by George on September 14, 2014
  95. business

    Rex Corporation accepted a $5,500, 8.50%, 150-day note dated August 8 from Regis Company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 9.50%.

    asked by leiliana on March 8, 2013
  96. math

    A man has a simple discount note for ​$6,500​ at an ordinary bank discount rate of 8.61 %, for 50 days. What is the effective interest​ rate? Round to the nearest tenth of a percent

    asked by emily on November 7, 2018
  97. Finance

    lisa borrowed $8000.00 on an 8%, 60 day note after 15 days she paid $2000.00 on the note , on day 45 , she paid $1000.00 on the note. What is the total interest and ending balance due by us rule by ordinary interest

    asked by Tim on April 12, 2013
  98. math

    Finney & Company purchased $1,800 of merchandise on 5/6. The terms were 2/15 EOM. The sneakers were received on 5/20, sent FOB Shipping Point. Freight charges amounted to $45. a. What is the discount date? b. What payment must be made by that date to take

    asked by Anonymous on March 1, 2014
  99. Accounting 1

    Red Bank Enterprises was involved in the following transactions during the fiscal year ending October 31: 8/2: Borrowed $75,000 from the Bank of Kingsville by signing a 120-day note. 8/20: Issued a $40,000 note to Harris Motors for the purchase of a

    asked by Megan on March 20, 2013
  100. Bus. Math 123

    Problem: Invoice-Nov. 27. Date goods recvd. ? Terms- 2/10 EOM. Last day of discount- ? Final day bill is due ? Complete above.

    asked by Brian on July 29, 2017