Posts Tagged ‘Proceeds’

what are the proceeds of a $9,500 note at a 12% discount rate for 8 months? round your answer to the nearest c?

aliza_jasani: A) $760.00
B) $912.00
C)$5,573.33
D)$8,740.00

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What are the proceeds of a $9,500 note at a 12% discount rate for 8 months?

smartangel: What are the proceeds of a $9,500 note at a 12% discount rate for 8 months? Round your
answer to the nearest cent.
A. $760.00 C. $5,573.33
B. $912.00 D. $8,740.00
When I did I got $760, is this correct?

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Which of the following should be shown on a statement of cash flows under the financing activity section?

bad b: A) The purchase of a long-term investment in the common stock of another company
B) the payment of cash to retire a long-term note
C) the proceeds from the sale of a building
D) The issuance of a long-term note to acquire land

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