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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Magick, Inc. converted a $4,000 account receivable from Ronaldo to a 75-day, 8% note receivable. The maturity value (assume a 360-day year) that will be due from Ronaldo in 75 days (round to nearest dollar) is:
A) $4,000.
B) $4,067.
C) $4,320.
D) some other number.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
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