subject
Business, 05.05.2020 08:13 joshuag5365

On 1/1/19, Lantana Loan Co., a calendar minus year company, accepts a 4%, $ 500 comma 000 three minus year loan that pays interest semiminusannually on 6/30 and 12/31 from Diamond Distributors, when the market rate of interest was 6%. In exchange for the note, Diamond agrees to make semiminusannual interest payments and repay the full $ 500 comma 000 at maturity. How much cash will Diamond receive in exchange for this note

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:20
The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?
Answers: 3
question
Business, 22.06.2019 08:50
Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize
Answers: 3
question
Business, 22.06.2019 10:30
When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?
Answers: 2
question
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
You know the right answer?
On 1/1/19, Lantana Loan Co., a calendar minus year company, accepts a 4%, $ 500 comma 000 three minu...
Questions
question
History, 21.02.2020 19:28
question
Chemistry, 21.02.2020 19:29
question
Spanish, 21.02.2020 19:30
Questions on the website: 13722362