Misk, Inc. received from a customer a one year, $750,000 note bearing annual interest of 9%.
After holding the note for six months, Misk discounted the note at National Bank at an effective interest rate of 12%.
What amount of cash did Mick receive from the bank?
a. $780,713
b. $768,450
c. $700,950
d. $719,400

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.