Question: Marigold Graphics accepted a 9%, 90-day note for $31000 from Novak Plastics. What is the total cash to be received on maturity of this note

 Marigold Graphics accepted a 9%, 90-day note for $31000 from Novak

Marigold Graphics accepted a 9%, 90-day note for $31000 from Novak Plastics. What is the total cash to be received on maturity of this note receivable? O $28210.00 O $31688.00 O $33790.00 O $33102.05

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!