Question: NW2 Online feaching and learning from Cargo Chapter 10 - Pre-Chapter Assignmen book Show Me How Proceeds from Notes Payble On September 1, Bela Salon
NW2 Online feaching and learning from Cargo Chapter 10 - Pre-Chapter Assignmen book Show Me How Proceeds from Notes Payble On September 1, Bela Salon Company inued a 120-day note with a face amount of 856,400 to Hottocks Hair Products Company for merchandise inventory. Assume a 360-day year. 2. Determine the proceeds of the note, assuming the note carries an interest rate of 9% Determine the proceeds of the note, assuming the note is discounted at 9
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