Please answer these questions

41. 42. 43. 45. 46. The interest accrued on $11,500 at 6% for 90 days is: (Use 360 days a year.) a b. c. d. e. $450.00. $371.50. $112.50. $11.25. $1,800.00. A company borrowed $10,000 by signing a 180-day promissory note at 9%. The total interest due on the maturity date is: (Use 360 days a year.) a b. c. d. e. A company borrowed $10,000 by signing a 180-day promissory note at 9%. The maturity value of the note is: $900 $75 $450 $300 $1,800 (Use 360 days a year.) a. $10,450 b. $10,900 c. $10,075 d. $11,800 e. $10,300 The quality of receivables refers to: a b. c. d. e. AAA's accounts receivable turnover was 9.9 for this year and 11.0 for last year. BBB's turnover was 9.3 for this The creditworthiness of sellers. The speed of collection. The likelihood of collection without loss. Sales turnover. The interest rate. year and 9.3 for last year. These results imply that: a b. c. d. e. BBB has the better turnover for both years. AAA has the better turnover for both years. BBB's turnover is improving. AAA's credit policies are too loose. BBB is collecting its receivables more quickly than AAA in both years. The expense recognition (matching) principle, as applied to bad debts, requires: a. rap-99' That expenses be ignored if their effect on the nancial statements is unimportant to users' business decisions. The use of the direct write-off method for bad debts. The use of the allowance method of accounting for bad debts. That bad debts be disclosed in the nancial statements. That bad debts not be written off