Question: Some simple true and false, thank you ! QUESTION 2 The maturity value of a note is equal to the principal amount less the interest
QUESTION 2 The maturity value of a note is equal to the principal amount less the interest due at the maturity date. O True False QUESTION 3 The balance sheet of Rogers Company reports net realizable accounts receivable of $695,500, and allowance for uncollectible accounts of $25,700. Rogers' gross accounts receivable is $721,200. O True O False QUESTION Days' sales in receivables are computed as average net accounts receivables divided by 365 days. True O False QUESTION 5 The acid-test ratio tells whether the entity could pay all its current liabilities if they came due immediately. O True False
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