On March 31, Dower Publishing discounted a $31,000 note at a local bank. The note was dated February 28 and required the payment of the principal amount and interest at 8% on May 31. The bank’s discount rate is 10%. How much cash will Dower receive from the bank on March 31?

Maturity value:

Discount:

Cash Proceeds:

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)

Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect