2, 69 st dol
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:On June 8, Williams Company issued an $75,972, 6%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note? When
Ⓒ
required, round your answer to the nearest dollar.
O a. $75,972
Ob. $77,491
Oc. $80,530
Od. $4,558
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