On 1 October 2016,Android Ltd Made a Loan to One

question 51

Multiple Choice

On 1 October 2016,Android Ltd made a loan to one of its customers.The customer signed a 4-month bill for $140,000 at 15%.Calculate the maturity value of the bill.

• A)$161,000
• B)$133,000
• C)$147,000
• D)$119,000

---

Definitions:

Industry Supply Curve

A graphical representation showing the total quantity of a good that producers within an industry are willing and able to supply at different price levels.

Enter

To participate or become involved in a particular activity or sphere; in business, it may refer to entering a market, indicating the beginning of efforts to compete within a given market area.

Efficient Markets

Markets in which all relevant information is fully and immediately reflected in asset prices, ensuring that securities are always fairly priced.

Profit Opportunities

Situations or conditions that allow businesses or individuals to earn a return on investment above normal expectations.