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On October 17, the company sold office equipment. The company received 135,000 in cash and a100,000, 90-day, 9

1) $135,000
2) $235,000
3) $235,900
4) $235,100

User Lunohodov
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1 Answer

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Final answer:

The question from Business involves calculating the total value received from selling office equipment, combining cash and a 90-day note's value. Without the note's explicit value, we can't answer definitively, yet if the note is worth $100,000, the answer is $235,000.

Step-by-step explanation:

The subject question appears to be a part of a financial accounting exercise, which is related to the domain of Business. The question involves calculating the total value received from selling office equipment, considering both cash and the value of a 90-day note. The correct calculation would sum the cash received with the note's value. Since the value of the note isn't explicitly given in the question, it's assumed to be a part of the options given, which seems to be the missing part of the question. Without the value of the note, we cannot provide a definitive answer. However, if the value of the note is $100,000 as it seems to be implied, then the total value received would be the sum of $135,000 in cash and $100,000 from the note, which equals $235,000. This corresponds to option 2. Note that no interest calculation was required here as the question did not ask for the maturity value of the note but its face value.

User Stevenspiel
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