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Business, 30.07.2021 01:00 Jacobstoltzfus

Harmon Sporting Goods received a $60,000, 6-month, 10% note from a customer. Four months after receiving the note, it was discounted at a local bank at a 12% discount rate. The cash proceeds received by Harmon were:

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Harmon Sporting Goods received a $60,000, 6-month, 10% note from a customer. Four months after recei...
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