the field detergent company sold merchandise to a customer on june 30, 2024. payment was made in the form of a noninterest-bearing note requiring the customer to pay $85,000 on june 30, 2026. assume that a 10% interest rate properly reflects the time value of money in this situation.

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05-10-2022
Business

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the field detergent company sold merchandise to a customer on june 30, 2024. payment was made in the form of a noninterest-bearing note requiring the customer to pay $85,000 on june 30, 2026. assume that a 10% interest rate properly reflects the time value of money in this situation.

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