Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - At year-end, GHI Co. received two P1,000,000 notes receivable from customers in exchange for services rendered. On both notes, interest is calculated on the outstanding principal balance at the annual rate of 3% and payable at maturity. The note from XXX Corp., made under customary trade terms, is due in nine months and the note from UUU Company is due in five years. The market interest rate for similar notes was 8%. The present value of 1 due in nine months is 0.944 and the present value of 1 due in five years is 0.68. The present value of annuity of 1 at 8% for five year is 3.9927. At what amount should the note receivable from XXX Corp. be reported at year-end?
definition of primary and secondary market and identification of their role in finance.define the following terms and
During July, the company purchases and uses 3,800 pounds of materials costing $19,570 in making 1,530 units of finished product. Compute the total, price, and quantity materials variances.
The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of Marriott International Inc. for the 2008 fiscal year. (Certain amounts have been replaced with question marks to test your under- standing of bala..
Calculate the interest expense reported in each of the first three years of the bond's life. Why is there interest expense if there is no cash paid?
Determine net sales for October 2012 and evaluate gross profit for October 2012
What is the project NPV if the interest rate 6%? Round to two decimal places. A project has the following cash flow($500), $140.00
Determine Yield to Maturity for Annual Payments. Wilson Corporation's bonds have 7 years remaining to maturity. Interest is paid annually, the bonds
The average annual T-bill yield during the same period was 5.6 percent. What was the market risk premium during these 10 years?
The following merchandise transactions occurred during December for two different companies: Rippen and Burnen. Both companies use a perpetual inventory system. What is the amount of net sales to be reported on Rippen Corporation's income statement?
question 1. which statement is false?a. stock basis may not go below zerob. aaa may not go below zeroc.losses are
Kudej Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance reports. The cost formula for wages and salaries is $8,360 per month plus $570 per press run plus $910 per book set-up. The..
What is the correct classification of the lease for the lessee and lessor? Explain whether the lease meets each of the required criteria. Assuming that the lease is signed on January 1, 2007, prepare all journal entries for 2007 for the lessor.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd