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Question - ABC has a major supplier that offers a credit term of 2/15, n/45. Cash not yet used for payments are generally kept in an account that earns ABC 2.5% per year. Use 360 days in a year.
1. Compute the Simple annual effective cost of paying on 45th day instead of the 15th day.
2. Compute the Compounded annual effective cost of paying on 45th day instead of the 15th day.
3. Should ABC pay on the 15th day or 45th day?
Account receivable balance as at 1 January 2013 is RM 43,800. Compute the net profit for the year ended 31 December 2013. Show your complete working
Let's assume the designers have estimated a standard deviation for the pivot functions of 0.019321. What is the process capability
The yield to maturity on these bonds is currently 10 percent. The bonds mature in 5 years, What type of bond it is? What is the annual coupon interest rate
Suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense doubled. How would this change affect Brandywine's net income, total profit margin, and cash flow?
The Candlestick Inc. Issues 100, five-year, 10%, $ 1,000 bonds dated January. What amount of the gain/loss for Candlestick to redeem at the end of third period?
Band aid is canadian controlled private corporation (CCPC). What is the effect of the on mike's taxable income assuming mike wants to minimize taxes?
The following production and total cost information relates to a single product organisation for the last three months: Month Production Total cost units £ 1 1,200 66,600 2 1,900 58,200 3 1,400 68,200
Work in process decreased by $100, and finished goods inventory increased by $500. What was the cost of jobs completed
on january 2 20x1 bruce greene invested 10000 in the stock market and purchased 500 shares of heartland development
Explain how Sloan's negative retained earnings balance is reflected in the consolidated balance sheet immediately following the acquisition
transactions for fixed assets including salethe following transactions adjusting entries and closing entries were
ATO kebede received a salary of ETB 700 during the year January 2005. Calculate Net salary received atokebede
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