Convert the answer to percentage and round off

Assignment Help Finance Basics
Reference no: EM132459987

If the terms of the sale were 4/12, net 75. What is the nominal rate? That is, compute the APR.

Convert the answer to percentage and round off to two decimal points.

Reference no: EM132459987

Questions Cloud

What is the cash collection for april 2020 : The company's cash collection is as follows: 49% is collected in the same month and the remainder in the next month.
What is the economic order quantity : Fixed costs per order are $933 and carrying cost is $11 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity?
Data Analysis Techniques - Data Exercise : AEE 597 Seminar in Applied Multivariate Data Analysis Techniques - Data Exercise. Test appropriate hypotheses by conducting the appropriate statistical test
Calculate the sum of carrying cost and the shortage cost : Suppose XYZ orders 5,000 units per order from the supplier. Calculate the sum of carrying cost and the shortage cost.
Convert the answer to percentage and round off : If the terms of the sale were 4/12, net 75. What is the nominal rate? That is, compute the APR.
What would be the second year future value : A deposit of $710 earns interest rates of 7 percent in the first year and 10 percent in the second year.
Calculate the initial value of the? transaction : Calculate the initial value of the? transaction, the debit balance?, and the equity position on? Marlene's transaction.
Prepare a speech including any graphics : You need to prepare a speech only including any graphics and bullet points exactly as required - Plan your speech, considering what your introduction.
What is the accounts receivable period : What is the Accounts Receivable Period (AR Period)? That is, what is the Average Collection Period (ACP)?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd