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Questions -
Q1. How much is the interest that will be paid on a P25,000 loan that was made on May 1, 2002 and repaid on August 1, 2005 with (a) exact simple interest and (b) ordinary simple interest at 8% per year.
Q2. Deposits of P32,000.00, P28,000.00 and P15,000.00 are made in a savings account in the 1st year, 4th year, and 6th year, respectively. Determine the accumulated amount in the account after 7 years if a withdrawal of P10,000.00 and P25,000 was made in the 4th and 6th year, respectively. The applied interest rate is 11% compounded quarterly.
On September 1, Nova Salon Company issued a 120-day note with a face amount. Compute the proceeds of the note, assuming the note carries an interest rate of 8%.
Compare the major sources and uses of cash under investing activities, and under financing activities, for each of the companies. Provide amounts
Prepare the journal entries required on November 1, 2018, the date when Natalie and Curtis transfer the assets of their respective businesses into Cookie
The firm is discussing the construction of a new, automated manufacturing plant. Calculate the POI for the current manufacturing process
Prepare the consolidation worksheet for Crain and Downey
analyze and explain the weaknesses within mf global and how it led to this crisis. make a recommendation as to how
Equipment was acquired on 1 July 2010 for $50,000 by HiLite Ltd. Its life was determined as being: Over what period should HiLite depreciate the equipment
Appearing below is the subsidiary ledger for the public safety department of the City of Boone. After the first month of the year.
What is the difference between expensing assets such as cement, tools, machinery, etc rather than depreciating certain items
What is the impact on the balance sheet and income statement at/during the following dates: A) grant/measurement date; B) vesting period; C) exercise date
Assuming that Oxmoor desires to sell its chairs for cost plus 50 percent of cost, what price should be charged for the chairs produced in January and February?
Prepare journal entries in general journal format to record the share Issue - Call money was received on 19 December except from the holder of 1000 shares
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