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Problem 1: A person wishes to receive $1000 at the end of each of the next 4 quarters. If the bank account pays 8% per annum compoundable quarterly, how much should the initial deposit be?
Problem 2: Mr. Gates borrowed $5,000 from the bank to repay in 16 monthly installments. If the interest rate is 1.5% per month, determine the amount to be paid each month.
Prepare adjusting entries (hint: when necessary) for Plicta, as of March 31, 20X5. Prepare the necessary closing entries. Use T-accounts to determine the post-closing balances of the accounts. Prepare the post-closing trial balance.
A bond indenture is
Goodard Inc. planned to use? $156 of material per unit but actually used? $141 of material per? unit, Compute the flexible-budget variance for materials
Prepare simple cash book. Cash received from Tanaya 2,000. Cash paid to Manish 3,500. Salary paid 3,000. Cah pad to Rohan 8,000
Conduct of international business transactions. In your opinion, which currency will be the main reserve for international transactions in the future?
Which of the following does not correctly describe the collection of $586 cash when the customer takes advantage of a sales discount?
Explain how the offshore oil platform should be treated in the financial statements of Peppel Corporation for the year ended 31 December 2012.
Determine the net present value for the two machines. Use the table of present values of an annuity of $1 above. Round to the nearest dollar.
Calculate the PV of the future minimum lease payments under each option. (Round factor values to 5 decimal places, e.g. 1.25124 and final answers)
Use the high-low method to estimate the behaviour of CRSL staff cost based on customer numbers within the relevant range. Use an equation to express the results of this estimation method.
A company has 360,000 shares authorized, 200,000 shares issued, and 100,000 shares outstanding. The balance in its Common Stock account is $200,000. The company does a 2-for-1 stock split. What is the par value of its stock after the split?
Find What is payback period and payback reciprocal. The annual cost of operating the old machinery is P138,600, excluding depreciation
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