User Account

All Pages

Determine the value of the payment

Assignment Help Accounting Basics
Reference no: EM133019711

Question -

Q1. The company "Móvil SAC has a debt, to be paid today, of S /. 9,500, in addition it contracted a loan, 3 months ago, of S /. 13,000 with a rate of 15% capitalizable monthly and with a maturity date within 5 months The company decides, with the financial institution, to modify the original conditions of its debts and they agree to the following: pay S /. 10,000 within 2 months and pay the remainder within 8 months with a TEM of 3.5%. Determine the value of the payment that will be made in month 8.

Q2. The company "Pardos Chicken SA" has a debt, with the North Bank, of $ 42,100 to cancel it within 2 years. At the end of 2 years the company paid $ 25,000 and requested 5 months to pay the rest. The bank accepted the proposal with a TEA of 14.50%. The company did not comply with canceling the new debt in the 5 months, but canceled it after 40 days. Determine the amount to be canceled, if the daily default rate is 0.07%.

Q3. The managers of the company "Alicorp SAC" agreed to buy a Packaging Machine within 1 year; 8 months and 25.5 days, whose value at that time will be S /. 62 990. How much will the company have to deposit to accumulate said amount of money with a simple monthly interest rate of 0.7%?

Reference no: EM133019711

Questions Cloud

What amount should be accrued with respect to the liability : If expropriation is reasonably possible, what amount, if any, should be accrued with respect to the liability
Create a company in canada : In this assignment, you are required to create a company in Canada.
Underlying values of the selected organisation : Select an organization, which is in manufacturing or service sector. Use the selected organization throughout the whole report as a case study.
Investigate and propose a psychiatric diagnosis : Investigate and propose a psychiatric diagnosis based on the case study from the Gorenstein and Comer
Determine the value of the payment : Pay S /. 10,000 within 2 months and pay the remainder within 8 months with a TEM of 3.5%. Determine the value of the payment that will be made in month 8
Do you think the ioc handed the doping scandal appropriate : Do you think Russian athletes should have been allowed to compete at all? Why and why not?
Levels of analysis of the organizational behavior : Explain the three levels of analysis of the organizational behavior regarding the " Fiedler model". How does this model relate to the individual, group, or orga
Strategies for attracting and recruiting candidates : What you learned in this course, the strengths and weaknesses of each process and suggested actions to improve.
Calculate company P-E ratio : All Star Corp.'s stock price at the end of last year was $128.41. The company's earnings per share for the last year were $17.76. Calculate company's P/E ratio

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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