Find the amount of external and internal discount

Assignment Help Financial Accounting

Reference no: EM132785931

Question - ABC Inc has a receivable which is 350.000 TL. This receivable will be subject to discount on the interest rate of 28%, when there are 60 days remaining to due date. In this case;

a) Please find the amount of external and internal discount.

b) Please find the sum of difference between the external and internal discount.

Reference no: EM132785931

Questions Cloud

What are some equity considerations : What are some equity considerations? (For example do you think that this tax is fair to everyone? Who is disadvantaged and suffers more by the tax?)

What is value of the bonds to you given yield to maturity : Question - The 8?-year ?$1,000 par bonds of Vail Inc. pay 12 percent interest. What is the value of the bonds to you given the yield to maturity

What is an externality : a) What is an externality? Give one example of a positive and one example of a negative externality. Explain why your examples are externalities.

What is friend opportunity cost of gathering : Suppose you and a friend are stranded on an island and must gather firewood and catch fish to survive. Through experience, you know that if each

Find the amount of external and internal discount : ABC Inc has receivable which is 350.000 TL. This receivable will subject to discount on the interest rate of 28%, Find amount of external and internal discount

Cross-price elasticity : Rank the following in order of increasing (from negative to positive) cross-price elasticity of demand with coffee.

What are the expectations of hospitals : What are the expectations of hospitals regarding Community Benefit Spending as established by policy? What efforts have been taken by states to ensure.

How much will you have at the end of the year : If you invest $1,000 a year for 15 years at 6% annual interest, how much will you have at the end of the 15th year

Determine the equivalent units of production for materials : Determine the equivalent units of production for materials and conversion costs by compiling the "Quantity Schedule and Equivalent Units" portion of the product

User Account

All Pages