User Account

All Pages

Find the simple discount rate

Assignment Help Accounting Basics
Reference no: EM133069074

Question - Mark availed himself a loan from a rural bank and received P37,150, which is payable after 9 months for P40,000. Find the simple discount rate.

Reference no: EM133069074

Questions Cloud

Equity position after the stock dividend : Suppose that you own 3,400 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $125 per share.
How nurses advocate for patient safety and improved care : Discuss how nurses advocate for patient safety and improved care.
Find the face value of the note proceeds received : If the non-interest bearing note issued was discounted immediately by the bank at 10%, find the face value of the note proceeds received
Operational analysis and quality improve : Describe each of the following five domains of quality improvement in a healthcare environment:
Find the simple discount rate : Mark availed himself a loan from a rural bank and received P37,150, which is payable after 9 months for P40,000. Find the simple discount rate
Calculate the firm cash conversion cycle : Calculate the firm's cash conversion cycle given annual sales are $660,000 and cost of goods represent 80% of sales. Assume a 365-day year.
How much is the money now : Eric deposited P150,000 at 15% compounded quarterly for the college education of his child. How much is the money now if it remained in the bank for 12 years
Evaluate the causes of conflict : Conflicts can arise between shareholders and bondholders. Outline and evaluate the causes of conflict that might arise and suggest possible solutions
Formulate the quoted and effective interest rates : Formulate the quoted and effective interest rates that Bugis Bank should set if it wants to match Raffles Bank, assuming a 5-years horizon period.

Reviews

Write a Review

Accounting Basics Questions & Answers

  With gasoline prices at 300 per gallon consumers are

with gasoline prices at 3.00 per gallon consumers are flocking to purchase hybrid vehicles combination of gasoline and

  Discuss what does training do for an organization

discussion include your ideas about how training supports an organization's strategic goals and objectives. What does training do for an organization

  Find invested in capital assets net of related debt

On the following facts about an Enterprise Fund for a utility operation: Invested in capital assets, net of related debt, would be?

  Which option is the most cost-beneficial

Security breach to 12% and as part of the contract the first 250,000 in losses is covered by the outsourcer. Which option is the most cost-beneficial?

  Find the total deferred tax liability to be reported

Enacted tax rates are 30% in 2021, 25% in 2022 and 2023, and 20% in 2024. Find the total deferred tax liability to be reported

  At what amount should the equipment be capitalized

Sandhill Ltd. purchased some new manufacturing equipment for use in its factory. At what amount should the equipment be capitalized

  Find the amount of operating income earned by Merlene

Actual selling and administrative costs equaled the budgeted amount, Under the variable costing concept, find the amount of operating income earned by Merlene

  What amount of loss on these securities should be included

What amount of loss on these securities should be included in Fay's income statement for the year ended December 31, 2019

  Calculate the overall effects of these transactions

Salaries owed to employees - $900. Calculate the overall effects of these transactions on the store's reported income for 2018

  Perform vertical analysis on the income statements

Perform vertical analysis on the income statements and balance sheet information for fiscal periods 2014 and 2013 - Perform horizontal analysis on the income statements and balance sheet information

  It is found that when a particular 4-sided die is rolled a

it is found that when a particular 4-sided die is rolled a 1 occurs 22.8 of the time a 2 occurs 25.3 of the time a 3

  Develop a series of newspaper ads

For each of the following events, identify whether it is an external event that would be recorded as a transaction (E), an internal event that would be recorded as a transaction (I), or not recorded (NR).

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