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Questions -
Q1. Mr. Dodo wins P600,000.00 in the raffle contest. He decides to invest part of it at 3% compounded semi annually enough to enable him to pay P120,0000.00 domestic loan in 1 year, buy a P23,000.00 tricycle in 2 years and pay tuition fee of his daughter for P1,500.00 in 5 years. The balance was given to charities. How much was given to charitable donations?
Q2. Florence Willow has P100,000.00 at the end of 3 years in her savings account. The interest rate is 24% compounded monthly. How much did she deposit in the account 3 years ago?
Q3. If I want to have P50,000.00 after 28 quarters, how much do I have to invest at 12% compounded quarterly.
Prepare the journal entries to be posted in books of both lessee and lessor in the first year of lease and present extract of the financial statements of two
The principal on Wallace Drucker's savings account is $300. The annual interest rate is 5%. What is the simple interest after six months?
Record: (a) the issuance of the bonds on January 31, (b) the semi-annual interest payment and discount amortization on June 30
What are the next steps in this analysis, now that you've calculated the company's implied Enterprise Value according to the DCF?
Calculate how much accounts receivable, merchandise inventory, total assets, net sales, and cost of goods sold increased or decreased from 2008 to 2009.
At the end of the current year, the accounts receivable account has a debit balance of $851,000 and net sales for the year total $9,650,000.
Prepare the cash budget for Echo Enterprises for the months of January and February 2018, showing the receivables collection schedule separately.
Generate a graph or table showing how the bond's present value changes for semiannually compounded interest rates between 1% and 15%.
Corporation has an operating income of $200,000, pays interest charges of $50,000, and pays dividends of $40,000. The company taxable income is
Using the variable costing method, prepare Vitamin T-Shirts' income statement for the year.
Prepare the trial balance of Oakland Floor Coverings at December 31, 2012 - Oakland Floor Coverings reported the following summarized data at December
terry marks is a well-known architect. he wants to start his own business and convinces rob norris his cousin and a
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