User Account

All Pages

How much must the business repay

Assignment Help Accounting Basics
Reference no: EM132725916

Question - Advantage Tennis Coaching in Brisbane offers coaching for junior, elite and mature tennis players. Nicholas Cash, the sole proprietor, has identified that the business cycle will be seasonal, with most activities in the spring and summer months. As a result, Nicholas is predicting net working capital will be negative from the beginning of April to the end of September. Nicholas arranges with his bank for funds to finance net working capital during this period. He requires 180-day money and about $79,000. His bank offers commercial bills at 5 per cent yield, including fees. How much must the business repay?

Reference no: EM132725916

Questions Cloud

Recalculate the company weighted average cost of capital : Recalculate the company's weighted average cost of capital (WACC), using the capital structure suggested by the consultant
Achieve the desired organizational outcomes : "The manager's the most basic responsibility is to focus people towards performance of work activities to achieve the desired organizational outcomes."
Why did you use the decision-making process that you chose : Why did you use the decision-making process that you chose? Was it the right choice?
How might an organizational culture influence the decision : The organizational culture is always very much influencing, how might an organizational culture influence the decision
How much must the business repay : Advantage Tennis Coaching in Brisbane offers coaching for junior, elite and mature tennis players. How much must the business repay
Explain the decision tree : Explain the decision tree. Support your explanation with an example. You need to choose your own 19mm
What does gaap recommend and why : You have recently been hired as the CFO of an organization that changes. What is your reaction to this practice? What does GAAP recommend and why?
How much revenue would be recognized by oriole : Oriole Company sells goods that cost $290,000 to Cheyenne Company, determine when and how much revenue would be recognized by Oriole. Assume IFRS is followed.
How much Alpha Corporation should report : Use this information to determine how much Alpha Corporation should report for 2017 basic earnings (loss) per share for income (loss) from continuing operations

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