How much will Singtel raise from the issue of this bill

Assignment Help Accounting Basics
Reference no: EM133080381

Question -

a. Andrew has purchased goods from a hardware supplier and has been offered trade credit terms of 1/10, n/40. Calculate the opportunity cost of trade credit in this case. Assuming that Andrew can borrower from their bank at a rate of 14%, should they take up the discount?

b. Singtel has decided to issue a $1,000,000 face value 90-day bank accepted bill into the market to fund the purchase of new machinery. The bill has a yield of 7.5% per annum.

How much will Singtel raise from the issue of this bill?

Explain the role of the discounter in the issue of a bank accepted bill?

Reference no: EM133080381

Questions Cloud

How much is the deferral or accrual reported : How much is the deferral or accrual reported in Macaso Company's statement of financial position at December 31, 2021
What does it mean to sever minerals : -What does it mean to "sever" minerals? -What is the AD COELUM DOCTRINE and how does it differ from the RULE OF CAPTURE? Include DETAILS.
Mobile applications vs websites : Compare and Contrast mobile applications vs websites. Discuss different system mobile functionalities. Argue the need for adaptive vs dedicated mobile websites.
Discuss the key figures and the role played by each : -Tell the story of SPINDLETOP. Discuss the key figures and the role played by each. What setbacks or challenges were overcome and what were the results of the S
How much will Singtel raise from the issue of this bill : Singtel has decided to issue a $1,000,000 face value 90-day bank accepted bill into the market to fund, How much will Singtel raise from the issue of this bill
Illustrate the marginal concept : The theory of the profit maximizing firm presented in the lecture notes is designed to illustrate the marginal concept. The theory suggests that firms (includin
Windows is a nash equilibrium : Suppose there are two operating systems: Mac and Windows, and n m u (Fill in the black and show working out):
Which company is at greater risk : If Company A has a projected margin of safety of 22% while Company B has a margin of safety of 52% which company is at greater risk
Competition between providers of coal sourced electricity : More alternative electric energy providers have constructed wind, thermal, solar, and gas turbine power stations in competition with traditional coal fired plan

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.

  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!

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