On august 1 2013 ace corporation accepted a note receivable

Assignment Help Accounting Basics

Reference no: EM13571020

On August 1, 2013, Ace Corporation accepted a note receivable in place of an outstanding accounts receivable in the amount of $123,965. The note is due in 90 days and has an interest rate of 8%. What would be the total amount collected at the maturity date?

Reference no: EM13571020

Questions Cloud

Snoopy co sold equipment to peanut co for a 42000 gain on : peanut company acquired 75 percent of snoopy companys stock at underlying book value on january 1 20x8. at that date

Ssume the real risk-free rate is 3 and inflation is : ssume the real risk-free rate is 3 and inflation is expected to be 2 for the next 3 years. a 3-year security yields

The variable and fixed overhead rates were computed using : nelson co. manufactures a product that requires 3.5 machine hours per unit. the variable and fixed overhead rates were

At the beginning of the current period azim enterprises ltd : at the beginning of the current period azim enterprises ltd. had balances in accounts receivable of 1600000 and in

On august 1 2013 ace corporation accepted a note receivable : on august 1 2013 ace corporation accepted a note receivable in place of an outstanding accounts receivable in the

What is the capital structure of the firm on the basis of : examine the following book-value balance sheet for university products inc. the preferred stock currently sells for 10

Suppose that dow subsequently repurchased 50 million shares : book value of common stockholders equity of dow chemical december 31 2010 figures in billions. common shares 2.5

Assume that naylor company sells the same number of units : naylor company has 210000 of net income in 2013 when the selling price per units was 150 the variable costs per unit

Ezzell corporation issued perpetual preferred stock with a : ezzell corporation issued perpetual preferred stock with a 10 annual dividend. the stock currently yields 8 of par and

Reviews

Write a Review

Required(*) Message

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

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

User Account

All Pages