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Question - Rando Manufacturing received an invoice dated Jan 10th. The invoice amount is $35,000 less 25% and 10%, with terms 4/20, n/45.
Required -
a) What date is the cash discount valid until?
b) What date is the credit period valid until?
c) How much will Rando have to pay if it does not take advantage of the cash discount?
d) How much will Rando have to pay if it pays within the cash discount period?
Williams Company purchased a machine costing $34,900 and is depreciating it over a 10-year estimated useful life with a residual value of $3,900.
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Question - Maria wants to raise P54,250 at the end of five years. Find the amount she should invest if money earns 11% simple interest
After how many miles will you need to drive to make the total cost to operate of the two cars the same? For simplicity, you may assume that regular maintenance is the same for the two vehicles
Determine the amount of cash each partner will receive as a liquidating distribution if the decorating equipment is sold for the amount stated
In 2014, Amirante Corporation had pretax financial income of $168,000 and taxable income of $120,000.
Determine the missing amounts. (Round answers for Total Interest to 0 decimal places, e.g. 825. Round annual interest rate to 0 decimal places, e.g. 15%.)
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Security A has an expected rate of return of 18% and beta of 1.5. the market risk premium is 10% and risk-free rate is 5%. the Alpha of the stock is
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