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Q1) A loan of Php 2,500 is made for a period of 13 months, from January 1 to January 31 the following year, at an interest rate of 5%, compounded quarterly. What future amount is due at the end of the loan period?
Q2) You borrowed a certain amount of money to be paid after some years. If the interest rate is 1.2% compounded biannually, when should you pay the amount such that it's only 50% more than the principal amount?
What interest rate would you need to be earned in order to accumulate a total of $1,000,000 in 30 years, by adding $8,000 annually?
Calculate the size of the month-end deposits. Years months had made regular equal deposits into a savings account at the end of every month
Baltimore Company issued $200,000 face value, Use this information to determine the dollar value of the interest expense for the 2020 calendar year.
If the dividend distributed over the next year is $2.76 per share, what is your percentage gain if you decide to sell all 500 shares after one year at $91
Prepare a budgeted income statement for the month ending September 30, 2013.
If the account pays 7 per cent interest, what amount must you deposit each year? (Do not round intermediate steps. Round your answer to 2 decimal places)
The last deposit of the month, for $867.91, was made as a night deposit on April 30. How do you create bank reconciliation for April
ABC Inc. had current earnings and profits of $50,000 when it distributed to an individual shareholder land that the corporation held as an investment. There were no other transactions that might affect ABC Inc.’s earnings and profits for the year. Wh..
Which portfolio had the highest degree of diversification over the sample period? How is diversification measured in this statistical framework?
Why is calculating the predetermined overhead rate so important? Compute the firm's predetermined overhead rate. What would it mean if you mistakenly used too high a predetermined rate?
Allen Air Lines is now in the terminal year of a project. The equipment originally cost $20 million, of which 80% has been depreciated. Carter can sell the used equipment today to another airline for $5 million, and its tax rate is 40%. Illustrate..
Differentiate between a loss carryback and loss carryforward. Explain the way in which carrybacks and carryforwards affect the reporting of deferred tax assets and deferred tax liabilities. Provide one (1) example, situation, or scenario of this affe..
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