What is a compensating balance

Assignment Help Finance Basics
Reference no: EM132905665

Question - What is a compensating balance? What effect does a compensating balance requirement have on the effective interest rate on a loan?

Reference no: EM132905665

Questions Cloud

What journal entry to record the transactions will include : The corporation issued 3,000 of its P15-par value shares at P20 per share. The journal entry to record the transactions will include?
What is the expected value of the selection : Kevin is watching an old game show rerun on television called Let's Make a Deal in which the contestant chooses a prize behind one of two curtains. Behind one o
What is the latest date on which payment can be made : The terms of trade as stated on the invoice read "2/10, net 40, May 1 dating." What is the latest date on which payment can be made
What is the nominal interest rate on the loan : What is the nominal interest rate on the loan? The loan will cost 10% simple interest, for 4 months, with a 20% compensating balance.
What is a compensating balance : Question - What is a compensating balance? What effect does a compensating balance requirement have on the effective interest rate on a loan
Prepare the journal entry to record pina colada payroll : Prepare the journal entry to record Pina Colada's payroll-related expenses. Hawaeii Inc.'s weekly payroll of $21,000 included employee income taxes withheld.
What is authentication-authorization and accounting : What is Authentication, authorization and Accounting?Please provide Examples.
What amount of retained earnings will be capitalized : The corporation declared 25,000 shares dividend. What amount of retained earnings will be capitalized as a result of the dividend declaration?
What is the uncollected balances schedule : What is the uncollected balances schedule? What advantages does it have over the DSO and the aging schedule for monitoring receivables

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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