User Account

All Pages

What is the balance of the receivables six month after

Assignment Help Accounting Basics
Reference no: EM133089401

Question - LUE COMPANY provide instalment schemes in selling its products in the market thus, recognized its revenue over time. Customers pay on installment basis in an equal 24 monthly amounts, which include 12% interest. What is the balance of the receivables six month after the sale?

a. 75% of the original sales price

b. less than 75% of the original sales price

c. the present value  of the remaining monthly installments discounted at 12%

d. less than the present value of the remaining monthly payments discounted at 12%.

Explain your answer.

Reference no: EM133089401

Questions Cloud

Important in an international trade transaction : (b) Describe the four pillars of trade finance and why they are important in an international trade transaction.
How much should mfc report as net contribution revenue : During 20x4, unrestricted pledges of P800,000 were received, How much should MFC report as net contribution revenue
Research strategies for external validity : What are some plausible research strategies for External validity?
Does trade unions in the caribbean have a future : What are training requirements a modern trade union leader should have in order to manage emerging trends in industrial relations in the Caribbean?
What is the balance of the receivables six month after : LUE COMPANY provide instalment schemes in selling its products in the market thus, What is the balance of the receivables six month after
Recommend a decision based on the use of the optimistic : The best selection of plant size depends on how the marketplace reacts to the new product line. To conduct an analysis, marketing management has decided to view
Business processes in the organization : Use Benetton to explain how ICT supports the business processes in the organization.
Human resources manager assignment-Staffing Function : Share your healthcare setting and selected staffing function of focus. Share why this specific staffing focus area is important to selected healthcare setting.
Basics of socket programming for tcp connections in python : Basics of socket programming for TCP connections in Python: how to create a socket, bind it to a specific address and port, as well as send and receive a HTTP

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.

  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

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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