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Question 1. An invoice from Delaney Conference Supplies for $837.22 is dated October 22 with terms 3/20, 1/30, n/60. What is the date on which the invoice should be paid to obtain the best discount and how much should be paid?
Question 2. Catherine Gates represents MacDougall's Auto Parts Co. Ltd. She is paid $760 per month plus a 5% commission on all sales over $10,000 basic quota. In July, Catherine's sales for the month totaled $40,000. What were her total earnings?
Question 3. Thunder Hill Ski Club ordered parts for repairs to their snowmaking equipment at a list price of $33,648. The wholesaler allowed a 15% trade discount off the invoice plus a 12% discount for the bulk order. Calculate the final amount of the invoice
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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