User Account

All Pages

What is the duration of the note in months

Assignment Help Accounting Basics
Reference no: EM131806477

Question - Douglas Company has a $51,000 note that carries an annual interest rate of 10%. If the amount of the total interest on the note is equal to $2,125, then what is the duration of the note in months?

Reference no: EM131806477

Questions Cloud

Calculate accounting break-even and cash break-even points : In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in calculating the cash break-even.
Analyze good health hospitals records : Analyze Good Health Hospital's records and itemize recent nosocomial infections that occurred within the past year.
What marriage date would you recommend for the loving couple : Based only on tax considerations, what marriage date would you recommend for the loving couple? How much would your choice save in taxes
What is unit cost for february in the assembly department : Plastic Molding, Inc.'s costing system utilizes two cost categories; direct materials and conversion costs
What is the duration of the note in months : If the amount of the total interest on the note is equal to $2,125, then what is the duration of the note in months
Find the economic service life of this new machine : A new machine would cost $18,000, have operating costs of $1,000 in the first year, Find the economic service life of this new machine.
Compute the value of this stock with a required return : Compute the value of this stock with a required return of 11.7 percent
What is the interdependence of global communities : What is the interdependence of global communities?
Which battery should Jean buy : Jean believes the batteries can be expected to last only for the guarantee period. She does not want to invest extra money in a battery unless she can expect.

Reviews

Write a Review

Accounting Basics Questions & Answers

  A business manufactures three similar products for eventual

a business manufactures three similar products for eventual sale j k and l. the selling prices are 30 40 and 50

  Calculate the expected real interest rate

If the actual inflation rate is greater than the expected inflation rate, how are borrowers and lenders affected?

  The electric utilities are govt owned and operated due to

scenario company a is a us company with a subsidiary located in country z where various forms of bribery are accepted

  How are the different functions of the sell side versus

How are the different functions of the sell side versus the buy-side manifested through their fee structures?

  Required prepare the companys cash budget for october in

matuseski corporation is preparing its cash budget for october. the budgeted beginning cash balance is 17000. budgeted

  Describe the top three principles of criminal justice

describe the top three principles of criminal justice.explain why these three principles are important to someone in

  Negotiating the price of the sorbet machine

National Restaurant Supply, Inc., sells restaurant equipment and supplies throughout most of the United States. Management is considering adding a machine.

  Granfield company has a piece of manufacturing equipment

The total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is:$17,500 increase$72,400 decrease$14,400 decrease$48,850 increase$17,500 decrease

  Journalize the entries for the given transactions

Sold merchandise for cash, $6,900. The cost of the merchandise sold was $4,830.

  Last year flynn company reported a profit of 66000 when

last year flynn company reported a profit of 66000 when sales totaled 516000 and the contribution margin ratio was 40.

  Determine the appropriate cash flow statement treatment

Determine the appropriate cash flow statement treatment for (1) classification (e.g., operating, investing, financing)

  Comment on the usefulness of revised report

Retrieve a report in the organization that allocates common costs to a division, product, or service. Recast that report with unallocated costs and comment on the usefulness of that revised report.

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