What price will a finance company pay

Assignment Help Accounting Basics
Reference no: EM132987842

Question - What price will a finance company pay to a merchant for a conditional sale contract that requires twenty-four monthly payments of $734 beginning in three months? The finance company requires a rate of return of 16% compounded monthly.

Reference no: EM132987842

Questions Cloud

Consumer protection is important issue : Consumer protection is an important issue, but how much responsibility should the government have in protecting the consumer?
How personal and organizational congruencies can help : How personal and organizational congruencies can help a manger become a leader?
How do the differing presentations of self affect the way : How do these differing presentations of self affect the way that people in those environments view you? What do you think would happen
Why are approval decisions made in a split second : Why are approval decisions made in a split second? Would customers tolerate a brief delay in the approval process if it reduced their risk of identity theft?
What price will a finance company pay : What price will a finance company pay to a merchant for a conditional sale contract that requires twenty-four monthly payments of $734
Evaluate the effectiveness of a strategic plan : -Keeping in mind the aspects of planning, leading, organizing, and controlling, explain how you would evaluate the effectiveness of a strategic plan.
What amount will the customer have to pay : If the store charges an interest rate of 72% p.a. What amount will the customer have to pay on September 30 to settle his account
What are the employee duties : What are the employee's duties to his/hers employer?
Prepare a brief detailing the different care setting : Prepare a brief detailing the different care setting and recommending whether this should be a concern or not a concern and provide rationale and evidence

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.

  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!

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