User Account

All Pages

What was the cost of carry over the days

Assignment Help Financial Accounting
Reference no: EM133186717

Question - A treasurer invested $800,000 for a year, earning interest at the rate of 2.5% per annum, and borrowed $500,000 for 75 days, at the rate of 4.75% per annum. What was the cost of carry over the 75 days?

Reference no: EM133186717

Questions Cloud

Calculate the cost recorded for this machine : During installation, the machine was damaged and $185 worth of repairs were made. Calculate the cost recorded for this machine
COMP2001 Network Management Assignment : COMP2001 Network Management Assignment Help and Solution, Southern Cross University - Assessment Writing Service
Explain sunk cost and opportunity cost : Explain sunk cost, opportunity cost, and accounting cost, and provide three examples of each. Explain the differences between fixed and variable costs
Families support around ending poverty : I need to know if there are any programs in the DC area that offer families support around ending poverty?
What was the cost of carry over the days : Question - A treasurer invested $800,000 for a year, earning interest at the rate of 2.5% per annum, What was the cost of carry over the 75 days
What is the firm times interest earned ratio : The firm has a single issue of debt outstanding with book value of $1.07 million on which it pays an interest rate of 9%. What is the firm's times interest
Mergers and acquisitions are capital budgeting techniques : Mergers and acquisitions are capital budgeting techniques. This technique is a managerial expansion decision to increase assets drawing a cash benefit.
Can henry file in a civil lawsuit in federal court : Can Henry file in a civil lawsuit in federal court against Blender Manufacturing Inc.? Why or why not
What is the correct amount of year end balance : This error will not make the year end trial balance or the balance sheet out of balance. What is the correct amount of year end balance of the supplies account

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare the pre-consolidation financial statements

Using the consolidation worksheet, prepare the PRE-CONSOLIDATION financial statements for the year ended December 31, 2021

  Calculate the sunk cost of the project

Calculate the sunk cost of the project. Madetaylor Inc. manufactures financial calculators. The company is deciding whether to introduce a new calculator.

  How much is the annual cost of inventory

Scouts Corp. projects its sales to be 1,000 units this year. Every time Scouts Corp. makes an order, P10 is incurred. How much is the annual cost of inventory

  What accounting equation for a trustee in bankruptcy

What accounting equation for a trustee in bankruptcy liquidation is? Assets equals liabilities plus owner's equity. / Assets equal accountability

  What is the firms current weighted average cost of capital

What is the firms current weighted average cost of capital? Assume that management of Terek, which is very conservative, is condidering doing an equity-for-debt

  What was the company total debt to total capital ratio

New common stock was issued during the year. If its year-end total debt was $120 million, what was the company's total debt to total capital ratio?

  What balance would jaynes investment in aaron co account

What balance would Jaynes' Investment in Aaron Co. account have shown on December 31, 2010, when the equity method was applied for this acquisition?

  What is the cost of goods sold for August

Inventory at the beginning of each month is 30% of cost of goods sold for that month. What is the cost of goods sold for August

  What is the amount of gross income from these items

Janice received $60,000 compensation from her employer, the value of her stock in ABC company appreciated by $5,000 during the year (but she did not sell any of the stock), and she received $30,000 of life insurance proceeds from the death of her hus..

  What is the difference in total interest payments

What is the difference in total interest payments between the two alternative payment methods? Hint: The total of payments for Option Two

  Discuss when an entity should conduct impairment testing

Explain what an impairment test is and whether it is relevant to the revaluation model. Discuss when an entity should conduct impairment testing.

  What is the real rate of return for a t-bill

US government T-bills had the nominal rates of return of 5.03 percent. What is the real rate of return for a T-bill

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