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Problem 1: If Shane will not pay the note in problem 4 when due. What should she pay to cancel the debt on Jan 1,Y+1, if it is agreed that money is worth 7% simple interest after the due date?
Problem 2: What amount of money will Mr. S accepts from the creditor on June 1, Y to settle a debt of 8,500 due on July 1, Y + 5, if the discount rate is 5%?
Problem 3: DRF Financing borrows a certain amount from ABC Bank on Sept 1, Y and signs a promissory note to pay the bank a total of 25,000 at the end of 7 years. The bank sells this note to XYZ Lending on Sept 1, Y+4. If XYZ Corporation insists on discounting the note at the discount rate 5%, what will be the payment of XYZ Lending?
Design a questionnaire, interview a person who is engaged in an informal business to investigate how they operate their business and Use the information gathered to compare and contrast the bookkeeping systems of the informal sector and the formal s..
Demonstrate an understanding of the major differences in reported financial results when using US GAAP vs. IFRS and the impact on analysis.
Octagon Co. appropriately uses the installment sales method of accounting for its installment sales. Prepare journal entries to record the sale, collection, and recognition of gross profit.
On the basis of the information above determine the December 31, 2017: amount of working capital and debt to total assets
1. sharp company produces 8000 parts each year which are used in the production of one of its products. the unit
What is measured by profitability ratios? Give an example of how you compute EPS and discuss how it is used to measure profitability.
fde manufacturing company has a normal plant capacity of 37500 units per month. because of an extra large quantity of
Question - Poul Incorporated's actively managed mutual fund generated a rate of return of 0.18 last year. What is the Poul fund Sharp Ratio
Determine the test statistics and determine the p- value and determine if the evidence support the claim that the mean number of words recalled
When the merchandise manager of Advance Auto Parts took physical inventory of the oil filters on December 31, Calculate the dollar value of the oil filters
Ariana Limited acquired a machine on May 1, 2018 for $60,500. What is the new Depreciation calculation on May 1, 2019? Show all your work.
What is the probability that all three promotions were of males? Show how you calculated that probability.
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