If P20,000 is borrowed for 200 days at 12% per annum simple interest. How much will be due at the end of 200 days? O a. P21,323.33 O b. P21,332.33 O c. P21,333.33 O d. P21,233.33
Q: A project requires an initial investment of $100,000 and is expected to produce a cash inflow before…
A: The internal rate of return (IRR) is a financial research indicator used to determine the…
Q: Identify the most relevant transaction for this entry: Assets +300 000 -300 000 0 Owners' Equity O…
A: Accounting Equation :— It is the relationship between assets, liabilities and owner's equity.…
Q: What lump sum do parents need to deposit in an account earning 10%, compounded monthly, so that it…
A: The current value of money that will be received in the future in the form of one or more payments,…
Q: Presented below is information related to Bramble Company at December 31, 2025, the end of its first…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: need correct help with explanation computation formula
A:
Q: The auditor's report is where the auditor certifies that the financial statements present fairly the…
A: Introduction: An auditor's report is a written letter from the auditor in which the auditor…
Q: why we still need forensic accounting?
A: Introduction: Forensic accounting is the support of finance professionals in resolving business…
Q: Small Ltd signed a 3-year contract with Big Ltd for the use of a factory on 1 July 2020 with the…
A: According to ASAB 16 Leases, The Right to use assets is recorded at present value of the lease…
Q: On November 1, 20Y9, Lexi Martin established an interior decorating business, Heritage Designs.…
A: Ledgers Account :— These are the temporary account in which journal entry is posted. Accounts…
Q: In June 20X1. Fred Placement Agency had the following transactions: June 1 Fred invested P60,000 in…
A: First step of double entry accounting is to record journal entries as an when transaction occur.…
Q: 5. Use the following tax table to answer this question: Taxable Income $0- 50,001- 75,001- 100,001-…
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you…
Q: On 1 June 2021, Double Tree Bhd. Issues RM7 million 7% redeemable preference shares at RM1 each,…
A: Preference shares is a portion of capital issued by the company with a fixed rate of dividend.…
Q: Bears, Inc. is considering investing in testing equipment to improve the quality control of its…
A: IRR (Internal Rate of Return) is the rate at which NPV is expected to be zero. This means it…
Q: Question 2 Agency theory concerns itself with relationships where one party (the principal)…
A: INTRODUCTION Agency Theory: The idea of agency theory is utilized to clarify and address issues in…
Q: please explain step-by-step how to calculate an operational budget with the information provided:…
A: Operational Budget: The operational budget of a firm is a thorough prediction of what the company…
Q: Determine the excess of revenues over expenses for November? Can you think of any reason why the…
A: Closing inventory refers to the units of products that remained at a business at the end of the…
Q: ARP/USD .0072 in nominal currency exchange rate terms. I can purchase a Dell laptop for $1,100 in…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Why are closing entries and reversing entries important in accounting?
A: Introduction:- A reversing entry are made at the beginning of an accounting period to reverse of a…
Q: Green Farms also had records
A: Here we will prepare Income Statement of Green Farms in the given…
Q: Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a…
A: The question is based on the concept of Cost Accounting.
Q: Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and…
A: Average Variable Cost per Unit Direct Materials $7.00 Direct Labour $4.50 Variable…
Q: So what about the 180 bags that is sacrificed to fill the special order? Are they considered an…
A: We consider only that cost which impact our decision making or impact the special order. Other cost…
Q: Canine Couture is a specialty dog clothing boutique that sells clothing and clothing accessories for…
A: Operating Income :— Operating income refers to the adjusted revenue of a company after all expenses…
Q: Alex has unexpectedly been made redundant from his job as a gardener and is struggling financially.…
A: Answer:- Individual's self concept meaning:- Self-concept is how someone view his or her actions,…
Q: Direct Computation of Nonoperating Return with Noncontrolling Interest Balance sheets and income…
A: Answer - “Since you have posted a question with multiple sub-parts, we will solve first three…
Q: Prepare the production department's equivalent units of production for direct materials under each…
A: Process costing is the technique of computing costs which is used when the goods to be produced,…
Q: The following events apply to Pearson Service Co. for Year 1, its first year of operation:…
A: Journal Entries - Journal Entries are the form of entering transactions into debit and credit form.…
Q: On January 1, 2021, Casey Corporation exchanged $3,300,000 cash for 100 percent of the outstanding…
A: A financial statement that displays the financial standing of a parent firm and its subsidiary…
Q: Fields Company has two manufacturing departments, forming and painting. The company uses the…
A: The equivalent units are calculated on the basis of the percentage of the work completed during the…
Q: Required information [The following information applies to the questions displayed below.] Martinez…
A: The costs incurred during the production and Selling the product are classified as variable and…
Q: Partners W, X, Y, and Z form the Ace partnership, contributing the following: W Y Interest X 40% Z…
A: Solution A partnership is a form of business in which two or more partners are agree to share profit…
Q: Department S had 500 units 70% completed in process at the beginning of the period, 8,600 units…
A: Introduction: Equivalent units of production are the work-in-process inventory at the end of an…
Q: Sept. 7 10 1 Snare invested cash amounting to P 550,000 and furniture worth P85,000. 3 12 16 17 2 19…
A: Trial Balance Particulars Debit Credit Cash 5,95,900 Furniture…
Q: Magio Company manufactures kitchen equipment used in hospitals. They distribute their products…
A: Balance Sheet: The balance sheet is a summary of Assets, liabilities and equity accounts that…
Q: Estimate Uncollectible Accounts For several years, EquiPrime Co.'s sales have been on a "cash only"…
A: Allowance for Doubtful Account :— An allowance for doubtful accounts is considered a contra asset…
Q: I got requirements 1-3 correc
A: The forecast may also be done about the cash balance in hand the organization forecasts to keep and…
Q: Mr Stephen Ncube is a resident of Zambia. The following detail relate to his employment in the tax…
A: Using the submitted data, Stephen Ncube has a tax due for the year ending 31 December 2020 which…
Q: Which journal entries are correct to revalue the asset in accordance with AASB 116 Property, Plant…
A: Revaluation is the valuation which is made by the company usually on the assets which makes the…
Q: 7. If the company will use 230 hours labor hours in July, what would be the total predicted cost of…
A: The solution has been provided for the questions which have been asked by the student which are the…
Q: The following accounts are from Mookie the Beagle Concierge’s Chart of Account. For each account,…
A: In accounting and recording, several account types are used. These are assets, liabilities, equity,…
Q: Identify and define the two major types of controls in an accounting information system.
A: Accounting Controls Accounting controls are the policies and procedures that a company adopts to…
Q: The AAA Division has permanent current assets of P50,000 and operating non-current assets of…
A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…
Q: 5.1 Calculate: 5.1.1 Cost of the inventory destroyed in the fire. (5) 5.1.2 The amount to be claimed…
A: Amount of COGS = Amount of sales - Gross profit 240,000 = [240,000 X 33.33 / 133.33]…
Q: Pack-and-Send, Inc. expects to have free cash flow of $6.5 million next year and this cash flow will…
A: The debt-equity ratio is the ratio of the total long term debt and equity capital in the business is…
Q: Question 18 of 30. Distributable net income (excluding tax-exempt ir Serves as the upper limit on…
A: Distributable Net Income The amount of a trust's income allocated to the beneficiaries is known as…
Q: Differentiate between various forms of bankruptcy and restructuring that the clients should…
A: Comment- We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Accounting During 2021, B&C owed the following assets. B&C sold the land, office building, and…
A: HY convention of dep menas when an asset is purcased in between of…
Q: Ltd was registered on 1 January 2021 with an authorized share capital of 1,000,000 shares at a par…
A: The journal entries are prepared to record the transactions on the regular basis. The shares are…
Q: Your company is looking at purchasing a front-end loader and has narrowed the choice down to two…
A: The 2 alternatives have varying useful lives. Hence for a proper comparison, equivalent annual NPV…
Q: Obj. 3 The balance in the unearned fees account, before adjustment at the end of the year, is…
A: Unearned fees is the amount which is received in advance by an entity and the same is yet to be…
Step by step
Solved in 3 steps
- 12.) Find the simple interest on a loan of P65,000.00 if the loan is given at a rate of 8% and is due in 6 years and 3 months. A. $3,250.00 C. P32,500.00 B. P31,200.00 D. P46,800.00P10,000 IS BORROWED FOR 75 DAYS AT 20% PER ANNUM SIMPLE INTEREST. HOW MUCH WILL BE DUE AT THE END OF 75 DAY O a. P11,416.67 O b. P10,416.67 О с. P10,461.67 O d. P10,146.6722. A business loan worth P150,000 is to repay in quarterly installment for 2 years. How much is the quarterly payment if money is worth 7% converted quarterly? A. P35,500 В. Р37,500 С. Р38,500 D. P39,50
- What is the equivalent present value of the following series of payments: ₱ 5,000 the first year, ₱ 5,500 the second year, and ₱ 6,000 the third year? The interest rate is 8%, compounded annually. a. ₱ 15,904.22 b. ₱ 13,590.43 c. ₱ 12,573.90 d. ₱ 14,107.99If you deposit RM25,000 in an account earning an interest of 15% per annum, how much would you have in the account after 10 years? А. RM 92,890 В. RM 125,789 C. RM 168,980 D. RM 101,14049) Find the interest on P5000 at 7% for 3 years. A. P11,666.67 B. P10,500 C. P2,142.86 D. P1,050 50) How much was borrowed if the interest at 12% after 4 years is P6,000? A. P12,500 B. P18,000 C. P20,000 D. P2000,000
- 2. It is desired to have P200,000 two years from now by depositing an initial amount P, plus P50,00 on the 6th month and another P50,000 after 1 year. What would that initial amount be if interest rate is 12% pa compounded monthly? O P57,060.33 O P 69,277.10 O P 66,038.51 O P61,990.42What is the present value annuity due of RM2,000 with a 10 percent discount rate for 10 years? Select one: a. RM13,518.12 b. RM27,126.590 c. RM18,318.345 d. RM14,093.15What is the future value annuity due of RM34,560 for the next 10 years with a discount rate of 12%? Select one: a. RM413,790.456 b. RM679,233.945 c. RM413,090.678 d. RM415,879.901
- How much would $5,000 due in 10 years be worth today if the discount rate were 5.5%? a. $2,722.25 b. $3,395.50 c. $3,102.78 d. $2,575.89 e. $2,927.15What is the PV of an ordinary annuity with 10 payments of $7,900 if the appropriate interest rate is 5.5%? a. $59,547.24 b. $47,637.80 c. $55,378.94 d. $57,760.83 e. $48,233.27You want to buy a new sports car 3 years from now, and you plan to save $9,100 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now? a. $34,205.61 b. $31,331.18 c. $33,630.72 d. $28,744.21 e. $23,282.81You plan to invest in bonds that pay 6.0%, compounded annually. If you invest $10,000 today, how many years will it take for your investment to grow to $45,000? a. 31 years b. 32 years c. 30 years d. 19 years e. 26…[2P2] Directions: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P180,000 due now if the interest rate is 18.48% compounded every 2 months? a. Kind of annuity: b. Computation:What’s the present value of a perpetuity that pays Php250 per year if the appropriate interest rate is 4.76%? A. Php4,750 B. Php5,000 C. Php5,250 D. Php5,513 E.Php5,788