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vivado [14]
3 years ago
7

If the note bears interest at 12%, how many months has it been outstanding?

Business
1 answer:
icang [17]3 years ago
6 0

Answer:

The answer is The enthusiasm of 12% every year levels with a month to month rate of 1%; month to month intrigue is $91 ($9100X 1%). Since aggregate intrigue cost is $91, the note has been exceptional multi month  

Explanation:

Ascertaining interest month-by-month is a fundamental expertise. You'll frequently observe financing costs cited as a yearly rate, yet some of the time it's more useful to know precisely how much that means in dollars and pennies. We usually think as far as month to month costs.  For instance, you have month to month service charges, sustenance costs, or an auto installment. Intrigue is likewise a month to month (if not day by day) occasion, and those repeating interest counts signify huge numbers through the span of a year. Regardless of whether you're paying enthusiasm on an advance or gaining enthusiasm for a bank account, the way toward changing over from a yearly rate to a month to month loan cost is the equivalent.

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g Peng Company is considering an investment expected to generate an average net income after taxes of $2,700 for three years. Th
nikdorinn [45]

Answer:

Net Present value = -$40,221

Explanation:

The net present value is the sum of the discounted cash-flows over the life of the project from t=0 to t=n.

Year  Cash-flow PVIF       Present Value

0           (55,500)   1.0000    (55,500)

1               2,700    0.9091       2,455  

2              2,700    0.8264      2,231  

3              2,700    0.7513       2,029  

3             11,400     0.7513       <u>8,565  </u>

        Net Present value       (40,221)

The salvage value is treated as a cash-flow at the end of year 3 as that's the last year in which the project records a cash inflow. In this question, a negative net present value implies that the project is not profitable, and should therefore not be undertaken.

6 0
3 years ago
Some ratios use information only from the balance sheet for calculation purpose, while some ratios use information from the inco
ELEN [110]

Answer:

Check the explanation

Explanation:

1) Current Ratio = Balance sheet

current ratio uses current assets and current liabilities of the balance sheet to calculate the ratio.

2) Quick Ratio = Balance sheet

Quick Ratio uses Quick assets and current liabilities of Balance sheet

3) Total Assets Turn Over Ratio = Income statement and Balance sheet

Total assets turn over ratio uses Net sales of Income statement and Avg Assets of Balance sheet to calculate the ratio

4) Debt Equity Ratio = Balance sheet

Debt Equity Ratio uses Debt and Equity of Balance sheet to calculate the Ratio

5) Return on Equity = Income statement and Balance sheet

Return on Equity uses Information of Net Income from Income statement and Shareholders Equity from Balance sheet to calculate the ratio.

6 0
3 years ago
A firm that has a database containing consumer purchasing histories that uses the information to create market segments is using
Effectus [21]

Answer:

4. Usage

Explanation:

Market Segmentation refers to segregation of markets into different sectors or sections wherein each sector comprises of buyers with similar traits or patterns.

Market Segmentation of can be done on the basis of location or area which is termed as Geographical, on the basis of age composition or population, which is termed as Demographical, on the basis of perception and psychic of buyers which is termed as Psychographic, on the basis of their buying pattern and usage, which is termed as Behavioral.

The given information corresponds to Behavioral segmentation or usage based segmentation.

5 0
3 years ago
I haven't studied accounting in a well can some one please help me?
docker41 [41]
Bad debt expenses 800
Allowance for doubtful account 800

Allowance for doubtful accounts 60
Accounts receivable 60

Allowance for doubtful accounts 75
Accounts receivable 75

Accounts receivable 45
Allowance for doubtful accounts 45

Allowance for doubtful accounts 100
Accounts receivable 100

Accounts receivable 25
Allowance for doubtful accounts 25

Hope it helps!

3 0
3 years ago
Shlomo Benartzi begins his talk by outlining three things that we as a people are not doing well. What are these three things? D
dalvyx [7]
As far as i remember, those three things are :
- Focus on doing one thing at a time. We tend to do many things all together that make us lost our focus
- Taking small steps in order to change
- SAving up for the benefit of our future

hope this helps
3 0
3 years ago
Read 2 more answers
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