Bonus MET EQN Problems - Exam 1 - Spring 2024

Class Collaborate-AC-163-44 P x CengageNOWv2| Online teachin X + 2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignments... A Determine the following measures for 2018. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital Г 2,790,000 2. Current ratio 4.1 3. Quick ratio 2.5 4. Accounts receivable turnover 16 5. Days' sales in receivables 22.8 days 6. Inventory turnover 7. Days sales in inventory 8. Debt ratio days % 9. Ratio of liabilities to stockholders' equity 10. Ratio of fixed assets to long-term liabilities 11. Times interest earned times times 12. Times preferred dividends earned Check My Work 8 144 0 P Previous Email Instructor Save and Exr Submit Assignment for Grading pri se…

The two questions at the bottom

https://sfdr.owschools.com/owsoo/studentAssignment/index?eh=65534403 SSIGNMENTS Assignment - 1. Credit Scores and Loans Attempt 1 of 1 COURSES SECTION 3 OF 4 QUESTION 1 4 8 You get a personal loan of $5,000 with 12% simple interest too be paid over 30 months. What is your monthly payment? O $150.00 O $166.67 O $216.67 O $175.00 NEXT QUESTION O ASK FOR HELP TURN IT IN e to search Pause T H K B N M Alt Ct

Question

Hello! This exercise is not graded, I just need to prepare for an exam & I need someone to help me with the formulas. I’m currently doing the odd numbers. Please help me do the even numbers. :( Thank you.

could you please provide written out solutions and explanations

Which one of the following statements is correct if you purchase an item with credit terms of 3/15, net 45? Multiple Choice One-third of your purchase is due in 15 days and the rest is due in 45 days. If you pay within 15 days, you will receive a discount of 3 percent. If you pay within 3 days, you will receive a discount of 15 percent. If you do not pay within 15 days, you will be charged Interest at a rate of 3 percent per month. If you pay 3 percent of your purchases within 15 days, you will have 45 days to pay for the remainder.

MPFM Chapter 14 Quiz Period: 1) The catalog price of an item is $875. The trade-discount rate is 20%. What is the net price? (Lesson 1/2)

Company A 7/8/13/2 Company B 10/6/16/6 a. Calculate the single equivalent discount rate for each company? Note: Do not round intermediate calculations. Round your final answers to the nearest hundredth percent. b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice.

- please answer in excel and show work please The manager of Steve's Audio has approved Daisy's application for 24 months of credit with maximum monthly payments of $65. If the annual percentage rate (APR) is 15.8 percent, what is the maximum initial purchase that Daisy can buy on credit? Multiple Choice $1538.25 $1,330.12 $ 890.99 $980.99 $1, 434.67

Question: A debenture of $100 each is issued at $90 per debenture. How much is the discount? A. $0 B. full C . $10 D. $90

Question 2 Solve the problem. Round to the nearest cent. The list price of a keyboard is $597. If the series discount offered is 10/25/35, what is the net cost after trade discounts OA. $261.93 O B. $335.07 Oc. $179.10 OD. $417.90

1 Start with a Blank Excel Workbook           2 Your data will consist of the information provided below         3 Determine the Monthly Payment using the "PMT" formula       4 Create a detailed amortization schedule for the number of months below     5 Amortization schedule must include Interest calculation and a running balance     6 Create a Payment Dates Balance Lookup that uses the VLOOKUP formula to return the Balance for a given date 7 Extra credit (Use a Drop-Down list to select the Look up Date using "Payment Date" from your amortization scheduled 8 Format your document to only print the summary information without the amortization schedule (print on 1 page)                   Purchase Amount:    $  29,000.00             Down Payment Amount    $    1,000.00             YourName Loan Amount    $  28,000.00     (Summary Information)     Term (months):   36             Interest Rate (APR):   3.50%             Starting Date   12/7/2021…

Practice Final Exam Saved 6 What monthly compounded nominal rate would put you in the same financial position as 6.7% compounded semiannually? (Do not round intermediate calculations and round your final answer to 2 decimal places.) The compounded monthly nominal rate % 01:21:29 Help

Subject: accounting

1. How should the $25 Referral Credit be recorded in Runway’s incomestatement?2. When would Runway record the $25 Referral Credit? What are the journalentries Runway would record when the $25 Referral Credit is earned bythe Existing Customer? What are the journal entries Runway would recordwhen the $25 Referral Credit is redeemed against a $100 purchase madeby the Existing Customer?3. Runway is planning to adopt IFRSs in the near future. What is the relevantaccounting guidance it would follow under IFRSs?

Question A    .How do you calculate the APR given the following parameters: A cash advance on a credit card of $100, with a $5 processing fee up front, and 25% interest on the cash advance balance with monthly compounding. To be paid back over 12 monthly payments of an equal amount as an ordinary annuity.  Full explain this question and text typing work only     We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line

A Moving to another question will save this response. Quèstion 11 A customer's payment plan charges a 12 percent APR and requires monthly payments of $84, How much is the monthly payment if the customer pays at the beginning of each month? O $83.17 O $75.00 O $84.84 O $94.08 O None of the listed choices is correct A Moving to another question will save this response. MacBook Air 888 F4 $ % & 4 5 Q E Y D F G C V B

Please answer quickly and correctly Part c Determine the PW of the constant dollar amounts. $

whats the answer to number 2?

Overview Plans Resources Follow-up and reports 360° reports PFR Final Exam 01-10 11 Question 43 Paying the minimum amount every month on a credit card will Your answer: pay a large percentage of the total amount owed every month make the final amount paid substantlally higher than the amount initlally charged O Help the cardholder create a plan for paying off a credit card in a decent amount of time. Allow the card holder to avoid paying any interest charges. Clear answer Back Next Play Sto

-7 Quiz i Mc Graw Hill Company A 8/10/15/3 Company A Company B a. Calculate the single equivalent discount rate for each company? (Do not round intermediate calculations. Round your final answers to the nearest hundredth percent.) 2 W b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice. S Company B 10/6/16/5 X * Single equivalent discount rate % % O Company A O Company B 3 # E D C C 4 R F G Search or type URL % 5 V T * 00 8 J - M ( 9 K O -O I' P

Hello tutor please help me this question

Type the formulas to calculate the following: In cell B9, calculate the grand total amount owing for all customers. In ce E KBC DFGHJ1 Cost Retail 2 Mussels R12,40 R21, 70 3 Crabs R25, 60 R44,804 Markup % 75,0% 5 Discount % 8,5% EFT 6 VAT % 15 89 Total Sales 10 Cost of Sales 11 Profit or Loss No of 12 Customers No of Crab 13 Customers Sales of Mussel 14 Customers 15 Can

8.2 Exercises Name Date Directions Solve the following problems. Write your answers in the blanks provided. Place commas and dollar signs in answers as needed. A. Find the cash discount amount and the net amount due on these invoices. Assume each invoice is paid within the discount period. Round your answers to the nearest cent. OBJECTIVES 2, 3 Invoice Amount Terms Cash Discount Net Amount Due $623.50 2/10, n/30 1. 2. $4,635.65 3/10, n/60 3. 4. $6,250.81 1/15, n/45 5. 6. B. Determine the cash discount and net amount due on these invoices. Round OBJECTIVES 4, 5 your answers to the nearest cent. Paid Within Invoice Net Discount Returned Shipping Charges Amount Cash Amount Terms Period Merchandise Discount Due $534.78 2/10, n/45 yes none $13.25 7. 8. $638.00 1/10, n/30 $33.50 yes none 9. 10. $213.72 2/10, n/30 $15.50 no none 11. 12. C. Determine the credit given for partial payment, balance due, and cash discount on these invoices. OBJECTIVE 6 Invoice Partial Credit Balance Cash Amount…