FIN 251 Ch

File Home Insert Draw Page Layout Formulas Data Review View Help Editing Arial V 10 Merge Currency ... B8 fx A 1. Amortization schedule 2. 3. Loan amount to be repaid (PV) $30,000.00 Interest rate (r) 4. Length of loan (in years) 8.00% 6. 7. a. Setting up amortization table Formula 8. Calculation of loan payment #N/A 6. Repayment of Principal 10 Year Beginning Balance Payment Interest Remaining Balance 11 1 12 13 3 14 15 b. Calculating % of Payment Representing Interest and Principal for Each Year Payment % Representing Payment % Representing Principal Check: Total = 16 Year Interest 100% 17 1 18 19 20 21 Formulas = A Sheet1 Calculation Mode: Automatic Workbook Statistics LL 2 3

69 FL %24 E ezto.mheducation.com/ext/map/index.html?_con=con&external_browser3D0&launchUrl=https%253A%252E Quiz: Accounting for Current Liabi. A Saved Help Save & E Chec i Required information Short-term notes payable are current liabilities; most bear interest. When a short-term note's face value equals the amount borrowed, it identifies a rate of interest to be paid at maturity. Promissory Note k Sept. 30 Face Value Date Sixty days after date, I promise to pay to the order of National Bank Boston, MA Two Thousand and no /100 Dollars 70C F 9. II F3 F4 F5 F7 F8 F12 Finder LL // DDI ) 2 3. 6 K B. W N

Chap 11. Q.3

apter 4 1 nts eBook Hint Print eferences ic raw ill Solve for the unknown interest rate in each of the following. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) @ 2 Present Value $ 340 460 49,000 48,261 3 Years 80 F3 5: 19 20 30 Interest Rate $ F4 % Future Value $ GA % 465 1,752 303,726 1,485,098 9 F5 Prev ******* 1 of 5 MacBook Air s & Next > ********** 38 C

Chap 9 Q.2

5 6 7 8 9 June 30, 2024 June 30, 2024 June 30, 2024 Interest expense Notes payable Interest rate swap Cash Interest expense Interest expense Notes payable September 30, 202 Notes payable Interest expense September 30, 202 Cash Interest rate swap 33 33 33 ›› 6,750 X 5,739 43,172 X 2,700 1,946 X 670 X 5,739 43,172 X 2,700 1,946

A 1 Credit Card Balance 2 3 4 Prime Rate APR 5 6 7 8 9 10 11 12 14.75% 15.24% 16.33% 17.24% 17.99% 18.25% 19.77% 20.22% $ B 15,000.00 VBA Function to Calculate Monthly Interest Payment C

F16 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 Loan Amount 3 Annual Interest Rate 4 #times per year interest accrued 5 Periodic Rate 6 Term (years) 7 #payments per year 8 Number of payments 9 Balloon (balance after final payment) 10 Points paid at origination to get loan 11 12 32 33 34 35 36 37 38 39 40 DA Home Insert Cut Copy Format 41 42 Paste 43 44 ▾ Ready Sheet1 ✓ fx A Page Layout Calibri (Body) ▼ 11 BIU Sheet2 ▼ Formulas + B $1,000,000.00 7.66% 12 0.64% 30 12 360 Data A- A ▾ C Review View $0.00 AKA "Fully Amortizing" 1.50% t D 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 22 EE E Wrap Text + Merge & Center ▾ Balance in (t): B_(t) $1,000,000.00 F X Project Custom Interest in (t+1): (i/m)*B_t $6,383.33 % % > G +.0 .00 Payment in (t+1) $7,102.03 .00 ➡.0 Conditional Format Formatting as Table H Balance in (t+1): B_(t+1) $999,281.30 $0.00 I Cell Styles J H Insert X H Delete K Format Principal paid in (t+1)(=PMT-INT) 圓 Q Search…

Chapter 5 Question 55 Input area: Loan amount Interest rate Loan term Output area: Loan payment 58,500 $13,887.69 Year Beginning balance 1 $ 58,500.00 2 3 4 5 6% 5 Total interest paid over life of loan Total payment Interest paid Principal paid Ending balance 48,122.31 3,510.00 $10,377.69 $ $ 13,887.69 $

25. Salaries and Wages Expense account was debited Increased Decreased Lesson 3 Preparation of the Trial Balance EXTEND Lampad,alin gake 3-4 Pm Name: Time: The following problem is a continuation to Lesson 2. Use your solutions to made in Lesson 2. Do requirement no. 3 for this lesson: John Karlo Dalangin, a dentist, established Dalagan Clinic. The following transactions occurred during June of this year: a. Dalangin deposited P280,000 in a bank account in the name of the business. b. Bought a 3-in-1 office equipment from Pitular Equipment for P4,950 paying P1,000 in cash and the balance on account. c. Bought waiting room chairs and a table, paying cash, P12,300. d. Bought office intercom on account from NE office Supply, P2,750. e. Received and paid the telephone bill, P1,080. f. Performed professional services on account, P12,940. g. Received and paid the electric bill, P1,850. h. Received and paid the bill for the Regional Dental Convention, P3,500. i. Performed professional…

5. Find all four payments

1 2 3 4 5 7 8 9 10 11 12 13 14 15 Single Payment Compound Amount Factor To Find F Given P FIP 1.1200 1.2544 1.4049 1.5735 1.7623 1.9738 2.2107 2.4760 2.7731 3.1058 3.4785 3.8960 Discrete Compounding; /= 12% 4.3635 4.8871 5 4736 Present Worth Factor To Find P Given F PIF 0.8929 0.7972 0.7118 0.6355 0.5674 0.5066 0.4523 0.4039 0.3606 0.3220 0.2875 0.2567 0.2292 0.2046 0 1827 Uniform Series Compound Amount Present Factor To Find F Given A FIA 1.0000 2.1200 3.3744 4.7793 6.3528 8.1152 10.0890 12.2997 14.7757 17.5487 20.6546 24.1331 28.0291 32.3926 37 2797 Worth Factor To Find P Given A ΡΙΑ 0.8929 1.6901 2.4018 3.0373 3.6048 4.1114 4.5638 4.9676 5.3282 5.6502 5.9377 6.1944 6.4235 6.6282 6.8109 Sinking Fund Factor To Find A Given F AIF 1.0000 0.4717 0.2963 0.2092 0.1574 0.1232 0.0991 0.0813 0.0677 0.0570 0.0484 0.0414 0.0357 0.0309 0.0268 Capital Recovery Factor To Find A Given P AIP 1.1200 0.5917 0.4163 0.3292 0.2774 0.2432 0.2191 0.2013 0.1877 0.1770 0.1684 0.1614 0.1557 0.1509 0 1468

E My Home CengageNOWv2 | Online teachin x b Answered: ormation has been co x + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false * O R Assignment 8 (Ch.14) O eBook 4. PE.14.04B Compute Bond Proceeds, Amortizing Premium by Interest Method, and Interest Expense Ware Co. produces and sells motorcycle parts. On the first day of its fiscal year, Ware Co. issued $50,000,000 of four-year, 13% bonds at a market 5. PE.14.05B (effective) interest rate of 11%, with interest payable semiannually. Compute the following: 6. PE.14.06B a. The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit 8 and Exhibit 10. Round to the nearest dollar. 7. PE.14.07B $ 8. РЕ.14.08B b. The amount of premium to be amortized for the first semiannual interest payment period, using the interest method. Round to the nearest dollar. 9. PE.14.09B c. The amount of premium to be amortized for the second semiannual…

A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.waketech.edu%252Fwebapps%252Fportal%252Fframeset.jsp%253Ftab tab gr Jill bought a $730 rocking chair. The terms of her revolving charge are 2% on the unpaid balance from the previous month. If she pays $100 per month, complete a schedule for the first 3 months like Table 14.3. Be sure to use the U.S. Rule. (Round your final answers to the nearest cent.) Monthly Outstanding Amount of Outstanding balance due 2.0% interest Reduction in рayment number monthly payment balance due payment balance due acer 3.

2

How do I prepare the calculations

5 Amount Due at Maturity $ 6,000.00 Discount Rate Time 3.50% 160 Required: Using the information above please answer the following: 1. Calculate the bank discount: 2. Calculate the proceeds: X Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. HHHH [mm] Ordinary Interest 360 Open Excel in new tab

Match the words with the term.   Question 13 options: 12345 mortgage 12345 trade receivables 12345 equipment 12345 working capital 12345 inventory   1. factoring 2. warehouse financing 3. line of credit 4. term loan 5. building

s Extensions Help ext 1 Arial 11 + O IUA B ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Deon H REALLY matter when make my payment? 3 4 $129.79 $135.85 $37.63 $50.00 EEEE EX 7 Explore what happens when you make a payment to your credit card at a different time. You will use the same information to do different problems: one where the payment is made early in the billing cycle, the other when the payment is made late in the billing cycle. 2.) The balance on the Smith's credit card on May 12, their billing date, was $378.50. for the period ending June 11, they had the following transactions. May 13 Charge: Toys June 1 Charge: Clothing June 8 Charge: Housewares June 9 Payment 5 c. What is the Smith's new credit card balance on June 12? a.) Find the average daily balance for the billing period, which ends on June 11. May has 31 days. b. What is the finance charge calculated on June 11. The monthly periodic rate is 1.3%. Does it matter when you make your payment? Does it really matter when you make your purchases?…

ples. assets. Company, organized in 2020, has the following transactions related to intangible $595,000 360,000 480,000 185,000 1/2/22 Purchased patent (7-year life) 4/1/22 Purchased a small company and as a result recorded goodwill (indefinite life) 7/1/22 Acquired 10-year franchise; expiration date 7/1/2032 9/1/22 Incurred research and development costs Instructions Prepare the necessary entries to record these intangibles. All costs incurred were for cash. Make the adjust- ing entries as of December 31, 2022, recording any necessary amortization and reflecting all balances accu- rately as of that date. THAT

Homepage - Central N X D21 Ebook and Connect Li X M Question 1- Chapter 4 X //ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mh... A Homework 5 ces W 3 Cential New OC X Kameron Gibson's bank 104 for $203.50 and chec check electronically depos $22.20 service charge. E Prepare Kameron Gibson's b reconciliation. Note: Input all amounts as poive values. Round your answers to 2 decimal places. Kameron's checkbook balance Add: Direct deposit Subtotal Deduct: Teller fee Service charge Subtotal Reconciled balance $ 4 R % 5 6 69 $ ement showed a balance of $1,253.55. Kameron's checkbook had a balance of $242.20. Check Number umber 105 for $16.95 were outstanding. A $662.50 deposit was not on the statement. He has his payroll to his checking account-the payroll check was for $1,487.40. There was also a $11.80 teller fee and an Q Search Y 11.80 22.20 & BANK RECONCILIATION $ 7 69 U Saved 242.20 Bank balance Add: 1,487.40 Prev * 1,729.60…

AutoSave OFF Home Insert Draw Paste Page 47 of 95 Calibri B I U 20 Design V v 16916 words 50 ab X 2 V Layout Α Α΄ x² A References Aa ✓ A Αν English (United States) Mailings Review = 16×16×¹6× | = = V V W= Packet Lecture-4 View V Tell me ↓ V 12/31/XD Interest Receivable (A+) V Note Receivable (A-) Interest Revenue (R+→SE+) Accrual of interest on note (10,000 x .12 x 11/12) Then when the note is paid in January the company would record: 1/31/XE | Cash (A+) Determine interest revenue for 20XA. Accessibility: Investigate Interest Revenue earned in 20XE is $100 (10,000 x .12 x 1/12). Determine interest revenue for 20XB Saved to my Mac ✓ AaBbCcDd Ee Determine interest revenue for 20XA. 1 JRC Normal Determine interest revenue for 20XB 10,000 1,100 Interest Receivable (A-) Interest Revenue (R+→SE+) 100 Collection of note receivable, interest receivable and interest revenue (10,000 x .12 x 1/12) Practice The company lent $5,000 on July 1, 20XA at 10% interest for 9 months. Determine interest…

Chapters 10 and 11 HOMEWORK X CengageNOWv2| Online teachin xX https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres. Chapters 10 and 11 еВook Print Item Current Portion of Long-Term Debt Connie's Bistro, Inc. reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: December 31 Current Preceding Year Year Total long-term debt $757,500 $416,600 Less current portion (219,700) (204,500) Long-term debt $537,800 $212,100 a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? $ b. How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt? c. If Connie's Bistro did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the…

Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898…

Question 10 Using the following balance sheet items and amounts, calculate the total current liabilities. • Money market account $7844 • Retirement account $90600 • Medical bills $395 Checking account $3877 • Credit card balance $1309 Your Answer: Answer

Content Question 7 of 8 com/was/ui/v2/assessment-player/index.html?launchId=822123d0-f06e-40f1-aecf-7add80e089e1#/question/6 X WP NWP Assessment Builder Ul App X View Policies Current Attempt in Progress The following are a series of unrelated situations. Accounts receivable A Net sales Answer the questions relating to each of the five independent situations as requested. 1. Skysong Company's unadjusted trial balance at December 31, 2025, included the following accounts. Allowance for doubtful accounts Debit Bad debt expense for 2025 $ $54,800 6,910 WP NWP Assessment Player Ul Appli X Credit $1,267,000 + -/4 = : Skysong Company estimates its bad debt expense to be 7% of gross accounts receivable. Determine its bad debt expense for 2025.

Answer question 8, is it a b c or d

Answer question 7