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- What is the amount received by partially secured creditor? A. P40,000B. P60,000C. P70,000D. P65,000In the payment term 6/12, n/60, the cash discount is ___________. a. 12% b. 6% c. 60% d. 30%Which of the following is the cheapest for a borrower?6.7% annual money market basis6.7% semi-annual money market basis
- 60. If the face value of a notes receivable is greater than its present value, which would most likely appear in the journal entry in the amortization? a. Cr. Premium on Notes Receivable b. Dr. Discount on Notes Receivable c. Dr. Premium on Notes Receivable d. Cr. Discount on Notes Receivable[6] The amount to be paid fully secured creditor is: 32,000 35,000 30,000 20,000You have 1 account: The balance owed is $625 and a $2500 credit limit. What is your debt-to-credit ratio? Enter your number as a percent.
- Insert an answer for each of the following p= $ 3,200, r=.023, t= 3months. interest ? ________________________. p=$ 1,700, r=.055, t= 90 days. interest ? ____________________________. sales $ 3,790, returns $ 390, sales terms 2/10 n 30. discount ________________? and remittance ( paid) __________________________? ( assume paid in discount period)You deposit $100, $150, & $200 in a bank account at the end of years 1,2,& 3 and earn 7%interest. If (P/G, 7%, 3)=2.506 and (A/P, 7%, 3)=.3811 what is the present value (now) ofthese deposits.5) How much will be the total amount of remittance to BIR?
- You have 3 accounts: Account A has a $100 balance and a $300 credit limit. Account B has a $100 balance and a $500 credit limit. Account C has a $600 balance and a $1000 credit limit. What are your debt-to-credit ratio? Enter your number as a percent and round to 1 decimal place.How much must be placed in a two-month term deposit earning 4.8% in order to earn $275 interest? Group of answer choices $34,375.00 $53,333.33 $23,333.33 $12,500.00 $5729.17In the payment term 5/10, n/30, the number '10’ represents _________________. a. Length of discount period b. Length of credit period c. Cash discount d. Net amount