Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Stated Rate (APR) % Number of Times Compounded Semiannually Monthly Weekly Infinite Effective Rate (EAR) 12.2% 13.1 10.8 14.5
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- The past five monthly returns for Kohl's are 4.11 percent, -1.68 percent, 9.25 percent, and -2.56 percent. Compute the standard deviation of Kohl's monthly returns. ( Do not round intermediate calculations and round your answer to 2 decimal places.)Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods. $53,490 receivable at the end of each period for 8 periods compounded at 11%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Current Year Prior Year Short-term investments $ 379,006 $ 237,965 Accounts receivable 101,137 105,306 Notes payable 0 92,802 Horizontal Analysis - Calculation of Percent Change Choose Numerator: / Choose Denominator: Percent Change = / Current Year Prior Year Dollar Change Percent Change Short-term investments $379,006 $237,965 % Accounts receivable 101,137 105,306 % Notes payable 0 92,802 %
- Find the APR, or stated rate, in each of the following cases. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year. *From a previous question, i learned that I should use APR=[(1+EAR)1/m-1]*m, but im still not getting the correct answer. I dont think im following the correct steps to solve the equation properly.Prepare the journal entry to close out the MOH difference, given that the company wants to prorate it to the appropriate accounts based on their ending balances (before proration) (round proportions to four decimal places, if necessary). Did the proration of the MOH difference in part (d) have a significant effect on COGS this period? Explain how you could evaluate significance here. Specify the new adjusted COGS. If Locktin reported sales of $475,000 this year, what gross margin percentage did it earn? If the company goal was to generate at least a 35% gross margin, did it meet its goal? What does this tell us about Locktin's control of product costs this period?If 16% pa is an annual percentage rate (APR) compounding every quarter, which of the following is NOT correct? All percentages are given to 5 decimal places. a. Effective quarterly rate is 4.00000% per quarter. b.Continuously compounded semi-annual rate is 7.84414% per half year. c. Continuously compounded quarterly rate is 3.92207% per quarter. d. Effective monthly rate is 1.84756% per month. e. The annual percentage rate (APR) compounding every month is 15.79128%.
- Calculate APR by table lookup (to nearest hundredth percent): PurchasePrice DownPayment Number ofmonthly payment Amountfinanced Total Payments $1,800 100 20 $1,700 1900 $ 0The past five monthly returns for Kohl’s are 4.11 percent, 3.62 percent, −1.68 percent, 9.25 percent, and −2.56 percent. Compute the standard deviation of Kohls’ monthly returns. (Do not round intermediate calculations and round your final answer to 2 decimal places.) I'm sorry I submitted the wrong information for this math problem earlier. this is the correct problem.What is the present value of $4,010 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
- What is the present value of $8,590 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)Presented below are the data on three promissory notes. Determine the missing amounts (round answers to 0 decimal places, e.g. 125 Assume length of year = 360 days.)Date ofNote Terms Maturity Principal Annual Interest Total Interest Date RateApril 1 60 days ? $600,000 9% ? July 2 30 days ? 90,000 ? $600March 7 6 months ? 120,000 10% ?Suppose you have an account with an APR of 6%. (a) If interest is compounded daily, determine the APY to the nearest 0.01%. (b) If, instead, interest is compounded continuously, determine the APY to the nearest 0.01%.