Q: You bought a house with a 30-year mortgage with loan size $500,000 and interest rate 6%. Assuming…
A: First, we need to find out, yearly installment to be made. Solved using Financial Calculator PV =…
Q: Determine the monthly amortization for a 30-year mortgage of P6,000,000 at a 5% interest rate,…
A: This question is an application of annuity. The monthly amortization is the equal monthly instalment…
Q: Find the interest eaned on $10,000 invested for 4 years at 6% interest compounded as follows. a.…
A: Compound Interest: It refers to the interest earned on an investment or paid on loan and is…
Q: According to the CAPM, the expected return of an asset that has just diversifiable risk and no…
A: As per CAPM, Expected Return = Rf + ( Beta * (Rm -Rf)) Rf = Risk free rate of return Rm = Market…
Q: current value of the ze
A: A Treasury note is a type of government debt security with a fixed rate of interest and a maturity…
Q: Hail and Sons operates for 240 days in a year. It has been offered credit terms of 4/30 net 90 days.…
A: If company provide credit than it is cost to company so company provide discount to the customers to…
Q: Hail & Sons operates for 240 days in a year. It has been offered credit terms of 4/30, net 90 days.…
A: Credit term refers to a method used by the firms to encourage buyer or debtor to pay the amount of…
Q: 13. What was the principal for a continuously compounded account earning 2.1% interest that now has…
A: A Continuous Compounded Interest rate is the interest rate that is calculated on the principal…
Q: 4. Which of the following is not a way to cope in times of financial difficulty? a. reduce use of…
A: The answer is Option (d). Rely on others for financial needs Relying on others for financial needs…
Q: True or False 1. The first step in the personal financial planning process is determining one's…
A: Financial planning is defined as the step by step approach for meeting the life goals of an…
Q: TABLE 1: Net cash flows for three projects Project Omicron Project Upsilon Project Omega Year -10000…
A: Mutually Exclusive Projects: They are capital tasks which contend straightforwardly with one another…
Q: Rho Ltd. has just paid a dividend of $0.25 on its stock. They expect dividends to grow at a rate of…
A: Dividend = $0.25 The growth rate for first two years = 6% Growth rate thereafter = 3% Required rate…
Q: average life time value ot
A: The average lifetime value is to be calculated by multiplying the average order with the average…
Q: Critically discuss whether, in general, mergers and acquisitions are successful in practice.
A: The phrases "mergers" and "acquisitions" are frequently used together, although their meanings…
Q: Which formula provides the value of this gift
A: Gift of $5,000 is to be received 6 years from today Formula for calculating Present value PV =…
Q: Bookaccino’s Plc wants to acquire Book Cellar Plc. Shares in Bookaccino’s are currently trading at…
A: When one company purchases the majority or all of the shares of another, it gains control of the…
Q: Mang Moises needed a refrigerator for his canteen. The refrigerator, which costs P:26,000, may be…
A: In financing, amortization is the amount of loan, in which principal loan paid according to the…
Q: ment costs ₱3046114 with the estimated salvage value of ₱696261 at the end of 6 years. What is the…
A: Depreciation can be found by the sinking fund method also considering as the future value required…
Q: Company XYZ declared a dividend of Php 19,773,000 for its common stock. Suppose there are 42,504…
A: The Dividend is the profit that is paid out to the shareholders by the firms out of the current…
Q: LExplain what happens to the bond price and interest rate and why. i) i1) ii1) Expected inflation…
A: A bond's price is the present discounted value of its future cash flow. It denotes the total of the…
Q: What is the present value of a perpetuity stream of cash flows that pays P1,000 at the end of year…
A: present value of a perpetuity stream of cash flows = cash flows at end of year 1/(Discount rate -…
Q: Choose the correct answer. 6. Determining one's current financial situations involves a.…
A: Thanks for the Question: Bartleby's Guideline: “Since you have asked multiple question, we will…
Q: Discuss the assumptions underlying the Gordon growth model.
A: Gorden Model recognizes that the current market price of the share reflects expected dividends . In…
Q: (b) What is the time value of an option? Why does an option's time value decay as the option…
A: The time value of an option is the excess of premium over the intrinsic value of an option. Option's…
Q: orth 1% compounded semi-annually. 2. Don Solomon wants to set up a scholarship program with his alma…
A: Present value can be found the given period and interest rate and given period of compounding of…
Q: An investor makes a single deposit of 10,000 into fund A for 10 years which earns a 6% effective…
A: Given, The amount invested is 10,000
Q: Which one of the following correctly states a purpose of the generation-skipping transfer tax…
A: GSTT is a federal tax. This tax comes into picture when there is a transfer of property to a…
Q: by Given that: Spot rate 1 month forward 3 month forward £1/$1.6365-1.6385 0.005-0.0047 0.0003 -…
A: We will take the spot rate as provided in the question and we will then solve for the one forward…
Q: A firm has issued P1,000 bonds with a 10-year maturity and a face value of P1,000,000. Quarterly…
A: Face value of the bond = P1,000 Quarterly maturity period (n) = 40 (i.e. 10 years * 4) Quarterly…
Q: Analyze the income statement of any company on an excel sheet using Graphs. Please share the…
A: Target Corporation is an American department store chain and it is eighth largest retailer in the…
Q: What are some of the current challenges facing financial regulators?
A: Financial institutions have undergone many changes in the past decades or so mainly due to…
Q: Perseverance Corporation is deciding whether to pursue a restricted or relaxed current investment…
A: The net income is impacted by the working capital and there is impact of working capital on return…
Q: Speculating with Currency Call Options. ABC Inc., purchased 75,000 units call option on British…
A: An option is a financial derivative that gives the buyer the right to buy or sell the underlying…
Q: A business sets up a sinking fund so they will have a $46,000.00 to pay for a replacement piece of…
A: A Sinking fund refers to a fund that is kept aside or borrowed for the purpose of paying off a debt…
Q: From the following information calculate the Net Present Value of the two projects & suggest which…
A: Investment appraisal deals with evaluating potential projects of a company. It involves comparing…
Q: protect consumers' financial information?
A: Financial information refers to data that can be measured in monetary terms and stored in the…
Q: An amount of $6,880 is deposited into an account earning 3% interest compounded quarterly. How much…
A: Future Value: The future value is the amount that will be received at the end of a certain period.…
Q: Find the present value of a deferred annuity of ₱6399 every six months for 3 years that is deferred…
A: To calculate the present value of annuity we will use present value of annuity formula, since first…
Q: And investor plans to invest $500 a year and expect to get a 10.5% return if the investor makes…
A: Future value refers to the value that an amount would assume at a future time period after…
Q: Hema Corp. is an all-equity firm with a current market value of $1,230 million (i.e., $1.23…
A: Bankruptcy cost is considered to avoid financial devastation, companies can be bankruptcy after…
Q: 5. What is the Capitalized Worth, when i= 10% per year, of $3000 per year, startıng in one yea…
A: Capitalized cost of a project can be defined as the present value of all costs that will be incurred…
Q: Sololo Sloes has sold a home to the American First Family in Nairobi Karen area for $12 million. The…
A: Foreign Exchange risk: It is a financial risk that exists when a monetary exchange is designated…
Q: When choosing a mutual fund, one of the most important things to consider is your investment…
A: Income Objective: Nick is nearing retirement and is looking to purchase a mutual fund that will…
Q: Explain the Diamond model of delegated monitoring
A: Diamond model is referred as the model, which describes the competitive advantage of the nation in…
Q: Find Dave’s commission, if he made $7,500 in sales.
A: Commission: It refers to a service charge by the investment advisor or a broker for providing some…
Q: Find the FUTURE VALUE in SIMPLE ANNUITY of each of the following scenarios where R is the regular…
A: Future Value of Ordinary Annuity refers to the concept which dictates the compounded value of a sum…
Q: What trust, privacy and ethical issues do businesses need to be concerned with when trading online?…
A: The main trust, privacy and ethical concerns of business while doing online trading are as follows:…
Q: The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000,…
A: IRR signifies the rate of return at which the NPV is zero. This signifies what rate of return is…
Q: Adrian pays ₱608497 cash and the balance in 17 quarterly payments of ₱24588 for a house and lot. If…
A: Cash payment (DP) = P608497 Quarterly payment (P) = P24588 Number of quarterly payments (n) = 17…
Q: 10. Scott bought a $5,975 boat on the installment plan. The agreement included a 20% down payment…
A: In the installment purchase system, part of the price is paid upfront called 'Down payment'. Rest is…
Find the due date for 130 days note dated July 7,using Actual time
Step by step
Solved in 2 steps
- TERM OF A NOTE Calculate total time in days for the following notes. (Assume there are 28 days in February.)What is the amount of interest revenue that must be accrued on December 31st for a nine-month, 6%, $2,000 note receivable that was accepted on November 1st? what is the interest accrued?What is the due date of a $12,000 90-day, 8% note receivable dated August 5?
- On November 1, Alan Company signed a 120-day, 12% note payable, with a face value of $19,800. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.)For each notes receivable determine the interest revenue to be reported on the income statement for the year ended December 31. Use 360 days in your computations. date Face Rate% Term aug. 8. 45000. %7. 45days Oct. 7 62000 5 60 jan 6 28000 4 120 nov 12 43000 6 60Use exact time and find the ordinary interest on $500 at 10% from February 5 to October 12 of the same year.
- The company determines that the interest expense on a note payable for the period ending December 31 is $630. This amount is payable on January 1. Prepare the journal entries required on December 31 and January 1.Notes receivable due in 90 days appear on what?An invoice for $5313 is dated May 12 and offers terms of 2/20-40x. If the invoice is paid on July 16, when is the net payment date? Please answer very soon