List Price: P100,000 Trade Discount: 20%, 10% What is the Invoice Price?
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Q: Trade Discount Rate = 20/18/15
A: Formula of Single Equivalent Discount Rate:- = 1-Net Price Factor = 1- 0.5576…
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A: As per matching principle, the expense of the period must be recorded in the period of sale.
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Q: Selling Price Rate of Discount Sale Price Discount P 500.00 P 950.00 20% 35% 25% P 250.00
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A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: own payment: 20% nstallment sales: P545, 000 in 2020, P785,000 in 2021, and P968,000 in 2022 Markup…
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Q: DiscountP9,000 for 9 months at a discount rate of 8%. A P8,460 B P6,740 © P 7,480 D P 8,670
A: Solution: Discount amount = P9,000*8%*9/12 = P540
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A: Trade Discount Trade discount can be defined as the discount which the manufacturer to a reseller on…
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Q: You paid $99,453.67 for a $100,000 91-day T-bill 51 days before it matured, what discount rate did…
A: Given: Face value = $100,000 Purchase price = $99,453.67 Days = 51 days
Q: ABC Co. has the following information: 20x1…
A: Total realized Gross profit in 20x2 = Cost of sales / ( 1 - Gross profit rate ) * Gross profit rate
Q: Simple Interest Example: Find the present value of P2,000 which is due at the end D = Fdt of 90 days…
A: Detailed explanation of the solution given in the question is as follows:D=Present valueF=Future…
Q: simple
A: Formula for simple interest: SI = PNR/100 Where P is the principal n is the no of years r is the…
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A: Normally markdown refers to the discount or the reduced price of the product.
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A: Sticker Price $80.00 Less: Discount ($80 * 40%) -$32.00 Less: Coupon amount -$8.00 LessL…
Q: How long will it take for P10,000 to earn P1,250 interest invested at 10%?
A: Simple Interest = P * R *T = P1,250P = Principal = P10,000R = Rate of Interest = 10%T - Time = ?
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Q: The selling price of imported olive oil is $20 per case. Your cost is 15 Euros per case, and the…
A: Cost of imported olive oil per case = 15 Euros per case / 1.25 Euros…
Q: en that an item is subject to a 20 percent trade discount, it's price
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A: Bid rate forward premium and ask rate forward premium is computed below: 1 basis point is 0.0001
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A: List Price (LP) Rate of Trade Discount Trade Discount Net Price 580.00 7.5%…
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Q: Complete the table. ORIGINAL PRICE TRADE DISCOUNT DISCOUNT RATE DISCOUNTED PRICE Php6,500 Php1,200…
A: Trade discount is offered to customers to encourage the bulk purchase of the product. The discounted…
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Q: Php8,860.50 round to nearest dollar. What will be the answer?
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Q: The selling price of imported olive oil is $20 per case. Your cost is 15 Euros per case, and the…
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A: Sales discount: Sales discount is the cash discount which is given by the seller to the buyer if the…
Q: What is the average annualized forward premium/discount for the EUR if you use the 4M forward contra
A: Forward Premium: A forward premium occurs when the forward/futures price of the currency is greater…
Q: Calculate the trade discount (in $) and trade discount rate (as a %). Round your answer to the…
A: A trade discount is the sum by which a manufacturer decreases the retail cost of an item when it…
Q: The selling price of imported olive oil is $20 per case. Your cost is 15 Euros per case, and the…
A: Pre-tax Profit: The profit before tax is all expenses deducted from the value of total revenue.
Q: 3. Discount (or find the present value of) P 20 000 for 150 days at a discount rate of 7%. Answer:
A: The simple interest is the type of interest that is calculated on the principal amount invested and…
Q: Installment sales ? ? Cost of sales 600,000 660,000 Installment receivable - 20x1 600,000 400,000…
A: Installment sales: Under this method, seller sells a product to the buyer and allows him to pay the…
Q: Calculate the trade discount (in $) and trade discount rate (as a %). Round your answer to the…
A: Trade discount = List price - Net price Tade discount rate = Trade discount / List price
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- Based on the following table. Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD 30.25 30.55 EURUSD 5M FWD 38.03 38.43 EURUSD 6M FWD 45.91 47.2 EUR/USD Spot 1.1618 1.1624 What is the average annualized forward premium/discount for the EUR if you use the 6M forward contract (Format for answer: X.XX% or –X.XX%)The full amount of purchase is P530. If a cash discount of 10% is allowed, find the amount of the cash discount and the net amount to be paid. Round to the nearest centavoCalculate the trade discount (in $) and trade discount rate (as a %). Round your answer to the nearest tenth of a percent. List Price: $4,500.00 NET PRICE: $3,515.00
- Calculate the PV of the following payments if the discount rate is 10% $1,000,000.00 $1,100,000.00 $1,050,000.00 $1,110,000.00 $11,500,000.00Spot: USD/MYR 4.3100/4.3250 1-Month: 25/40 3-Month: 19/105 6-Month: 20/150 9-Month: 22/250 What is the forward premium or discount of the MYR/USD based on the 9-month forward maturity assuming a 360-day year?What is the 30-day forward premium/discount for GBP/CNY if the spot is 0.95 and the 1-month forward rate is 1.45. Please provide your answer in %.
- A price tag of P1200 is specified if paid within 60 days but offers a 3% discount for cash in 30 days. Find the rate of interest.A 180 day $3 million CD has a 4.25% annual rate quote. If you buy the CD, how much will you collect in 180 days? A. $3,045.678 B. $3,063,750 C. $3,062,877 D. $3,047,439Given that an item is subject to a 20 percent trade discount, it's price is #1000. what is the sale price
- Installment sales ??Cost of sales 600,000660,000Installment receivable - 20x1600,000400,000Installment receivable - 20x2720,000Gross profit rates based on sales40%45%How much is the total realized gross profit in 20x2?which one is correct please confirm? Q9: "a 90 day USD T-bill with a face value of USD1,000,000 sold at a discount rate of 5.25%. What would be the true yield " 5.320% 5.46% 4.86% 3.25%What’s the equivalent interest rate to the terms 3/20, n/60? In other words, what is the effective annual rate that is "given" to a customer for this cash discount? (Use 365 days.) HINT: Use the I = P x R x T formula where R = I/PT and choose some value for the gross amount of the invoice (i.e $1,000). Label (%) and round to the nearest whole percent.