If in 5.8% per semiannual, compounded manthly, What is the nominal quarter rate. CABET, SO1)
Q: This account represents that portion of the subscribed share capital which remains uncollected…
A: Share capital can be also classified as under: Authorized Issued Subscribed Arrears
Q: Sebastian Company provided the following data pertaining to the total cost, residual value, and…
A: Accounting for Depreciation
Q: The current sections of rita Company's Statement of Financial Position as at 31 December 2019 and…
A: Cash flows from operating activities: It is a section of the Statement of cash flow that explains…
Q: A contribution income statement for the Nantucket Inn is shown below. (Ignore income taxes.)…
A: In this question, we are required to prepare the contribution margin income statement. The…
Q: "be balance sheet of the Omar Paolo and Ouek partnershin on November 1 2016 (bet
A: In partnership liquidation , we first give priorty for outside…
Q: PROBLEM NO.5 Solve for ERR if 25% Mimimum Attractive Rate of Return 13% Interest Rate External…
A: Concept of ERR
Q: [The following information applies to the questions displayed below.] NewTech purchases computer…
A: Formula: Annual Depreciation (straight-line method) = Depreciable value of the assets / Expected…
Q: Marigold Corp.'s transactions for the year ended December 31, 2021 included the following: •…
A: Investing activities are those activities in the statement of cash flow which comprises the payment…
Q: displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at…
A: Under straight method the depreciation is uniform for all years. Computation of depreciation per…
Q: Freshly Farms plants 80 acres of Brussels sprouts every spring. Freshly sells its sprouts to a…
A: It was given that cooperative takes a 16% margin on the cooperative's selling price. Let us…
Q: Sheridan Corporation, an amusement park, is considering a capital investment in a ne exhibit would…
A: Capital Investment Capital investment is the expenditure of funds to support a company's long-term…
Q: )How much is the investment balance to be presented byJJCin December 31, 2023? d)How much is the…
A: On January 1, 2022, JJC acquired 30% of Chiyo Company’s voting shares for P10,000,000. Half of the…
Q: There has been a sharp increase in the emergence of financial technology firms (also known as…
A: An auditor is someone who verifies the accuracy of documented business transactions. Auditors are…
Q: What is Richard's maximum allowable medical expense deduction for 2020?
A: Allowable medical expense deduction are those deduction which arises as a result of the medical…
Q: Kim Corporation holds 10,000 shares of its P10 par common stock as treasury stock, which was…
A: Treasury stock: Shares which are bought back by the company from the open market but not retired…
Q: Unruh, Grey, and Carter are partners with capital balances of P80,000, P200,000, and…
A: GIVEN Unruh, Grey, and Carter are partners with capital balances of $80,000, $200,000, and…
Q: What is it called where a director makes a decision, that is done in good falth due care, and a…
A: GIVEN is it called where a director makes a decision, that is done in good faith, with due care Is
Q: eport and identifies a material inconsistency with the financial statements. The auditor determin…
A: Basic auditing and assurance standard
Q: report and identifies a material inconsistency with the financial statements. The auditor determines…
A: There is generally emphasis of opinion paragraph in the auditors report by the editors in order to…
Q: Sup has paid a dividend of $3.82 per share per year for the last 16 years. Management expects to…
A: In the context of the given question, we compute the required figures by using the Dividend price…
Q: On December 31 of Swift Company’s first year, $51,000 of accounts receivable was not yet collected.…
A: Introduction: The estimated selling price of items less the cost of sale or disposal is the net…
Q: On January 1, 2020, Joker Company purchased equipment with cost of P10,000,000, useful life of 10…
A: The question is related to Impairment of Assets. Impairment Loss is calculated with the help of…
Q: _______ A term for the debts of a firm
A: A debt is an amount owing for borrowed cash. The lender agrees to lend cash to the borrower in…
Q: Required: Prepare a multiple-step income statement for the month of March by completing the…
A: Solution:- Preparation of Multiple-step income statement for the month end of March as follows…
Q: Do the balance sheet, income statement, and statement of cash flows contain all the information you…
A: The balance sheet is one of the three basic financial statements that are required for both…
Q: Calculate the missing information based on the format of the income statement. Gross Operating Net…
A: Formula: Net profit = Gross margin - Operating expenses
Q: pany transferre the year invento pared the follows tin Subsidiary (e Esidi armings-Sub st of Goods…
A: I agree with the Khalid consolidation entry as the transfer price is $240,000 which is 60% of the…
Q: 5. On January1, Red Manufacturing paid $52,000 for a patent. Although it gives legal protection for…
A: Amortization is a strategy used in accounting to reduce the book value of a loan or intangible asset…
Q: R116 Selling price (per unit) Units in opening inventory 600 Units manufactured 2550 Units sold 3…
A: Answer- First 3 sub-parts are answered below. Part 1 - Calculation of Unit Product Cost for the…
Q: Solve for ERR If 25% Mimimum Attractive Rate of Return 13% Interest Rate External $7.250.00 Excess…
A: Calculation of ERR
Q: Oct. 2 Issued 24,000 shares of common stock for a building with a market value of $130,000. Oct. 6…
A: The question is related to Journal Entries for the month of October.
Q: showed the following selected asset balances on Dec 31, 2020
A: Working notes:- Depreciation on building…
Q: Sydney, Inc., a manufacturer of chocolate-coated mint candy acquired a patent on June 25, 2018, for…
A: Intangible assets shall be amortized over the useful life of intangible assets. Amortization…
Q: The following partial budget versus actual report was prepared for Otis the Great, a manufacturer of…
A: Static Budget Sales revenue = $108,000 - $18,000 = $90,000 Selling price = $90,000 / 50,000 = $1.80…
Q: Because simple interest is used on short-term notes, the time period is often given in days rather…
A: A = P(1+rt) A = Amount received P = Principal r = Rate of interest t = Time
Q: What is the total operating cost per acre? O $2.46 $76.81 $79.94 $120.66
A: Fixed cost Fixed cost refers to the cost that is independent of the changes in production. In other…
Q: ERCISE 6-12 Target Profit and Break-Even Analysis; Margin of Safety; CM Ratio 6, LO7] enlo Company…
A: Disclaimer : “Since you have posted a question with multiple sub-parts, we will solve first three…
Q: Convertible preferred stock Valerian Corp. convertible preferred stock has a fixed conversion ratio…
A: Conversion value of preferred shares = Purchase price x Conversion ratio Here conversion ratio =…
Q: 1b) You are given the following budgeted information for İsca Ltd direct wages 45000 direct…
A: Job costing is a way of accounting that allows you to keep track of the costs of different projects…
Q: The following data is from Los Altos, Inc.: Cost of goods sold $243,000 Inventory, January 1…
A: Cash paid for merchandise purchased = Beginning Accounts payable + Purchases - Ending Accounts…
Q: n two securities T, and T2, he al nount he wishes to invest betw. olution of the securities for the…
A: As per protocol, allowed to answer three subpart and post the remaining in the next submission.
Q: #1 Jones Co. in a lump-sum purchase, bank note for $2,000,000 and used cas COS ASSET Land $300,…
A: Under lumpsum sale, all the assets and liabilities are transferred for one single consideration…
Q: The following partial budget versus actual report was prepared for Otis the Great, a manufacturer of…
A: Actual Flexible budget variance Flexible budget Volume variance Master budget Sales revenue…
Q: Calculate the cost break-even point in hours on a production-time basis for the tabulated data. Item…
A: A break-even point is a point where costs and revenue of the company break even mean they are equal…
Q: cted to havee a five year Me, with a esidu valu of S6500 wn the and of tive Jsing the…
A: Depreciation rate under double declining method 100%/ useful life * 2 100%/5 * 2 40% Book value as…
Q: Question 1 The M&N company is considering a new manufacturing facility plan for its new venture. The…
A: Concept of Capital Budgeting
Q: disbursements in a month in 2021: Non-life insurance P145,700 34,600 Life insurance P 150,000 45,000…
A: Here to taken consider the percentage of taxes for life insurance business which has the tax base…
Q: Jacks has current assets equal to $3 million. The company's current ratio is 1.5, and its quick…
A: Formula: Current ratio = Current Assets / current liabilities
Q: When a dividend is declared and paid in stock * Choices; stockholders' equity does not change.…
A: Stock dividends are distributions to shareholders that companies make when they do not wish to…
Q: 2. Grouse, Flicker, and Partridge are partners sharing profits and losses 20/40/40 respectively.…
A: Liquidation- Liquidation is the process of converting non-liquid assets to liquid assets...that is,…
Step by step
Solved in 2 steps with 2 images
- If i 5.8% per semiannual, compounded monthly, What is the nominal quarter rate. (ABET, SO1)Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What is the corresponding effective rate?Find the nominal rate that if converted quarterly could be used instead for 15% compounded semi-annually?
- find the nominal rate which is converted quarterly could be used instead of 11.88% compounded monthly.What is the effective annual rate (EAR) if your credit card charges you 10.45 percent compounded quarterly? Show your formula/calculation/explanation! Why is it different from annual percentage rate?Find the nominal rate compounded monthly which is equivalent to 12% compounded quarterly. What is the corresponding effective rate?
- if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate of interest per bi monthTo be equivalent to 10.6% compounded quarterly, what must be the nominal rate with: (Do not round intermediate calculations and round your final answers to 2 decimal places.) a. Annual compounding? b. Semiannual compounding? c. Monthly compounding?What is the equivalent rate of 6% compounded quarterly to compounded monthly?
- What nominal rate compounded monthly is equivalent to 20% compounded annually? Round off your answer to six decimal places. Show a solutions.3. If the effective annual interest rate is 15% then what is the equivalent annual rate compounded quarterly? Pls show formula used. Final dollar answers should be rounded to two decimal places. Interest rate answers should be rounded to 6 decimal places if expressed as a decimal or 4 decimal places if expressed as a percent. Use timeline if necessary. Thanks!What rate, compounded monthly, is equivalent to 18% compounded quarterly? What rate, continuously compounded, is equivalent to 9% compounded daily?