What are some of the ways to be paid for your invoices? Cash, check, credit card. they are all good. Did you know that QuickBooks lets you accept credit card transactions (with a subscription) and also allows you to accept online payments? Do a little research on the Intuit website to learn more about these two payment
Q: Joe is a new investor and has been closely watching a company by the name of USA Ltd., a…
A: Beta for USA ltd is 1.9 times. It means that If the overall market rises/falls by 1%, then USA ltd…
Q: The Dawson Corporation projects the following for the year 2012: Earnings before interest and taxes…
A: Given, Earnings Before Interest and Taxes (EBIT) - P35,000,000 Interest Expense = P5,000,000 Tax…
Q: The financial staff of Cairn Communications has identified the following information for the first…
A: Projected sales are $22million Operating cost is $7million Depriciation is $4million Interest…
Q: The unpaid balance at the start of a 28-day billing cycle was $962.84. A $4,000 purchase was made on…
A: Average daily balance method is a way to calculate credit card charges by adding up the daily…
Q: Felix is keen to apply his finance knowledge to his real-life investment goals. He is currently 19…
A: As per the given information: Future value of contribution made by Felix - $5,000,000Investment made…
Q: The equation for the present value of Bond OPE on 24/6/2022 is given t 0, 135. -29 2 14,7…
A: We have the equation governing the price of the bond. We know how many days it has to be discounted…
Q: Which of the following statements is not true about mortgages? O Mortgages are examples of amortized…
A: Mortgages are loans given to an individual to buy a property. These are usually long-term loans…
Q: The expected inflation rate is 8%. If the current real rate of interest is 4%, what should the…
A: Nominal rate of interest does not take into account inflation factor. But real interest rate must be…
Q: Sara sells Popsi, a new illegal drug (?), for 4.75 dollars per bottle. Its variable cost per bottle…
A: Break even no of units are the number of units which are required to be sold to earn no profit/no…
Q: 016 Beth purchased a 10-year, 3.20% p.a. semi-annual paying coupon bond with a Face Value (FV) of $2…
A: Investment decisions are based on risk taking capacity and age of the person doing investment and so…
Q: Amaya Cooper just purchased 100 shares in the All-American Fund. The purchase cost for each share…
A: Load charges The percentage of commission that is charged from investors when they invest in certain…
Q: 33- A citizen annually deposits the amount of R$1,000.00 at the end of each calendar year, in a bank…
A: Solution:- When an equal amount is deposited each period at end of period, it is called ordinary…
Q: The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) 1 2 3…
A: Bonds are a form of debt or obligation being issued by the business for the purpose of raising…
Q: The expected inflation rate is 26.5%. If the current real rate of interest is 21%, what should the…
A: Nominal rate of interest is calculated using following equation Nominal interest rate = [(1+Real…
Q: Chamberlain Company wants to issue new 18-year bonds for some much-needed expansion projects. The…
A: Given, Par value of bond is $1000 Term is 18 years Coupon rate is 9.8%
Q: (Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation relationships) The 16-year, $1,000…
A: Time Period (Years) 16 Par Value $ 1,000.00 Coupon Rate 7% Market Price $ 1,075.00…
Q: Britain can produce either 3 units of almonds or 1 unit of carrots with one hour of labor, while…
A: Given, Britain can produce either 3 units of almonds or 1 unit of carrot. Laos can produce either 4…
Q: Farley Inc. has perpetual preferred stock outstanding that sells for $40 a share and pays a dividend…
A: Preferred stock carry the fixed dividend to be paid each period and they are paid before the common…
Q: Your firm is considering two one-year loan options for a $506,000 loan. The first carries fees of…
A: A loan is an agreement where a party forwards a sum to another party in return for that sum being…
Q: 1. Write the Ratio/ Equation to be used, IF REQUIRED 2. Substitute the given 3. Solution (Solve for…
A: Dividend is the distribution of the company’s earnings to the shareholders of the company. A…
Q: The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) 1 2 3…
A: YTM means total rate of return that have been earned by the bond when all interest payments has been…
Q: Perpetuities are also called annuities with an extended or unlimited life. Based on your…
A: As per Bartleby guidelines, If multiple questions are posted, only the first 1 question will be…
Q: ssuming that Icebreaker designates the forward contract as a fair value hedge of a foreign currency…
A: Journal entries
Q: Workman Software has 10.2 percent coupon bonds on the market with 16 years to maturity. The bonds…
A: Bonds are debt instruments that companies issue to raise funds. Companies pay fixed periodic coupons…
Q: Four years ago, Sandra Stills bought six-year, 5.5 percent coupon bonds issued by the Oriole Corp.…
A: We have all the characteristics of a bond. We known the quantum and timing of cash flows emanating…
Q: 1. Joe agrees to make the ff. payments from the lending investor End-of-year 1 HN 3 & 2 4 5 Payment…
A: The concept of time value of money will be used here. As per the concept of time value of money the…
Q: Don Magellan borrowed today from Ginoong Lapulapu P300,000.00 and agreed to repay the loan with 4…
A: Here, To Find: Equal monthly payments =?
Q: Investments and loans base their interest calculations on one of two possible methods: the interest…
A: As per Bartleby guidelines, If multiple questions are posted, only the first 1 question will be…
Q: Consider the following security: Brous Metalworks Earnings Per Share,…
A: Select financials are available about a stock. We have to calculate several parameters sequentially,…
Q: Brett has almond orchards, but he is sick of almonds and prefers to eat walnuts instead. The owner…
A: Two owners have two different commodities. We have to find if the swap of the commodities makes…
Q: Joyce has never invested in shares before. She has come to you, as a prospective finance graduate,…
A: We have to find the value per share under dividend scenarios of dividend and growth rate. We will…
Q: Determine possible applications for self-service kiosks, ATMs, and point-of-sale terminals. List ATM…
A: Given: The application in ATM is self-service kiosks, point of sale terminal. To define the ATM…
Q: Chandrika deposits $500 in an account paying an effective quarterly interest rate 2.01875%. Muhammad…
A: Present Value: The present value (PV) is the present sum of the future payments. The future…
Q: Your bank pays 2.3% interest per year. You put $1.100 in the bank today and $500 more in the bank in…
A: Year 0 Deposit = $1,100 Year 1 Deposit = $500 Interest rate = 0.023 Amount in the bank in 2 years =…
Q: Linear Programming is an Excel Tool that finds only maximum values or minimum values. O True O False
A: Linear programing of excel helps to determine the optimum solution for a problem. Here, the…
Q: The financial staff of Cairn Communications has identified the following information for the first…
A: Given: Particulars Amount Projected sales $22,000,000 Operating cost $9,000,000…
Q: The Data Table function requires three variables. O True O False
A: A data table cannot accommodate more than two variables as of now there are two types of variables…
Q: 5. An investment you are considering is expected to make payments annually forever. The amount of…
A: Data given: A= Payment = $4.75 (payment to be made annually forever) g=growth = 2.9% P0= Current…
Q: The tax rate is 30% and scrap value for each project is Php10,000 respectively. 11. The following…
A:
Q: Some banks now have biweekly mortgages (that is, with payments every other week). Compare a 20-year,…
A: a. Loan amount (P) = $130,000 Monthly interest rate (r) = 0.00625 (i.e. 0.075/12) Monthly period (n)…
Q: ending at t Consider a deferred annuity with 15 annual payments of $100 starting at time t = 6 and…
A: We have to necessarily find the PV of a deferred annuity. We will use the PV of an annuity formula…
Q: An investment you are considering is expected to make payments annually forever. The amount of the…
A: Given, The payment is $4.75 Growth rate is 2.9% Amount of investment is $80.
Q: answer using TVM calculations and formulas Today Dante and Sharon had their first child. All of the…
A: Initial deposit (I) = $23,000 Monthly interest rate (r) = 0.00266666666666667 (i.e. 0.032 / 12)…
Q: (Complex annuity) Upon graduating from college 40 years ago, Dr. Nick Riviera was already thinking…
A: Given, Amount deposited quarterly is $250 Interest rate is 10.9% compounded quarterly Term is 40…
Q: Stock i’s standard deviation35.00%Market’s standard deviation32.00%Correlation between Stock i and…
A: In finance beta is a measure of a stock’s volatility. More precisely it is a measure of a stock’s…
Q: Based on the growth rate determined in part a, project earnings for next year (E1). (Do not round…
A: Price of stock can be determined by the constant growth of dividend and required rate and the…
Q: You expect to have $12,000 in one year. A bank is offering loans at 5.5% interest per year. How much…
A: In this question we have to calculate present value of $ 12,000 in one year at 5.5% interest rate.…
Q: 5. You deposit 10000 to an account that earn 7% compounded annually for five years and force of…
A: Given: Deposit = 10,000 Interest rate = 7% Year =10
Q: 9. Implied interest rate and period Consider the case of the following annuities, and the need to…
A: Present Value of Ordinary Annuity refers to the concept which gives out the discounted or today's…
Q: Assume that your parents wanted to have $130,000 saved for college by your 18th birthday and they…
A: Given, The amount required is $130,000 Rate is 7.5%
Step by step
Solved in 2 steps
- What is the relationship between an account and item? What is the Chart of Accounts? What happens if you click on the Home icon? Which transactions in QuickBooks are considered Non-posting? How do you record a payment from a client that is paying multiple invoices? How does the “Enter Bills & Pay Bills” feature differ from the “write check” feature? How do you determine if a check has been reconciled in QuickBooks? How do you export QuickBooks Reports into excel? How do you switch to Multi-User Mode? What is the purpose of having a Single-User Mode? How does Accrual Basis of Accounting differ from Cash Basis? If you want to modify the account or name filters within a specific report you have open, where do you click? What is the keyboard shortcut for the date to jump to “Today’s” Date? What account(s) does an Inventory item post to when it’s purchased? What about when it’s sold? What account(s) does an Inventory item post to when it’s sold? What are some of the different types of…1. When a customer’s deposit is recorded using the Make Deposits window, Quickbooks creates a behind the scenes journal entry that will do what? A. Credit cash and debit checking B. Credit checking and debit undeposited funds C. Debit Checking and credit undeposited funds D. Debit cash and credit checking 2. How can you move your Quickbooks desktop company file, with all of your data, to a new computer? A. Create a portable file and restore it to a new system B. Condense the data file on the old computer to the drive space. Back up the file and then restored the condense data file to the new computer C. Install Quickbooks on the new computer, back up your computer file on the old computer and restore the file to the new system D. Export your company file to excel from the old computer, then copy this file over to your new computer.How do you record a debit card purchase in Quickbooks? A. Use the Enter Bills window to enter the information, then immediately go to the Pay Bills window and prepare th check. B. Prepare a journal entry to debit the expense account of the purchase and credit cash. C. Wait until you do the bank reconciliation and enter one journal entry for all of your debit card purchases. D. Using the Write Checks window, in the No. field,type “Debit.” Enter the vendor name and amount in the check area.
- In a system like QuickBooks Online, when should you create an invoice? a. When a customer purchases goods or services and pays you in cash at the time of the sale b. When a customer purchases goods or services but does not pay you at the time of the sale c. When a customer purchases goods or services and pays you by check or credit card at the time of the sale d. When a customer purchases goods or services, but you don't want to record the sale as finalWhen matching bank or credit card downloaded transactions to a transaction already recorded in QuickBooks Online, what are the possible actions that appear in the Action column?how can using a mix of Accounts Receivable, Notes Receivable and accepting Credit Cards can benefit your business
- Where should you go to set up a new bank feed or link to a bank account in a client's QuickBooks Online company? A. Expenses Center B. Accounting Center C. Sales Center D. Banking CenterWhich steps should be followed to set up the different types of payments accepted from clients? Gear icon> Account and settings > Payments Gear icon> All Lists > Payment Methods Gear icon> Account and settings > Sales =+New > CheckWhy did you select those customer accounts? also how to use a cell reference to enterthe answer for the 1st question? ( Whatis the dollar amount of total receivables? Use a cell reference to input your answer)
- Can you help me with these practice question with quickbooks please To begin connecting bank accounts from the Dashboard, which tab would you start with? A. The Business Overview tab B. Link Accounts C. REview Transactions D. Categorize You are reviewing downloaded bank and credit card transactions. Which action is NOT true: A. ADD - records the transaction in your register B. MATCH - records the transaction in your register C. SPLIT - allows you to choose more than one category for a transaction D. VIEW - shows you the transactions that are possible matchesplease i need help with quickbooks, please tell me in quickbooks where do i supposed to records those transactions at don't slove the problem just tell in where i record in quickbooks which quickbooks window supposed to record? whether: bill (enter bills window)credit (enter bills window)bill pmt - check (pay bills window)check (write checks window)invoice (create invoices window)payment (receive payments window)sales receipt (enter sales receipts window)deposit (make deposit window)general journal (make general journal entries window)inventory adjust (adjust quantity/value on hand window)sales tax payment (pay sales tax window)paycheck (pay employees window)liability check (pay payroll liabilities window)transfer (transfer funds between accounts window)credit card charge (enter credit card charges window)credit memo (create credit memos/refunds window)discounts (receive payments window) Jul 2 Received a six-month insurance policy renewal from General Insurance Co. for $1,200,…What are some fees that you can should be looking at BEFORE applying for a credit card?