What principal will make a profit of $71.99 at 8 ½% in 200 days?
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What principal will make a profit of $71.99 at 8 ½% in 200 days?
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- Given an annual credit sales value of 365 million; accounts receivable beg. 36.5 million, cost of goods sold of 240 million, and beginning inventory of 20 million, how long is the average colelction period? (assume 365 days in a year) a. 30 days b. 55.5 days c. 36.5 days d. 10 daysGiven an annual credit sales value of 365 million; accounts receivable beg. 36.5 million, cost of goods sold of 240 million, and beginning inventory of 20 million, how long is the average colelction period? (assume 365 days in a year)A principal of ₱86,000 will amount to how much when invested 2 years and 6 months at 11.25% interest?
- What would be the annual percentage yield for a savings account that earned $60.00 in interest on $1,000 over the past 365 days?An executive invests $22,000, some at 7% and some at 6% annual interest. If he receives an annual return of $1,420, how much is invested at each rate? Pls thanksYour company forecasts that next year's sales will be $59.00 million, Cost of Goods Sold (COGS) will be 85% of sales, and the Days Payables Outstanding (DPO) ratio will be 22.19. What is the forecasted accounts payable for next year?
- A 90-day bank bill with a face value $100,000 was purchased with a yield of 4.00%. If it is sold after 30 days at a yield of 4.50%, what dollar amount of interest was earned?suppose that $6,300 is invested at 3.1% annual intrest rate, componded monthly. how much money will be in the account in 9 months?What principal earning 16% compounded quarterly will grow to dollar 8,500 after six years and three months? A) dollar 448.66 B) dollar 22,659.61 C) dollar 3,188.49 D) dollar 3,361.68 E) dollar 3,147.71
- Suppose $15,000 is invested in an account with an APR of 4.5%. If the interest is compounded annually, how much interest is earned over the first 6 years? If the interest is compounded monthly, how much interest is earned over the first 6 years?-What principal will have a maturity of $6000 at 6.25% p.a. in 4 months?Your company forecasts that next year's sales will be $78.00 million and the Days Sales Outstanding (DSO) ratio will be 24.84. What is the forecasted accounts receivable for next year? Note: your answer should in millions of dollars..