Carlos buys a cell phone that is paid with a 25% advance and a 3-month document with a nominal value of $ 3,800. He supposes that the interest rate is equal to the TIIE plus 10 percentage points and that on the day of the purchase the TIIE was 4.3% simple per year. Calculate: to. The price of the cell phone b. The interests that are generated
Q: What are the deltas of a call option and a put option with the following characteristics? Round your…
A: Here,
Q: A firm issues five-year bonds with a coupon rate of 6.1%, paid semiannually. The credit spread for…
A: Par value (FV) = $100 Coupon rate = 6.1% Semi annual coupon amount (C) = 100*0.061/2 = $3.05 Years…
Q: 4. Chapter 9 Homework
A: Prepare journal entry to record the issuance of bonds:
Q: Problent 3 Assume the following relates to the Candy Corporation for the month of July Job No. 101…
A: Predetermined Overhead Rate = Manufacturing OverheadDirect Labor Cost
Q: Chapter 5 Job Order Costing 149 Problem 7 The following inventory data relate to Abner Corporation.…
A: Answer 1 Direct Material Purchased = Ending raw material + direct material used - beginning raw…
Q: 7. Homework Chapter 10
A: Preferred stock: The stock that provides a fixed amount of return (dividend) to its stockholder…
Q: Sarasota Company reported the following information for 2019: October November December Budgeted…
A: Cash collection budget:— This budget is prepared to estimate the collection of sales from customers…
Q: Blossom Manufacturing makes a single product. Budgeted manufacturing costs are as follows Variable…
A: Manufacturing costs are those which are incurred by the entity in the making of the goods. These…
Q: 8. Homework Chapter 10
A: Common stock refers to the shares of a company which are issued by company to general public for…
Q: Whispering Co. prepares monthly financial statements from a worksheet. Selected portions of the…
A: Adjusting entries is important for organizations to follow the accrual principle. These entries help…
Q: d. ratio analysis. B. A firm has liabilities of P30,000 and owner's capital of P90,000. The…
A: The accounting equation states that assets equals to sum of liabilities and shareholders equity.
Q: 2. Chapter 9 Homework. Help
A: Prepare journal entry for the issuance of bonds:
Q: CHAPTER CASE Stock Valuation at Ragan, Inc. agan, Inc., was founded nine years ago by brother sister…
A: Valuation of Stock: It is a method that employs conventional formulas to estimate the stock value…
Q: 7. Discuss the difference between production items, expense items, and capital items.
A: In order to understand the difference between the three we need to understand the nature of these…
Q: 2. Homework Chapter 10
A: In Stock split offers are given to the present investor's in extent of their current offers. It is…
Q: Number 8
A: The operating cash flows help to measure the cash generating ability of a company from its core…
Q: 6. Homework Chapter 10
A: March 1 Journal entry:
Q: QUESTION 8 The information below relates to inventory item Z. 1 50 units held in opening inventory…
A: AVCO method means average cost method where cost of all units in hand in added up and divided by…
Q: 5. Homework Chapter 10
A: Record January 1st transaction.
Q: 3. Chapter 9 Homework
A: Prepare journal entry to record the issuance of bonds:
Q: On January 2, 2020, Zyrus Company sold equipment with a carrying amount of P480,000 in exchange for…
A: Carrying value is considered as the cost of an asset minus accumulated depreciation. It is regarded…
Q: Match each item on the left to the appropriate cash flow classification on the right. (You may use…
A: The statement of cash flows records all the sources and use of the cash in the business during a…
Q: c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation…
A: Depreciation is an accounting practice that distributes the expense of tangible assets throughout…
Q: Which of the following is correct about control risk? Select one: a. None of the above b. It is the…
A: There are different types of risk in audit. Control risk is type of one such risk.
Q: 4. Homework Chapter 10
A: Common stock: Common stock is the instrument used by the company for raising funds from the general…
Q: 7) If Supla Dah renegotiates the contract at a price of $10 per cake, compute for EBIT. 8)lf the…
A:
Q: 3. Homework Chapter 10
A: Stockholders’ equity is the measure of assets staying in a business after the sum total of the…
Q: Keep-or-Drop Decision Charlevoix Company produces three products: Torch, Elk, and Walloon. A…
A: Net profit refers to the term which is used in accounting and it states the amount of profit which…
Q: 1. Homework Chapter 10
A: Dividends:This is the amount of cash distributed to stockholders by a company out its earnings,…
Q: Your firm needs a computerized machine tool lathe which costs $50,000 and requires $12,000 in…
A: If the machine is sold above book value there will be capital gain tax which would reduce cash flow…
Q: Which of the following is correct about control risk? Select one: a. None of the above b. It is the…
A: Control risk is the risk that a material misstatement in the financial statements will not be…
Q: The Bedrock Company is a manufacturer of golf clothing. During the month, the company cut and…
A: a. Date Particulars Debit (P) Credit (P) a. Work in process 1,24,00,000…
Q: You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The…
A: Portfolio Beta : The portfolio beta is the sum weight of each security multiply by individual beta…
Q: Kyralei Co. manufacture golf carts and other recreational equipment. One order for RAGC Corporation…
A: The cost of manufacturing a product is determined by adding material, labor and overhead costs. The…
Q: 9. All encumbrances and liens shown on the title report, other than those waived or agreed to by the…
A: All encumbrances and liens shown on the title report, other than those waived or agreed to by the…
Q: On the first day of its fiscal year, Chin Company issued $20,400,000 of 5-year, 10% bonds to finance…
A: Bonds payable refers to a type of long-term debt that a company or organization issues to borrow…
Q: EPS calculations Southland Industries has $60,000 of 5.6% (annual interest) bonds outstanding, 1,800…
A: The Earnings per share is the left-over earnings for the equity holders for their share in the…
Q: Comprehensive Problem 4-58 (LO 4-1, LO 4-2, LO 4-3) (Algo) [The following information applies to the…
A: Answer:- Taxable income refers to the portion of an individual's or a business's income that is…
Q: An employee earns $40 per hour and 1.75 times that rate for all hours in excess of 40 hours per…
A: Gross Pay = Regular Pay + Overtime Pay Net Pay = Gross Pay – FICA Tax – Federal Income Tax
8
Step by step
Solved in 5 steps with 2 images
- Jarret loans Adam RM 300 for a weekend trip to Las Vegas. Adam agrees to pay Gary RM 320 in one month. What is the annual interest rate Gary is receiving? Krishna gets RM63.75 every six months from an investment which pays 4.25% compound interest annually. How much money does he have invested (that is, what is the principal amount)? Define ‘Time Line’. Set up a time line to illustrate the following situation: You currently have RM2, 000 on hand and would like to invest in a three – year certificate of deposit that pays 4 percentAn aunt gifts you with $12,000, but only after you invest it for one year. She givesyou two choices.1. Invest the entire sum at 4.2% compounded monthly.2. Invest $1000 at 7.1% each month in an annuity that pays every month.(a) What is the future value of the money invested with method 1?(b) How much interest is earned with method 1?(c) What is the future value of the money invested with method 2?(d) How much interest is earned with method 2?(e) Which method would you choose?Tristan Sandino is selling his motorcycle. He has been offered $500 cash plus monthly payments of $250 for 3 years, followed by $150 monthly for the next year. What is the net present value of these payments (NPV)? Assume money is worth 1.2% compounded monthly. Round to the nearest cent.
- Your classmate tells you the details of the great deal he got on his mortgage: 30-year 1.1% fixed rate with a 20% down payment a.)If his new home costs $136,000, what is his down payment? b.)How much is he going to borrow to buy the house (assuming he only has the money to make the down payment from the previous part)? c.)Use Excel’s PMT function to determine how much his monthly payments would be. d.)How much will he pay in interest over the lifetime of this mortgage?You plan to purchase a S100,000 house using a 30-ycar mortgage obtained from your local credit union. The mortgage rate offered to you is 8.25 percent. You will make a down payment of 20 percent of the purchase price. 1. (LG 7-4) a. Calculate your monthly payments on this mortgage. b. Calculate the amount of interest and, separately, princi- pal paid in thc 25th payment. e. Caleulate the amount of interest and, separately, princi- pal paid in the 225th payment. d. Calculate the amount of interest paid over the life of this mortgage.Boris wants to save $27,000.00 for the down payment on a house. He already has $2,700.00, and he will make bi-weekly deposits for the next 2 years (at the end of each period). The interest rate is 1.225% compounded monthly. How much will the bi-weekly deposits be? a) This question deals with the value of an annuity b) There will be payments. The payment period is c) The payment amount is $ d) The effective interest rate per period is % e) The present/future value is $
- You plan to purchase a $310,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 5.10 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage. b. (1) Construct the amortization schedule for the mortgage. b. (2) How much total interest is paid on this mortgage?You plan to purchase a $100,000 house using a 30-year mortgage obtained from your local credit union. The mortgage rate offered to you is 8.25 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage. b. Calculate the amount of interest and, separately, principal paid in the 25th payment. (pls show solution)You plan to purchase an $80,000 house using a 15-year mortgage obtained from your local bank. The mortgage rate offered to you is 8.00 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage.b. Calculate the amount of interest and, separately, principal paid in the 127th payment.c. Calculate the amount of interest and, separately, principal paid in the 159th payment.d. Calculate the amount of interest paid over the life of this mortgage.
- Sureshna wants to save $450,000.00 to book a space flight on Virgin Galactic. She makes deposits of $38,956.65 every six months into an investment account (at the start of each period) and it will take 5 years to reach the target. What is the nominal interest rate r26) on the investment account? a) This question deals with the value of an annuity b) There will be payments. The payment period is c) The payment amount is $ d) The nominal interest rate is e) The present/future value is SRuth borrowed P200,000.00 with 20% simple interest rate from ABC bank. At the time the money was borrowed, the interest was deducted. After a year, Ruth has to pay P200,000.00. What is the actual interest rate? Assessment 1) Compute the simple interest of P125,000.00 at 4% for 18 months. 2) Compute the future value of P84,000.00 at 8 ½ % for 5 years. 3) Find the simple interest rate of an initial amount of P76,000.00 for 3 years with an interest of P5,700.00. 4) If you are to lend money with simple interest, one with P146,050.00 at 3.7% for 8 years and the other one with P164,400.00 at 2.8% for 9 years, which one will earn more? 5) How long will it take P6,000.00 to double at 10% simple interest?A bank offers to pay you 6 percent compounded monthly. Franco decide to invest 1 million pesos for one year. What is the future value of your investment if interest payments are reinvested at 6 percent?