Company A Company B 9/5/15/5 12/8/17/9 a. Calculate the single equivalent discount rate for each company? Note: Do not round intermediate calculations. Round your final answers to the nearest hundredth percent. Company A Company B Single equivalent discount rate % % b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice. O Company A O Company B

Company A Company B 9/5/15/5 12/8/17/9 a. Calculate the single equivalent discount rate for each company? Note: Do not round intermediate calculations. Round your final answers to the nearest hundredth percent. Company A Company B Single equivalent discount rate % % b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice. O Company A O Company B

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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QUESTION 3 XYZ Insurance Company uses class rating to determine the rate to charge for insurance. For one type of insurance the pure premium XYZ actuaries calculated is $75 per unit. If XYZ's expense ratio is 35%, what is the gross rate for this coverage? O a. $37.50 O b.$100.00 Oc. $75.00 d. $55.25
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Option A В -А C-B C-A -4500 -7500 -9000 -3000 -1500 -4500 1500 3000 3400 1500 400 1900 2. 2000 3000 3740 1000 740 1740 3 2500 3000 4114 50 1114 1614 8/C or AB/C 0.91 1.18 1.07 1.11 1.31 1.04 Your accountant has provided you with the table below comparing three alternatives using benefit-cost ratio analysis and an MARR of 6%, the best option is: Option A Option B O Option C There is not enough information provided. Year
Question 1 of 15 Waramy carpets has a policy of keeping a margin of 77% on their regular price carpets. On a recent sale day, Anwen bought a carpet that had been marked down by 55% for only $630. a. What was the regular selling price of the carpet? b. What was the Percent Markup on the discount price? Round to two decimal places if necessary