Determining the Number of Days Loan Date Due Date Number of Days Actual Approximate 1. September 5 January 23 April 16 December 12 2. November 8 3. August 1 October 15 4. June 27 5. March 9 July 30

Q: What is seasonal dating?

A: It arranges the invoice date or the date at which the discount and credit period starts, to a time…

Q: _________________is an operating budget

A: The Answer :

Q: sum of the years digit method

A:

Q: Define Average collection period.

A: Definition:   Accounts receivable turnover: This is the ratio which analyzes the number of times…

Q: Amounts of interest depend on lengths of time.Explain how?

A: Interest is also dependent on the base of the length of time A loan taken for a long period of time…

Q: Describe techniques of percentage analysis

A: Percentage analysis: It is a method to denotes raw streams of numbers as a percentage for well…

Q: can i have the working outs, how did you work out each figure?

A: Income statement is a financial statement which is used to analysis the profitability of the firm…

Q: Define the term daily-balance approach?

A: The consideration of interest for a particular amount invested for a particular period is the…

Q: how were the percentages found

A:

Q: what is the CPR and SMM for PSA 0.75 and 1.50 in months 1, 10, 20, 30.

A: CPR (Constant Prepayment Rate) and SMM (Single Monthly Mortality) are commonly used metrics in the…

Q: Which is the proper time period to record the effect of a change in accounting estimated? A.…

A: Accounting is the process of work of keeping financial accounts. It is a process of recording…

Q: I am studying uniform series or annuities. Does the uniform series are continuous with respect to…

A: Annuity is the periodic instalment which is received or paid at regular intervals.

Q: Good afternoon Definition of Net amount expected to be collected.

A: When a firm sell goods and service to its  customer on credit ,such customer becomes the debtors for…

Q: What is maturity date?

A: Maturity dates are generally used in order to classify the securities as short term, medium term or…

Q: Do time lines deal only with years, or can other time periods be used?

A: The term time line refers to list of events which take place in chronological order. Timelines are…

Q: Time wages are paid on the basis of ______ Choose one: a) Actual Time b) Time Saved c) Standard Time…

A: This technique is most established type of installment to laborers. In this technique, compensation…

Q: Define annual report

A: Annual report It is a detailed report about the activities of an entity over the preceding year. It…

Q: What is difference between PERIODIC FIFO and PERPETUAL FIFO.

A: FIFO:   FIFO method is a method used for cost flow assumption mainly for the purpose of cost of…

Q: Are the non-GAAP measures calculated consistently from one period to the next?

A: Non-GAAP measurements are used by businesses to enhance their financial statements to communicate…

Q: a basis per

A: A basis period will be the time period for that a sole trader and the partnership pays the tax for…

Q: What is meant by maturity date?

A: Bonds are simply corporate debt units that are issued by firms and securitized as tradeable assets.…

Q: ________appears on the budgeted balance sheet?

A: The Answer

Q: Differentiate between continuous compounding and daily compounding?

A: Compounding refers to the calculator of interest in which interest is charged on principal plus the…

Q: _________________is a component in a financial budget

A: The Answer

Q: Time wages are paid on the basis of Select one: a. Actual time O b. Time saved O c. Standard time O…

A: Time wages are calculated by multiplying the wage rate by the number of hours worked by an…

Q: What processes can you use to update and maintain your monthly budget? Personal Fianance

A: Answer:- Personal finance  The term "personal finance" refers to all areas of money management,…