Furniture and Equipment (Net) Accounts Payable Accrued Expenses 80,000.00 252,000.00 26,000.00 10,000.00 Cash 90,000.00 Notes Receivable 54,000.00 288,000.00 Accounts Receivable (Net) Inventories 600,000.00 Unearned Income Prepaid Expenses 12.000.00 Morteage Pavable 80.000.00

Q: What is the nominal annual interest rate if the effective annual rate is 5.5% and compounding is…

A: In this question the compounding is continuous so the nominal rate needs to be converted to…

Q: How long would it take for your money to double if it's invested in an account with quarterly…

A: Here,ParticularsValuesPresent value (PV) $ 100.00Future value (FV) $ 200.00Interest rate9.50%Number…

Q: Where will you borrow money?  Justify your answer by showing all necessary calculations Choice A:…

A: Effective annual rate of DRSA Company (EAR) = ( 1+ i/n) n - 1 = ( 1+ 0.0466/2)2 -1 = (1.0233)2 - 1…

Q: Accounts receivables equal 45 days' credit sales. the coming year should see sales of 900,000 spread…

A: Days credit sales are the number of days will take to get payment from our accounts receivable. It…

Q: What real interest rate is offered by a savings account with a 13% nominal rate during a period of…

A: Nominal Interest Rate = 13% = 0.13Inflation Rate = 6% = 0.06

Q: Find the annual percentage yield for an investment at the following rates. (Round your answers to…

A: Annual percentage yield = [(1 + i/n)^n] - 1 where, i = nominal interest rate n = compounding period…

Q: site, find another.) Type in a nome price of $300,000. Leaving all other entries as they are, enter…

A: “Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…

Q: At 7.24% interest, how long does it take (in years) to quadruple your money. Answer to two decimals.

A: The concept of TVM refers to the interest-earning capacity of money because money earned earlier is…

Q: pose Find the exponential function that describes the amount in the account after time t, in year:…

A: Future value of amount today is amount being deposited and amount of compounding interest…

Q: If wages grew 5.00 percent, but inflation was 3.70 percent, what was the approximate real increase…

A: Given, Growth in wages 5% Inflation is 3.70%

Q: What is the total interest paid on a loan of $5,000 at APR = 8% for one year.

A: Loan amount (LV) = $5000 Interest rate (r) = 8% Period (n) = 1 Year

Q: Which do you​ prefer: a bank account that pays 9% per year​ (EAR) for three years or a. An account…

A: Future value refers to the value of the current asset at some future date due to inflation,…

Q: If the revenue last quarter was 3.87 million BRL and the expenses were 2.73 million USD, then what…

A: Profit margin = Profit / RevenueProfit = Revenue × Profit marginProfit = 3.87 million × 9.1%Profit =…

Q: What nominal rate per two-months is equivalent to an effective rate of 9.5% per year, compounded…

A: The nominal rate per two-months equivalent to an effective rate of 9.5% per year, compounded…

Q: What is the annual effective interest rate equivalent to a nominal rate of 12 percent a year? Yanıt:

A: The effective rate of interest is an important technique in the case of multi-period compounding. If…

Q: Assume a firm has a cash cycle of 54 days and an operating cycle of 77 days. What is its payables…

A: Operating cycle :— It is the sum of days in receivable and days in inventory.    Cash Cycle :— It is…

Q: The exponential growth function is P(1) =

A: a. The exponential growth function P(t)=A*e^rt P(t)= 15642*e^0.061*t

Q: a) Find the exponential function that describes the amount in the account after time t, in years. b)…

A: Information Provided: Principal = $18,982 Interest rate = 5.6% compounded continuously

Q: Finance. Suppose that $2,700 is invested at 4.6% annual interest​ rate, compounded monthly. How much…

A: To calculate the future value of an investment with compound interest, we can use the formula:FV =…

Q: required reserve ratio is 10%, how much a new $10,000 deposit can a bank lend? What is the pote

A: Introduction : In simple words, the amount of reserves that the federal authorities command the…

Q: How long will it take money to double if it is invested at 6.5% compounded daily?

A: To determine the time taken to double the investment at 6.5% compounded daily.

Q: How long would it take for a principal of P to triple if money is worth 6.5% compounded quarterly?…

A: The total worth of a series of equal, regular cash flows received or paid at regular intervals over…

Q: If sales is 1600,000 rupees and account receivable is 336000 dollar what will be receivable…

A: Accounts receivable: It can be defined as the amount owed by the customers from the business for the…

Q: If a credit card charges 1½% interest every month, what are the nominal and effective interest rates…

A: The effective annual rate of interest is the real return on the savings account when the effects of…

Q: How long does it take for an investment to double in value if it is invested at 5% compounded…

A: Assuming Investment = 100 Future value = 2*Investment = 200 Interest rate = 5% Continuous…

Q: What is the effective annual interest rate of a 8.4% bank loan compounded monthly

A: Effective is the annual interest rate after considering the impact of compounding on the interest…

Q: What is number of regular deposits ? What is final deposit one period later after last regular…

A: Formula used: Calculating principal and interest for each payment with compounded daily interest…

Q: How long it would take tk 150000 to double if it was invested in a bank at 6.5% interest rate?

A: Time taken to double the give amount can be calculated using future value formula.