Garden Co. uses the installment sales method. Garden Co. sells a good costing P10,000 for an installment sale price of P16,000. Garden Co. accepts old merchandise as down payment and gives the customer a trade-in value of P4,000 for this merchandise. The fair value of the old merchandise is P4,000. Subsequent cash collections during the period amount to P6,000. How much is the realized gross profit recognized in the year of sale? 3,750 5,966 6,333 6,667

Garden Co. uses the installment sales method. Garden Co. sells a good costing P10,000 for an installment sale price of P16,000. Garden Co. accepts old merchandise as down payment and gives the customer a trade-in value of P4,000 for this merchandise. The fair value of the old merchandise is P4,000. Subsequent cash collections during the period amount to P6,000. How much is the realized gross profit recognized in the year of sale? 3,750 5,966 6,333 6,667

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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Present and future values of 1 at 11% are presented below. PV of $1 FV of $1 PVA of $1 FVA of $1 1 0.90090 1.11000 0.90090 1.0000 2.1100 2 0.81162 1.23210 1.71252 2.44371 3.3421 3 0.73119 1.36763 4 0.65873 1.51807 0.59345 1.68506 3.10245 4.7097 5 3.69590 6.2278 6 0.53464 1.87041 4.23054 7.9129 Polo Publishers purchased a multi-color offset press with terms of $50,000 to be paid at the date of purchase, and a noninterest-bearing note requiring payment of $20,000 at the end of each year for five years. The interest rate implicit in the purchase contract is 11%. Polo would record the asset at: Multiple Choice $73,918. $123.918 Present and future values of 1 at 11% are presented below. PV of $1 FV of $1 PVA of $1 FVA of $1 0.90090 1.11000 0.90090 1.0000 1 1 2 2 0.81162 1.23210 1.71252 2.1100 3 0.73119 1.36763 2.44371 3.3421 4 0.65873 1.51807 3.10245 4.7097 5 0.59345 1.68506 3.69590 6.2278 7.9129 6 0.53464 1.87041 4.23054 Polo Publishers purchased a multi-color offset press with terms of…
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nku.4 give in table format or i will give you down vote
Based on the following table. Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD 30.25 30.55 EURUSD 5M FWD 38.03 38.43 EURUSD 6M FWD 45.91 47.2 EUR/USD Spot 1.1320 1.1328 What is the average annualized forward premium/discount for the EUR if you use the 4M forward contract (Format for answer: X.XX% or –X.XX%)
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Please note; $45,383,919.96 is not correct The options are: $47,554,834 $45,465,040 $46,556,397 $48,000,000
Present and future value tables of $1 at 9% are presented below: PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 1 0.91743 1.09000 0.91743 1.0900 1.0000 2 0.84168 1.18810 1.75911 2.2781 2.0900 3 0.77218 1.29503 2.53129 3.5731 3.2781 4 0.70843 1.41158 3.23972 4.9847 4.5731 5 0.64993 1.53862 3.88965 6.5233 5.9847 6 0.59627 1.67710 4.45892 8.2004 7.5233 How much must be invested now at 9% interest to accumulate to $10,000 in five years? Please dont provide solutions in an image format thank you
C = 250 + 0.30Y4 = 250 + 0.30(Y – T) I = 200 G = 500 T = 250 Key in all answers in 2-decimal places: The Marginal Propensity to Consume is 0.3 The Marginal Propensity to Save is 0.7 The Government Spending Multiplier is 1.43 The (absolute value) of the Tax-Multiplier is The Balanced Budget Multiplier is
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