how much interest you will owe on your purchase.

Q: how do i figure out book value.

A: Note: To understand better, let us explain the book value in another format as provided by you.…

Q: What are the factors on which the cost of a loan depends?

A: Cost of loan are the expenses brought about by the borrower for taking the advance because of the…

Q: How to Use Compound Interest Factors for Annuities

A: Compound interest factor for annuities is used to compute the present and future value of annuities,…

Q: What is meant by the concept of “potential savings (profits)”?

A: Profit is the total revenues less all costs and expenses. In other words, profit is the net earnings…

Q: How do I calculate the interest in excel?

A: Please follow the whiteboard for calculations and formula to determine the appropriate interest…

Q: Sales Sales Revenue Less Sales Discounts Net Sales Cost of Goods Sold Gross Profit Operating…

A: Income Statement - Income Statement includes Revenue earned and Expenses incurred during the…

Q: The balance on a credit card, that charges a 10.5% APR interest rate, over a 1 month period is given…

A: Credit cards are debt instruments that are provided by financial institutions to individuals or…

Q: effect of purchase on account on current rattion

A: Current Ratio (CR): It is one of the liquidity ratios which measures the company’s ability to pay…

Q: How to daily invest and gain?

A: Daily investing and gaining is a risky approach because there's a high risk involved in trading of…

Q: What types of investments generate interest income and how is interest income reported?

A: Ans. Interest income is the earnings received in return of the amount deposited as investments.

Q: Explain how to calculate time interest earned.

A:

Q: rest that is converted into principal and thus, also earns interest?

A: Step 1   Simple interest is a fixed proportion of the principal amount borrowed or lent that is paid…

Q: 3 A teacher makes a one-time investment of $90000 in a retirement account for five years. The annual…

A: We are given: Amount invested (Present value) =90000 Rate=2.25% Number of years=5 We have to…

Q: Inventory, May 1 $ 156,000 Purchases (gross) 663,700 Freight-in 31,500 Sales revenue 1,061,800 Sales…

A: Formula: Net purchases = Gross purchases - Purchase discounts + freight in

Q: Accounting Equation Inspirational Inc. is a motivational consulting business. At the end of its…

A: Stockholder's equity refers the equity or capital introduced by the owner and it also includes…

Q: Problem 1 Purchase price of raw materials Rebates on raw material purchases P100,000 2,000 Import…

A:

Q: How one determines where to borrow or not? What factor into the decision making process?

A: The act of borrowing money or the sum of money borrowed by an individual, company, government, or…

Q: NANGUTANG started constructing a building for its own use on January 1, 2020. NANGUTANG provided the…

A: Effective Rate of Interest= Total Amount of Interest/Total Amount of Loan 2500000/30000000=8.33%

Q: What is the initial investment plus interest?

A: The total of initial investment and interest will give the total value or worth of the investment…

Q: how do you calulate interest income and interest expense

A: Interest Income : It is the total amount earned by an individual or an entity during a specific time…

Q: What are the basic steps that you must take to determine if you are able tomake a profit?

A: Profitability is a basic need and objective of every business. If company can able to make the…

Q: benefits account holders and borrowers for the Super Saver Account

A: The Super Savings Account is the updated version of a normal saving account This particular account…

Q: Items from the 2015 income statement, statement of retained earnings, and balance sheet of…

A: Workings: Total assets=Total liabilities+Shareholders equity$15,251=$7,183+Shareholders…

Q: Purchase price: $21,000 Down payment: $4,000

A: Amount of money borrowed = Purchase price of Car - Downpayment of Car

Q: How much was the profit before finance cost and income tax?

A: Cash Flow Statement is a part of the Financial Statement of a company. It literally means a…

Q: I need help calculating the interest earned on interest.

A: Calculate the future value as follows:

Q: What increases your credit score

A: Credit scores are given by banks to customers.Credit scores are very important to get credit from…

Q: What is meant by subjective discretionary income?How does it affect purchases?

A: Consumer is dealing with different types of income and expenses. All these would be considered on…

Q: Compute the goodwil (gain on bargain purchase)

A: Goodwill refers to the extra amount of consideration paid over the fair value of the net assets of…

Q: Describe the conditions that would make the use of advance-discounts appropriate.

A: Discount means a selling of goods or service below the price of goods. This reduction in price is…

Q: What is another way of saying "Interest earned on interest"?

A: "Interest earned on interest" means the interest earned on the interest amount which was earned on…

Q: Discuss the relationship among consumer savings, purchasing power, and inflation.

A: There is a relationship between the pace of inflation and the amount of money that people are able…

Q: Do you know how much tmes-Interest you have earned?

A: Pretax and before interest income may be used to pay the interest at a ratio of times the present…