Business, 30.09.2019 19:30 CreMoye967

Afirm offers terms of 1.6/10, net 60. a. what effective annual interest rate does the firm earn when a customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) effective annual interest rate 12.49 12.49 correct % b. what effective annual interest rate does the firm earn if the terms are changed to 2.6/10, net 60, and the customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) effective annual interest rate 21.20 21.20 correct % c. what effective annual interest rate does the firm earn if the terms are changed to 1.6/10, net 75, and the customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) effective annual interest rate 9.48 9.48 correct % d. what effective annual interest rate does the firm earn if the terms are changed to 1.6/15, net 60, and the customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:40, eamber646

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Answers: 3

continue

Business, 22.06.2019 03:00, avrieell8584

1) u. s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u. s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Answers: 2

continue

Business, 22.06.2019 06:30, coralaguilar1702

73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above

Answers: 2

continue

Business, 22.06.2019 11:20, greatsavagebeast

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Answers: 3

continue

You know the right answer?

Afirm offers terms of 1.6/10, net 60. a. what effective annual interest rate does the firm earn when...