Calculate the annualized cost of the trade credit

Assignment Help Accounting Basics
Reference no: EM133081432

Question - Calculate the annualized cost of the trade credit terms of 1?/10?, net 30 when payment is made on the net due date? (assume a? 365-day year). The annualized cost of the trade credit terms of1?/10?, net 30 is      %.

Reference no: EM133081432

Questions Cloud

What is the amount to be debited to wip : Also, 42 hours are idle time. All workers were paid a regular rate of 55 per hour. What is the amount to be debited to WIP
What is the adjusted cost of goods sold : The materiality threshold is 5% of the combined ending balances of all accounts containing overhead. What is the adjusted Cost of Goods Sold
Compute the contribution margin per unit : Slams will sell for $275 per unit and cost $165.00 per unit in variable costs to make. Fixed costs total $70,000. Compute the contribution margin per unit
Calculate the number of Type-A and Type-B products : Calculate the number of Type-A and Type-B products that LMC should produce and sell to reach break-even point in 2021
Calculate the annualized cost of the trade credit : Question - Calculate the annualized cost of the trade credit terms of 1?/10?, net 30 when payment is made on the net due date? (assume a? 365-day year)
Prepare the journal entry to recognise required allowance : Rabbit Ear Pet Food Ltd traditionally has 35% of its sales in cash. Prepare the journal entry to recognise the required Allowance for Doubtful Debts
Calculate the amount of ending work in process inventory : Factory overhead is determined as 150% of direct material cost. Calculate the amount of ending work in process inventory
What is the probability of survival in year four : This reference entity faces a hazard rate of 26.98% each year. What is the probability of survival in year 4 for a 5-year CDS issued by this reference entity
How much is the legal capital : Accumulated profits and losses, P1,900,000; and subscriptions receivable-ordinary, P400,000. How much is the legal capital

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd