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Question - Guava Corporation purchases an equipment on July 1, 2020. The equipment cash price is P79,000. Guava signs a deferred payment contract that provides for a down payment of P10,000 and an 8-year note for P103,472. The note is to be paid in 8 equal annual installments for P12,934. The payments include 10% interest and are made on June 30 of each year, beginning June 30, 2021.
Determine the carrying amount of the note payable on December 31, 2021?
Determine the total interest expense for the year ended December 31, 2021?
Purchases $450,000; Purchase Returns and Allowances $11,000; Purchase Discounts $8,000; and Freight-in $16,000. Determine net purchases and cost of goods purchased.
How many shares of stock will Don's need to sell in order to receive the $13.70 million it needs (round your answer to the nearest whole number).
The system requires an initial investment of $4.3 million, has a 20-year life, Compute the proposed investment net present value
After 3 years, it wants to add an additional $50,000 to the account. If the account continues to earn 4% interest, how much money will the company have
Wolfe Company has a? 5-year mortgage for $150,000 which requires 5 equal payments of principal plus interest. In the first year of the? mortgage, Wolfe will report this liability as? a:
How much revenue would Bohn Company report related to this contract on its income statement for the year ended December 31, Year 1
Immediately before the split, the company had 19.5 million issued common shares trading at $67.30 per share. How many shares did it have after the stock split
If you borrow from this person and pay him back in 30 days, what is the actual interest rate for your loan, in other words, what is the monthly percent yield
Accounts receivable 42,600. Discuss how any goodwill recognised by Tonic Ltd from the business combination, should be subsequently measured.
If you were an international investor, what concerns, if any, would you have about using the beta estimated relative to the Malaysian Index?
Total assets = $2,600; and Total operating capital = $2,277. How much free cash flow did Greentooth generate during the just-completed year
At Dalton Playground Equipment, the powder-coating process is a bottleneck. Typically, it takes approximately two hours to switch between jobs.
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