User Account

All Pages

What is the annualized cost of the bank? loan

Assignment Help Accounting Basics
Reference no: EM133108389

Question - Paymaster Enterprises has arranged to finance its seasonal? working-capital needs with a? short-term bank loan. The loan will carry a rate of 15 percent per annum with interest paid in advance? (discounted). In? addition, Paymaster must maintain a minimum demand deposit with the bank of 8 percent of the loan balance throughout the term of the loan. If Paymaster plans to borrow ?$120,000 for a period of 4 ?months, what is the annualized cost of the bank? loan?

Reference no: EM133108389

Questions Cloud

Determine where to open fsers : How can you use demographic information to determine where to open these FSERs?
Prepare the journal entries of lid ltd to account for loan : The implicit interest rate is 5%. Lid estimated a 12-month expected credit loss of $5,000. Prepare the journal entries of Lid Ltd to account for the loan
Explain ethical values that marketers are expected : There are 6 ethical values that marketers are expected to uphold, and these are:
What are ethical implications : Your company has a very strict policy against taking office supplies for personal use. What do you do? What are the ethical implications?
What is the annualized cost of the bank? loan : he loan will carry a rate of 15 percent per annum with interest paid in advance? (discounted). What is the annualized cost of the bank? loan
What is the company dividend yield on common stock : What is the company's dividend yield on common stock if its asset turnover (ATO) is 0.9, payout ratio (POR) is 0.60, and price earnings ratio (PE ratio) is 12
What price would you expect se hahabol-habol stock to sell : SE Hahabol-habol's equity cost of capital is 18%, what price would you expect SE Hahabol-habol's stock to sell for at the end of three years
Discuss possible contract terms such as conditions : Discuss possible contract terms such as conditions, content, pricing arrangements, the differences between contracts for supplies and services, how public and p
What is the cerb benefit : CERB: What is the CERB benefit and how is it different from EI? What are the implications to employers who had part time or low wage workers that required at wo

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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