User Account

All Pages

What is the duration of the note in months

Assignment Help Accounting Basics
Reference no: EM131806477

Question - Douglas Company has a $51,000 note that carries an annual interest rate of 10%. If the amount of the total interest on the note is equal to $2,125, then what is the duration of the note in months?

Reference no: EM131806477

Questions Cloud

Calculate accounting break-even and cash break-even points : In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in calculating the cash break-even.
Analyze good health hospitals records : Analyze Good Health Hospital's records and itemize recent nosocomial infections that occurred within the past year.
What marriage date would you recommend for the loving couple : Based only on tax considerations, what marriage date would you recommend for the loving couple? How much would your choice save in taxes
What is unit cost for february in the assembly department : Plastic Molding, Inc.'s costing system utilizes two cost categories; direct materials and conversion costs
What is the duration of the note in months : If the amount of the total interest on the note is equal to $2,125, then what is the duration of the note in months
Find the economic service life of this new machine : A new machine would cost $18,000, have operating costs of $1,000 in the first year, Find the economic service life of this new machine.
Compute the value of this stock with a required return : Compute the value of this stock with a required return of 11.7 percent
What is the interdependence of global communities : What is the interdependence of global communities?
Which battery should Jean buy : Jean believes the batteries can be expected to last only for the guarantee period. She does not want to invest extra money in a battery unless she can expect.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Bradford manufacturing started production this month in

bradford manufacturing started production this month in department a with 7000 units. they currently have 6000 in

  Statements concerning consolidated financial statements

Which of the following statements concerning consolidated financial statements is true?

  Zhau manufacturing company has two departments machining

zhau manufacturing company has two departments machining and finishing. for a given period the following costs were

  Boxwell corporation purchased 60 percent of conway company

boxwell corporation purchased 60 percent of conway company on january 1 20x7 for a total of 277500. conway reported the

  Why you feel gasb accounting treatment is better or worse

Please select one interesting GASB accounting standard that is different than normal accrual accounting used for private enterprises and discuss why you feel the GASB accounting treatment is better or worse for the readers of the financial stateme..

  Prepare ingood form a statement of revenues

Prepare ingood form (proper heading, etc.) a statement of revenues,expenditures, and changes in fund balance for this fund for20X9.

  In 2007 15000 shares were authorized and 7000 shares of

the following is a summary of all relevant transactions of jackson day corporation since it was organized in 2007.in

  What items make up cost of goods sold

How does the calculation of cost of goods sold differ if you use a periodic inventory system versus a perpetual inventory system

  The service life of certain equipment was changed

The service life of certain equipment was changed from 8 to 5 years. If a 5-year life had been used previously, additional depreciation of $425,000 would have been charged.

  Create comprehensive work programs for the inventory

Consider and discuss the specific risks and nature of the company you will be auditing and create comprehensive work programs for the Inventory, Warehousing, and Payroll accounts and cycles.

  N is a sole proprietor of a business in the current year

n is a sole proprietor of a business. in the current year the business had gross income of 15000 and operating expenses

  Discuss the payback period and accounting rate of return

Determine the payback period and accounting rate of return. You must show all computations, formulas used

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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