Reference no: EM132795759
Problem 1 - Banana's business is booming, and it needs to raise more capital. The company purchases supplies on terms of 2/10 net 20, and it currently takes the discount. One way of getting the needed funds would be to forgo the discount, and the firm's owner believes she could delay payment to 40 days without adverse effects. What would be the effective annual percentage cost of funds raised by this action?
Problem 2 - Pineapple is considering relaxing its credit standards to encourage more sales. As a result, sales are expected to increase 15 percent from 300 canoes per year to 350 canoes per year. The average collection period is expected to increase to 40 days from 30 days, 360 days in a year, and bad debts are expected to double the current 1 percent level. The price per canoe is 850, the variable cost per canoe is 750 and the average cost per unit at the 300 unit level is 600. The firm's required return on investment is 20 percent. What is the net result of implementing the proposed plan?
Problem 3 - Alatiris uses 800 units of a product per year on a continuous basis. The product has carrying costs of 50 per unit per year and order costs of 300 per order. It takes 30 days to receive a shipment after an order is placed and the firm requires a safety stock of 7 days usage in inventory. What is the reorder point?
Problem 4 - Duhat has directly placed an issue of commercial paper that has a maturity of 60 days. The issue sold for 880,000 and has an annual interest rate of 12 percent. The value of the commercial paper at maturity is.
Problem 5 - Orange borrowed 200,000 for six months from the bank. The rate is prime plus 2 percent. The prime rate was 8.5 percent at the beginning of the loan and changed to 9 percent after three months. This was the only change. How much interest must Orange pay?
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Make the journal entry to record depletion
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Draw a graph of the marginal cost curve
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Describe the nationalism and the world stage
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What is the net result of implementing the proposed plan
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Make a bank reconciliation in proper form for the month
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At what amount should this asset be measured
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What is the purchase price of the device
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Examine the impact covid-19 has had on the phillipines navy
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