Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

what is the discount rate of a P80,000 loan if the net proceed is P73,550 that was paid in 9 months?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Wiley CIA Essentials Of Internal Auditing Part 1 Exam Review 2023

Authors: S. Rao Vallabhaneni

1st Edition

1119987148, 978-1119987147

More Books

Students also viewed these Accounting questions

Question

★★★★★

Why do you think Gallis swarm teams that were so successful with the power tools of Black & Decker did not apparently improve the operations of Newell Rubbermaid?

Answered: 1 week ago

Question

★★★★★

At December 31, 2010, before any year-end adjustments, the accounts receivable balance of Digital Electronics Company is $150,000. The allowance for doubtful accounts has a $6,800 credit balance....

Answered: 1 week ago

Question

★★★★★

Is accounting for call options any different if the options were to be held as hedge and not as investment?

Answered: 1 week ago

Question

★★★★★

Plexon Tire and Rubber Company claims that its Delton III tires have an average life of at least 50,000 miles. You take a random sample of 50 Delton III tires to test Plexons claim. The average life...

Answered: 1 week ago

Question

★★★★★

Question 1 Evan Guanzon owns and operates Guanzon's Pizza Express, Evan should record the cost of wages paid to store employees as a (an) O liability O asset. O expense. O revenue. In recording an...

Answered: 1 week ago

Question

★★★★★

1. A business organized as a separate legal entity is a a. corporation b proprietor c. government unit. d. partnership 2. Which of the following would not be considered an internal user of accounting...

Answered: 1 week ago

Question

★★★★★

Google your state's Powerball or megamillions and calculate the probability of winning the jackpot. Most sites report odds instead of probability, so you'll need to do a simple conversion. Share a...

Answered: 1 week ago

Question

★★★★★

Many countries took issue with the U . S . system of antidumping laws, in part because historically, the U . S . Commerce Department almost always ruled in favor of the U . S . company that filed the...

Answered: 1 week ago

Question

★★★★★

An angle bracket is built inon one side and has a rectangular load applied to its sloped face as shown in the diagram. A B 1 lb/in T 6 in C 18 in 8 in What counterclockwise couple moment do we need...

Answered: 1 week ago

Question

★★★★★

Marcus Johannsson is considering purchasing either a traditional whole life insurance policy or a modified - premium whole life insurance policy. In comparing these two types of policies, Mr ....

Answered: 1 week ago

Question

★★★★★

Case Study: IVEY Publishing Ashmark Corporation: Dealing with a Supply Disruption From the above case study please answer in detailed the below questions with APA references (in-text and citation)...

Answered: 1 week ago

Question

★★★★★

Technology.Teamwork. Select ten traditional and ten behavioral interview questions from this chapter or from Internet research. Thoughtfully consider how you would respond to the questions you chose...

Answered: 1 week ago

Question

★★★★★

Teamwork. Global. Form groups of three or four students.Each group will choose two countries from the following list: Japan,Mexico, Germany, Australia, Russia, India, or China. If you were...

Answered: 1 week ago

Question

★★★★★

Would you follow a direct or an indirect plan in writing a letter accepting employment? Explain your answer. (Objective 4)

Answered: 1 week ago

Previous Question Next Question