Whatchamacali Sports (B). Whatchamacalle Sports (Whatchamacalit) is coming bidding to sell 5103.000 of ski equipment to Phang Family Enterprises of Seoul Korea. Payment would be due in six months Since Whatchamacal carnet ind good credit information on Phang Whatchamacalit wants to protect its credit risk is considering the following financing solutions Aternative 1 Phang's bank issues a letter of credit on behalf of Phang and agrees to accept Whatchamacalid's draft for $103.000 due in six months The acceptance fee would cost Whatchamaca $500 plus reduce Phang's available credit tone by $103.000 The banks acceptance note of $103.000 would be sold at a 2 per annum discount in the money market. Aternative 2. Whatchamacalit could also buy export credit insurance from FCIA for a 1 & premiu finance the 103,000 recevable from Phang from a credit line at 50% per un interest. No corporating bank balance would be required What Is Whatchamacallis annualized percentage all in cost of each othernative? What are Phang's costs for heative 27 c. What are the advantages and deadvantages of wernative 2 compared to the bankers acceptance financing in alternative 1? Which alterative would you recommend? NOTE Asume aday you) a. What is Whatchamacall's annulled percentage in cost of sachaluative? Ahurative ankets ceptance financing The decoat on the sale of acceptance is Round to the nearest cert) Calculate the net proces below and to the nearest cent) Alternative 1 Face amount of me Less centelee Les discount on sale of cance Emer any number the others and then continue to the next questo Whatchamacali Sports (Y). Whatchamacali Sports (Whatchamaca) is considering bidding to sell 5103,000 of ski equipment to hang Family Enterprises of Seoul, Korea Payment would be due in six months Since Whatchamacalle cannot find good credit information on Phang Whatchamacalit wants to protect its credit risk. It is considering the following financing solutions Alemative 1 Phang's bank luns a letter of credit on behalf of Phang and agrees to accept Whatchamacall's dealtfor 103.000 doe in six months. The acceptance foe would cost Whatchamaca $500 ps reduce Phang's available credu Ine by $10,000 The banks'acceptance note of $103,000 would be soldata per annum discount in the money market Alternative 2 Whatchamacalit could also buy export credit insurance from FCIA for a 14% premium Inance the 103.000 receivable from Phang from its credit line at 56% per annum interest. No compensating bank balance would be required a. What is Whatchamacas med percentage ab in cost of each tematie? b. What are Phang's costs for alterative 2? c. What are the advantages and disadvantages of alternative compared to the bankers acceptance financing in tamative 1? Which alternative would you recommend? (NOTE Asume a 360-day year) Alternative 2. export credit instance The interest expense on the credit line is $2384 Round to the nearest cont) Calculate the net proceeds below Round to the nearest cent) Alternative Face amount of note 5 10300C Loss credit insurance to $ Les interest on creden 5 Net proceeds 58670 The anar a la de Enter any number the entields and men continue to the next question Whatchamacali Sports (B). Whatchamacal Sports (Whatchamacalit) is considering bidding to sell 5103.000 of ski equipment to Phang Family Enterprises of Seoul, Korea. Payment would be due in ste months since Whatchamacalit cannot find good credit Information on Phang Whatchamacalit wants to proted its credit risk it is considering the following financing solutions Alternative 1 Phang's bank hesa letter of credit on behalf of Phang and agrees to accept Whatchamacalles droit for 5103,000 due in six months. The acceptance fee would cost Whatchanacal 5500 plus reduce Phang's available credit line by $100.000 The bankers acceptance note of $100.000 would be sold ta per annum dhcount in the money market. Alternative 2. Whatchamacalit could also buy export credit insurance how FC Bora 1.4% premium It finances the 5103 000 receivable from Phang from scredit line at 56% per annum interest No compensating bank balance would be required a. What is Whatchamacali's wed percentage all in cost of each alternative? b. What are Phang's cost for aherative 2? c. What are the avantapes and disadvantages of aterative 2 compared to the bankers' acceptance financing in abonativo 1? Which akorative would you recommend What are the advantages and disadvantages of alternative 2 compared to the bankets' accordance financing in aternative 1? (Select all the chokes that apply DA. The utized percentage olin cont of uning hs credit Ine would cost Whatchamacali mehmore than with the borders acceptance The red percentage of using a credine would cost Whatchamacall us with the bankers acceptance WC. We atat 2. Prang would avoid the 3560 cost of pertinge ter of credit and radicals a atable conde hat could be that the sale of kupeen huet could be prepardod Plung ally orde to rotato Dmit te poti for Whatchamacal to increase its id tored one or to the baca conference Which teative would you recommend Select from the ice-dow Aternative is the beer choice Whatchamacali Sports (B). Whatchamacalle Sports (Whatchamacalit) is coming bidding to sell 5103.000 of ski equipment to Phang Family Enterprises of Seoul Korea. Payment would be due in six months Since Whatchamacal carnet ind good credit information on Phang Whatchamacalit wants to protect its credit risk is considering the following financing solutions Aternative 1 Phang's bank issues a letter of credit on behalf of Phang and agrees to accept Whatchamacalid's draft for $103.000 due in six months The acceptance fee would cost Whatchamaca $500 plus reduce Phang's available credit tone by $103.000 The banks acceptance note of $103.000 would be sold at a 2 per annum discount in the money market. Aternative 2. Whatchamacalit could also buy export credit insurance from FCIA for a 1 & premiu finance the 103,000 recevable from Phang from a credit line at 50% per un interest. No corporating bank balance would be required What Is Whatchamacallis annualized percentage all in cost of each othernative? What are Phang's costs for heative 27 c. What are the advantages and deadvantages of wernative 2 compared to the bankers acceptance financing in alternative 1? Which alterative would you recommend? NOTE Asume aday you) a. What is Whatchamacall's annulled percentage in cost of sachaluative? Ahurative ankets ceptance financing The decoat on the sale of acceptance is Round to the nearest cert) Calculate the net proces below and to the nearest cent) Alternative 1 Face amount of me Less centelee Les discount on sale of cance Emer any number the others and then continue to the next questo Whatchamacali Sports (Y). Whatchamacali Sports (Whatchamaca) is considering bidding to sell 5103,000 of ski equipment to hang Family Enterprises of Seoul, Korea Payment would be due in six months Since Whatchamacalle cannot find good credit information on Phang Whatchamacalit wants to protect its credit risk. It is considering the following financing solutions Alemative 1 Phang's bank luns a letter of credit on behalf of Phang and agrees to accept Whatchamacall's dealtfor 103.000 doe in six months. The acceptance foe would cost Whatchamaca $500 ps reduce Phang's available credu Ine by $10,000 The banks'acceptance note of $103,000 would be soldata per annum discount in the money market Alternative 2 Whatchamacalit could also buy export credit insurance from FCIA for a 14% premium Inance the 103.000 receivable from Phang from its credit line at 56% per annum interest. No compensating bank balance would be required a. What is Whatchamacas med percentage ab in cost of each tematie? b. What are Phang's costs for alterative 2? c. What are the advantages and disadvantages of alternative compared to the bankers acceptance financing in tamative 1? Which alternative would you recommend? (NOTE Asume a 360-day year) Alternative 2. export credit instance The interest expense on the credit line is $2384 Round to the nearest cont) Calculate the net proceeds below Round to the nearest cent) Alternative Face amount of note 5 10300C Loss credit insurance to $ Les interest on creden 5 Net proceeds 58670 The anar a la de Enter any number the entields and men continue to the next question Whatchamacali Sports (B). Whatchamacal Sports (Whatchamacalit) is considering bidding to sell 5103.000 of ski equipment to Phang Family Enterprises of Seoul, Korea. Payment would be due in ste months since Whatchamacalit cannot find good credit Information on Phang Whatchamacalit wants to proted its credit risk it is considering the following financing solutions Alternative 1 Phang's bank hesa letter of credit on behalf of Phang and agrees to accept Whatchamacalles droit for 5103,000 due in six months. The acceptance fee would cost Whatchanacal 5500 plus reduce Phang's available credit line by $100.000 The bankers acceptance note of $100.000 would be sold ta per annum dhcount in the money market. Alternative 2. Whatchamacalit could also buy export credit insurance how FC Bora 1.4% premium It finances the 5103 000 receivable from Phang from scredit line at 56% per annum interest No compensating bank balance would be required a. What is Whatchamacali's wed percentage all in cost of each alternative? b. What are Phang's cost for aherative 2? c. What are the avantapes and disadvantages of aterative 2 compared to the bankers' acceptance financing in abonativo 1? Which akorative would you recommend What are the advantages and disadvantages of alternative 2 compared to the bankets' accordance financing in aternative 1? (Select all the chokes that apply DA. The utized percentage olin cont of uning hs credit Ine would cost Whatchamacali mehmore than with the borders acceptance The red percentage of using a credine would cost Whatchamacall us with the bankers acceptance WC. We atat 2. Prang would avoid the 3560 cost of pertinge ter of credit and radicals a atable conde hat could be that the sale of kupeen huet could be prepardod Plung ally orde to rotato Dmit te poti for Whatchamacal to increase its id tored one or to the baca conference Which teative would you recommend Select from the ice-dow Aternative is the beer choice