Question 9 0.6 points Sav The total interests charged on a $90,000 note payable, at the rate of 6% on a 3 months no...
89. The interest charged on a $90,000 note payable, at the rate of 6%, on a 90-day note would be a $5,400. b. $2,700. c. $1,350. d. $900. TO 94. Equipment with a cost of $300,000 has an estimated salvage value of $20,000 and an estimated life of 4 years or 10,000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 2,700...
The total interest charged on a $300,000 note payable, at the rate of 8%, on a 60-day note would be: Select one: a. $17,776. b. $6,000. c. $24,000. d. $4,000.
On 9/1/18, signed a note payable of $5,000, with interest rate
of 6%. Interest only payment is due on 12/31. FYE is 10/31.
On 9/1/18, signed a note payable of $5,000, with interest rate of 6%. Interest only payment is due on 12/31. FYE is 10/31. Date 9/1/18 10/31/18 12/31/18
Question 3 (30 Points) (a) Assume that So 10 EUR and r price of a 9-months European put option with strike K 8 EUR is 2 EUR Compute the price of a 9-months European call option with same strike and same underlying. Which relation did you use? (b) A 6-month European call option on a non-dividend-paying stock is cur- rently selling for $3. The stock price is $50, the strike price is $55, and the risk-free interest rate is 6...
Question 7 (2 points) The accrued interest for a three month note payable of $10,000 dated December 1, 2017 at an interest rate of 6% is $150 on December 31, 2017. True False
On December 31, 2020, Blossom Corp. had a $9-million, 9%
fixed-rate note outstanding that was payable in two years. It
decided to enter into a two-year swap with First Bank to convert
the fixed-rate debt to floating-rate debt. The terms of the swap
specified that Master will receive interest at a fixed rate of 9%
and will pay a variable rate equal to the six-month LIBOR rate,
based on the $9-million amount. The LIBOR rate on December 31,
2020, was...
As of 12/31/19, Bayern Corp. had a $100M 3% (annual) fixed-rate note outstanding which is payable on 12/31/23. On 1/1/20, Bayern decides to enter into a 4-year interest rate swap with Juventus Bank. Bayern will receive fixed payments (of 3%, annual) and pay a variable rate based on LIBOR. Assume that interest payments on the note and settlement on the rate exchange are semiannual. The LIBOR-based rate on 1/1/20 is also 3% (annual). The LIBOR-based variable rate is reset every...
QUESTION 3 0.6 points Save Ans ^ lf B = .2 -6 j + 2 k and C-2 i -2 j-3 k , which of the following numbers is closest to the magnitude of C × B ? 017 ○ 13 O 25 O 21 09
3. (9%) 3. (9%) Our forecast of sales (S) during the next 6 months is expressed as a probability distribution shown to the right. Do your calculations within the bordered space and type your answers in the spaces indicated. 100 200 300 400 Ps) 0.03 0.04 0.05 0.06 (a) What is the probability that sales will exceed 800? (b) Compute the expected value of sales. 500 0.07 (c) Compute the standard deviation of sales. Display the formula in cell 122....
Accounting question
Exercise 9-3 Accounting for note payable LO P1 Sylvestor Systems borrows $145,000 cash on May 15 by signing a 120-day, 7%, $145,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note. 2-b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity. Complete this question by entering your answers in...