Netflix Subscription Scenario: Assumptions 5000 Netflix subscriptions were sold in January, February, and March. A Netflix subscription is $15.00 per month. Each Subscriber paid the full year's subscription. What would the Revenue for March be? What would get recorded as Deferred Revenue for March? Subscription Value Annual Subscription per Month Value Month January February March Revenue Recognition 15 Total 180 # of Subscriptions Sold 5000 5000 5000 15000 Monthly Revenue 75,000 150,000 225,000 Deferred Revenue 825,000 1,575,000 2,400,000
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- 1. Complete the following table: Purchase priceof product Downpayment Amountfinanced Number of monthly payments Amount of monthly payments Total of monthly payments Total financecharge Apple iPhone $301 $100 $ 12 $21.00 $ $Problem A DEF has total forecasted gross purchases of P4,500,000 relating to a major supplier for the coming year. The supplier is offering a credit term of 3/15, n/45. How much is the simple annual effective cost of paying on the 45th day? Problem B ABC can take a 45-day loan with a 15% interest deducted in advance, to be reapplied each time. How much is the simple annual cost of the loan? Problem C ABC’s bank offered a loan with conditions of a P5,000,000 face amount, 6-month term, 4% interest deducted in advance and bank charge of P30,000. How much is the compounded annual effective cost of the bank loan?unctions/Interface/acellus_engine.html?ClassID=201337525 YouTube n neredink Installment Loan Principal $4000.00 4 years Term Length Interest Rate 12% Monthly Payment $105.00 A. $40.00 Google Docs C. $24.00 A 0 C - Canva Wschool When the principal left on the loan is $2400, how much of the next payment will go towards interest? B. $81.00 D. $65.00 Google Docs O M O Sign out
- es of Finance | ZSpring20 spring21 Time left 1:25:4 If for the next 30 years you place OMR 3,610 in equal annual year-end-deposits into an account earning 11% per year, how much money will be in the account at the end of that time period? O a. OMR 797,496.56 O b. OMR 553,408.61 Oc OMR 34,836.90 Od. OMR 718,465.37 Oe OMR 31,384.59 CLEAR MY CHOICE NEXT PAGE CONTACT US P Type here to search %23 ort sc delete 8 - backspac G C V pause alt ctriQUANT REASONING (105A-... Ⓒ Untitled Assume that you take out a $4000 loan for 30 months at 8.5% APR. What is the monthly payment? (Round your answer to the nearest cent.) W WA Finance 2 - Borrowing Money and Paying Interest - 22/SU INTE.... $ If you make the payment you just calculated every month for 30 months, how much will you have paid altogether? $ $ If you make the payment you just calculated every month for 30 months, what is the dollar amount of interest paid altogether? If you make the payment you just calculated every month for 30 months, what is the percentage of interest paid altogether? Round the percentage to one decimal place. %Calculate APR by table lookup: (Round your answers to the nearest cent.) PurchasePrice DownPayment Number ofmonthly payments Amountfinanced Total Payment $5950 $150 40 $5800 $6900 APR 5.7 % - %
- X + on.com/Student/PlayerTest.aspx?testid=254687705 ase Stock | Pu... W Home- Workday a Amazon LINE 721757 Fashion Nova | Fash... SSHEIN The monthly payment is $ (Round to the nearest cent as needed.) Find the monthly payment needed to amortize-principal and interest for the fixed-rate mortgage. Use either the regular monthly payment formula or the given table. Loan Amount Interest Rate Term 25 years $210,500 10.5% Click the icon to view the Real Estate Amortization Table. Andrea Luc ...H2X Excavating LLC has a $100,000 line of credit at its bank. During the past 31-day month, the company has used $80,000 of this line of credit. The interest rate is 7% APR. a. What will the interest charge be for this month? b. For the upcoming 30-day month, management is projecting that for the first 10 days of the month the balance on the line of credit will be $80,000 and for the last 20 days of the month the balance will be $50,000. How much interest expense should management budget for the upcoming month? c. If the interest rate increased to 9%, what would the interest charge be for a 28-day month, if the entire line of credit was used for the entire month?You borrow $800 from a payday lending company and pay $40 interest for one month. What is the nominal annual interest rate? Group of answer choices 6% 79.6% 5% 60%
- Suppose you are borrowing $25,000 and makingmonthly payments with 1% interest. Show that themonthly payments should equal $556.11. The keyrelationships are that for any month t(Ending month t balance)= (Ending month t - 1 balance)- ((Monthly payment) - (Month t interest))(Month t interest) = (Beginning month t balance)x (Monthly interest rate)Of course, the ending month 60 balance must equal 0.upie Present -. Home | Dhofar Un Yu USS 105-Sec 4_Sp20-21 (Sun-Tu) board My courses / B105@4 Sp20-21 / General / Final Examination_Sp20-21 AYI l A stion 3 Quiz navi yet vered If you are expecting to get OMR 7100 at the end of 17 years. Calculate its present value if the discount rate is 2.5% computed monthly. ked out of Select one: 10 11 O a. None of the options lag stion 19 O b.2643.81 O c. 5643.81 28 29 3 d. 4643.81 Finish attemp O e. 7643.81 Time left 1:47 MI NOTE 10 LITE CC AI QUAD CAMERA evious page Next page 20Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?