Q: profit
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A: The journal entries are prepared to keep the record of day to day transactions of the business.
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A: Security deposit and initial direct cost shall not be considered as rental income
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A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
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You purchase one MBI March 120 put contract for a put premium of $10. The maximum loss that you borne will be ___
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- You buy one Hewlett Packard August 50 call contract and one Hewlett Packard August 50 put contract. The call premium is $1.25 and the put premium is $4.50. Your highest potential loss from this position is _________. A. $125B. $450C. $575D. unlimitedCalculate the short-term premium and refund for the policy (in $). AnnualPremium CanceledAfter CanceledBy Short-Term $510 25 days insured $ premium $refund3. Consider the buyer of a FRA 6-9. The contract rate is 6.35% on a notional amount of $10 million. Calculate the settlement amount of the seller if the settlement rate is 6.85%. Assume a 30/360 day count basis.
- Find the amount of each instalment in the hire purchase agreement summarized in the following table. [ Answer correct to the nearest cent] Selling Price Deposit Rate Years InstalmentPayablea. $600 $150 5% 3 monthlyb. $520 $20 8% 6 weeklyCalculate the short-term premium and refund for the policy (in $). Use Table 19-5, if necessary. AnnualPremium CanceledAfter CanceledBy Short-Term Premium Refund $570 25 days insured $ $A company has offered you credit terms of 3/20 net 60. The annual percentage cost to you of foregoing the discount is а. 54% b. 27% с. 18% d. 36% e. None of the above *Please show work!
- What is the 30-day forward premium/discount for GBP/CNY if the spot is 0.95 and the 1-month forward rate is 1.45. Please provide your answer in %.you berow S1000.00 on May 1, 2018, t 12% compounded ami aty, nd verest on the loan amou , wat de e The due dale i (Round down to the nearest day)by Given that: Spot rate 1 month forward 3 month forward £1/$1.6365-1.6385 0.005 0.0047 0.0003 -0.005 Required: Compute the cost of the forward cover to a customer who; Buys pounds one month forward i) ii) Sells pounds one month forward iii) Buys pounds three month forward iv) Sells pounds three month forward
- A finance company paid a merchant $3,975 for a conditional sale contract after discounting it to yield 18% compounded monthly. If the contract is for 20 monthly payments of $256.96 following a payment-free period, what is the time interval between the date of sale and the first payment? (Round your answer to the nearest month.) _____ monthsCost of giving up early payment discounts Determine the cost of giving up the dis-count under each of the following terms of sale. (Note: Assume a 365-day year.) b. 1/10 net 30.2 (TCO C) Your company has been offered credit terms of 4/30, net 90 days. What will be the nominal annual percentage cost of its nonfree trade credit if it pays 120 days after the purchase? (Assume a 365-day year.) a. 16.05% b. 16.90% c. 17.74% d. 18.63% e. 19.56%