Jump & Play Inc. sold 10 outdoor playsets to BigMart Co.  The playsets are listed at $1,500 each; Jump & Play offered a trade discount of 10% to BigMart Co.  BigMart Co. retails the playsets to customers at a price of $1,800.  If Jump & Play sells the playsets to BigMart on account, what is the receivable per playset that Jump & Play should record?   Question 4 options:   $1,800   $1,350   $1,500   $1,620

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Subject: accounting

Toyota is offering free credit on a new $10,000 car. You pay $1,000 down and then $200 a month for the next 50 months. Nissan Motors next door does not offer free credit but will give you $9000 cash. If the rate of interest is 0.63% a month, which company is offering the better deal?   Select one: a. Nissan 9556 Cash b. Nissan- 9000 Cash c. Toyota- 9000 cash d. Toyota- 9556 Cash

Question 2: Mavericks Bookstore sells books before they are published. Today, they offered the book I love me some Finance for $14 but the book will not be published for another two years. Upon publishing, the price of the book will be $30.00. What is the discount rate (annual) Mavericks Bookstore is offering its customers for this book?

A couch is priced at $980.00 if bought for cash. On the stores installment plan, a down payment of $100 and 24 payments of $45 each are required. What is the finance charge?

Lights, Camera, and More sells filmmaking equipment. The company offers three purchase options: (1) pay full cash today, (2) pay one- half down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year. George is considering buying equipment from Lights, Camera, and More for $130,000 and therefore has the following payment options: Payment Payment in One Option 1 Option 2 Option 3 Required: Today $130,000 Year $ 0 Total Payment $130,000 65,000 0 71,500 149,500 136,500 149,500 1-a. Assuming an annual discount rate of 12%, calculate the present value and the total cost. 1-b. Which option's cost has the lowest present value? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Assuming an annual discount rate of 12%, calculate the present value and the total cost. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Payment…