2. Maagap Corporation’s suppliers sell merchandise to Maagap on… 2. Maagap Corporation’s suppliers sell merchandise to Maagap on terms of 60 days. Desp

2. Maagap Corporation’s suppliers sell merchandise to Maagap on… 2. Maagap Corporation’s suppliers sell merchandise to Maagap on terms of 60 days. Despite this fact, the corporation pays its accounts, on the average, in 40 days, so that its accounts payables average P150,000.The corporation is now considering payment of its payable to the end of the term in order to decrease its cash requirements.REQUIRED: How much is the expected increase in accounts payable if payments are delayed to the 60th day?2. King Company is negotiating with EnBank for a Pimillion, one-year loan. EnBank has offered King Company the following alternatives. Calculate the effective annual interest for each alternative. Which alternative is the most attractive?  a. A 10% simple interest loan, with no compensating balance required and interest due at the end of the year.   b. An 8 percent annual rate on simple interest loan, with 20% compensating balance required and interest due at the end of the year.   c. A 6% annual rate on a discounted loan, with a 20% compensating balance    d. a 4.5% add-on annual interest. payable in equal monthly installments.3. A company obtained a short term bank loan of P1million at an annual interest rate of 8%. As a condition of the loan, the company is required to maintain a compensating balance of P200,000 in its checking account. The checking account earns interest of 6% per annum. Before the loan was granted, the company maintained a balance of P50,000 in its checking account. Compute the effective interest rate for this loan. Accounting Business Financial Accounting ACCOUNTING 101 Share QuestionEmailCopy link Comments (0)

APA paper format

The American Psychological Association (APA) format is a widely used style for writing academic papers in the social sciences. The APA format provides specific guidelines for formatting papers, including margins, font size and type, spacing, and the use of headings. These guidelines ensure that papers written in the APA format are visually consistent and easy to read.
In the APA format, papers are typically double-spaced and written in 12- point Times New Roman font. The margins should be 1 inch on all sides, and the text should be left-aligned. Headings are used to organize the paper into sections, with different levels of headings used to indicate the hierarchy of information.
In-text citations are an essential aspect of the APA format, and they must be included whenever information from an outside source is used in the paper. The reference page is also an important component of an APA paper, as it lists all of the sources used in the paper. The reference page should be formatted according to the APA guidelines, including the use of a hanging indent for each reference and the use of italics for book titles.

It is important to note that the APA format is not just a matter of style, but it is also a way of communicating research findings and ideas. The use of the APA format helps to ensure that the information presented in a paper is clear, concise, and easy to understand.
In conclusion, the APA format is a widely used style for writing academic papers in the social sciences. It provides specific guidelines for formatting papers, including margins, font size and type, spacing, and the use of headings. By following the APA format, students can ensure that their papers are visually consistent, easy to read, and meet academic standards.

2. Maagap Corporation’s suppliers sell merchandise to Maagap on…          2. Maagap Corporation’s suppliers sell merchandise to Maagap on terms of 60 days. Despite this fact, the corporation pays its accounts, on the average, in 40 days, so that its accounts payables average P150,000.The corporation is now considering payment of its payable to the end of the term in order to decrease its cash requirements.REQUIRED: How much is the expected increase in accounts payable if payments are delayed to the 60th day?2. King Company is negotiating with EnBank for a Pimillion, one-year loan. EnBank has offered King Company the following alternatives. Calculate the effective annual interest for each alternative. Which alternative is the most attractive?  a. A 10% simple interest loan, with no compensating balance required and interest due at the end of the year.   b. An 8 percent annual rate on simple interest loan, with 20% compensating balance required and interest due at the end of the year.   c. A 6% annual rate on a discounted loan, with a 20% compensating balance    d. a 4.5% add-on annual interest. payable in equal monthly installments.3. A company obtained a short term bank loan of P1million at an annual interest rate of 8%. As a condition of the loan, the company is required to maintain a compensating balance of P200,000 in its checking account. The checking account earns interest of 6% per annum. Before the loan was granted, the company maintained a balance of P50,000 in its checking account. Compute the effective interest rate for this loan.                                                            Accounting                                                Business                                                Financial Accounting                            ACCOUNTING 101                                                                      Share QuestionEmailCopy link                              Comments (0)

APA paper format
  The American Psychological Association (APA) format is a widely used style for writing academic papers in the social sciences. The APA format provides specific guidelines for formatting papers, including margins, font size and type, spacing, and the use of headings. These guidelines ensure that papers written in the APA format are visually consistent and easy to read.
In the APA format, papers are typically double-spaced and written in 12- point Times New Roman font. The margins should be 1 inch on all sides, and the text should be left-aligned. Headings are used to organize the paper into sections, with different levels of headings used to indicate the hierarchy of information.
In-text citations are an essential aspect of the APA format, and they must be included whenever information from an outside source is used in the paper. The reference page is also an important component of an APA paper, as it lists all of the sources used in the paper. The reference page should be formatted according to the APA guidelines, including the use of a hanging indent for each reference and the use of italics for book titles.

It is important to note that the APA format is not just a matter of style, but it is also a way of communicating research findings and ideas. The use of the APA format helps to ensure that the information presented in a paper is clear, concise, and easy to understand.
In conclusion, the APA format is a widely used style for writing academic papers in the social sciences. It provides specific guidelines for formatting papers, including margins, font size and type, spacing, and the use of headings. By following the APA format, students can ensure that their papers are visually consistent, easy to read, and meet academic standards.

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