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Find the exact time of the loan

Problem 1. One manufacturer needs to calculate the net price of an order with a list price of $900 and a trade discount series of 10/8/5. Use the net decimal equivalent to find the net price.

Problem 2. Find the acid-test ratio for a business if the balance sheet shows the following amounts: cash, $32,776; receivables, $13,039; marketable securities, $0; current liabilities, $24,143.

Problem 3. A loan is made on January 16 and has a due date of October 12 during a leap year. Find the exact time of the loan.

Problem 4. To find the percent of total debt compared to total assets, divide the total liabilities by the total assets and write in percent form. Find the total debt to total assets for the bakery for 2012. See below:

Bakery Balance Sheet

December 31, 2012

Assets

Cash $1,951

Accounts receivable $4,214

Merchandise inventory $2,572

Total assets $8,737

Liabilities

Accounts payable $3,444

Wages payable $1,702

Total liabilities $5,146

Owner's equity

The owner's capital $3,591

Total liabilities and owner's equity $8,737

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## Q : Calculate the annual compound growth rate

Calculate the annual compound growth rate of the house price during the period when the house was owned by Robert G. Goldstein (since 2007).