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Q: What would 500000 us in cash be equivalent in 2008?
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Continue Learning about Basic Math

If you buy a minivan you can pay 16500 cash or put down 5000 and make a 24 monthly payment of 676.35 how much would you save by paying in cash round to the nearest hundredth?

5000+(24x676.35) is 21232.40. -16500 is 4732.40 saving by just paying off in one goNote:That works out to something like 82%interest each month on the unpaid balance !


How do you calculate straight line rent?

Basically it is a difference between accrual and cash basis accounting. As an example terms of a 3 year lease are paying RS 20,000 immediately (not as a deposit but a payment) and then RS 3,000 a month for 3 years in a 3-year lease. Suppose this lease started 0n 3-1-08. Then on a cash basis the expense for the lessee (the person using the facilities and paying the rent) and the income for the lessor (the person who owns it and is collecting the rents) for the year 2008 is Rs 20,000 + 10 x (Rs 3,000) 0r Rs 50,000. However on an accrual basis you would use straight-line or the total payments over the lease life regardless of when paid divided by the time elapsed. So for the year 2008 the lessee would have expense of (20,000 + 36 x 3,000/36) x 10 or Rs 35,555 instead of Rs 50,000. Basically the up front payment has to be split equally over the 3 year period (straight line) instead of all counting in the first period.


Why do we have numbers?

So we can count our cash and so you have more to learn in school.


How much is 5 percent in cash?

5p out of £1 £5 out of a hundred 50p out of £10


What does the word insufficient mean?

It means not enough. E.g. The man couldn't get any cash from the machine as he had insufficient funds in his bank account.

Related questions

What insurance does nurses get?

Yes they get insurance they have to work dont they... they get at least 500000 in cash for dental and health care......lamo


Are NSF Checks considered cash or cash equivalent?

cash equalivant


You currently have a 500000 term policy as a Lucent Technologies retiree you are 61 and need cash Can I borrow against death benefits?

If you own (it is portable) the policy you can sell it. It is term so there is no cash value.


Is cash in bank- current is part of cash and cash equivalent?

cash in bank is current assests


When was Dirtee Cash created?

Dirtee Cash was created in 2008.


What are the ratings and certificates for Cash and Curry - 2008?

Cash and Curry - 2008 is rated/received certificates of: UK:15


Is inventory a cash equivalent?

Yes it depends of inventory nature if inventory can immediately be sold to sales then it is cash equivalent.


Why does the purchase of an item classified as a cash equivalent not appear on the statement of cash flows as an investing activity?

A cash equivalent is a short-term investment in marketable securities that can be sold very quickly (three days or less in an active exchange); its purpose is to provide some level of return on excess cash that would otherwise be sitting in a bank account. To that extent that the cash equivalent can be thought of as operating cash on hand, and not as an investment. If, on the other hand, a company bought marketable securities to hold for investment purposes over the long-term that would be investing. Given that the purchase of cash equivalents is related to operating activities it is accounted for in cash flows from operating activities. The investment in marketable securities "held for investment" would be treated as an investing activity.


What is the difference between Cash and cash equivalents and Cash provided by operating activities?

Difference between cash and cash equivalent is that cash equivalent is not cash like other cash but it is so liquid that it can be converted to cash immediately when required like marketable securities while cash provided from operating activities means cash generated by selling goods to customers.


What are the ratings and certificates for Johnny Cash's America - 2008?

Johnny Cash's America - 2008 is rated/received certificates of: Australia:PG


Who is cash warren married to?

Jessica Alba and Cash Warren were married in 2008.


When was Cash in My Pocket created?

Cash in My Pocket was created on 2008-12-01.