Practical Exercises in Commercial ArithmeticThe School, 1917 - 184 σελίδες |
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Σελίδα 62
... drawn April 29 and accepted May 2. What were the proceeds ? 32. Thomas Long Co. drew on R. H. White Co. June , 27 , 1907 , for $ 6600 , payable at 90 days ' sight , and remitted the draft to me to be credited on account . I presented it ...
... drawn April 29 and accepted May 2. What were the proceeds ? 32. Thomas Long Co. drew on R. H. White Co. June , 27 , 1907 , for $ 6600 , payable at 90 days ' sight , and remitted the draft to me to be credited on account . I presented it ...
Σελίδα 63
... draw my 60 - day note so that if discounted on its date the proceeds cancel the bill ? 41. The notes of a manufacturing company were selling " on the street " at a 10 % discount . Knowing their paper to be safe for an investment , I ...
... draw my 60 - day note so that if discounted on its date the proceeds cancel the bill ? 41. The notes of a manufacturing company were selling " on the street " at a 10 % discount . Knowing their paper to be safe for an investment , I ...
Σελίδα 64
... drawn so that , if discounted on its date , the proceeds will be a given sum . - Up to this po.nt in our work all notes for loans have been considered as drawn according to the custom among individuals , viz . , by making the sum loaned ...
... drawn so that , if discounted on its date , the proceeds will be a given sum . - Up to this po.nt in our work all notes for loans have been considered as drawn according to the custom among individuals , viz . , by making the sum loaned ...
Σελίδα 65
... drawn at 30 days for such a sum that when discounted on its date the proceeds of both notes will pay the debt . What shall be the face of the second note , the rate of discount in both cases being 5 % ? 5. For what sums must notes be drawn ...
... drawn at 30 days for such a sum that when discounted on its date the proceeds of both notes will pay the debt . What shall be the face of the second note , the rate of discount in both cases being 5 % ? 5. For what sums must notes be drawn ...
Σελίδα 67
... drawn . NOTE 2. - The interest on the sum of the items for one day , " as men- tioned in the rule , will frequently contain an awkward fraction . To avoid this , divide 6 times the sum of the interests " by the interest on the sum of ...
... drawn . NOTE 2. - The interest on the sum of the items for one day , " as men- tioned in the rule , will frequently contain an awkward fraction . To avoid this , divide 6 times the sum of the interests " by the interest on the sum of ...
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Συχνά εμφανιζόμενοι όροι και φράσεις
18 days 60 days agent annual interest April April 11 April 28 Average Date average investment balance due BANK DISCOUNT bbls bill of exchange Boston bought broker bushels capital cent charges Commission or Brokerage compound interest crates date of settlement debit debts decimal deducting demand note Divide dividend dollar duty expenses face Find Cash Balance Find the interest focal date fraction freight gain or loss given giving a discount guilders ILLUSTRATIVE EXAMPLE invoice July July 28 June June 12 long ton March March 16 March 31 marked price maturity MEASURE merchant mixed number Multiply paid in cash par value partner payable payment percentage pound Pound sterling premium principal profit quotation quotient received remainder RULE selling price Sept shares short ton sight draft sold storage subtract usual brokerage whole number worth
Δημοφιλή αποσπάσματα
Σελίδα 173 - LIQUID MEASURE 4 gills (gi.) = 1 pint (pt.) 2 pints = 1 quart (qt...
Σελίδα 15 - An Improper Fraction is one whose numerator is equal to or greater than its denominator ; as, f , -J.
Σελίδα 173 - Liquid Measure 4 gills (gi.) = 1 pint (pt.) 2 pints = 1 quart (qt.) 4 quarts = 1 gallon (gal...
Σελίδα 16 - To reduce a mixed number to an improper fraction, — RULE : Multiply the whole number by the denominator of the fraction, to the product add the numerator, and write the result over the denominator.
Σελίδα 123 - And the values so proclaimed shall be followed in estimating the value of all foreign merchandise exported to the...
Σελίδα 178 - TABLE. 12 Units = 1 Dozen . . . doz. 12 Dozen = 1 Gross . . . gro. 12 Gross = 1 Great Gross . G. gro. 20 Units = 1 Score . . . sc.
Σελίδα 21 - Multiply the numerators together for a new numerator, and the denominators together for a new denominator.
Σελίδα 45 - RULE. — Divide the given interest by the interest of the given principal for 1 year, and the quotient is the time.
Σελίδα 176 - A Cord of wood is a pile 8 ft. long, 4 ft. wide, and 4 ft. high ; for 8 x 4 x 4 = 128.
Σελίδα 169 - UNITED STATES MONEY is the legal currency of the United States. It consists of gold coins, silver coins, US Treasury notes, and national-bank notes.