Practical Exercises in Commercial ArithmeticH.E. Hibbard, 1908 - 180 σελίδες |
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Σελίδα 54
... face $ 200 ; balance on 30 days ' credit . Find the term of credit . 5. Dec. 27 sold A. S. Morrison & Bros. 100 bbls . flour at $ 4.75 , 60 bbls . flour at $ 4.37 . Received in payment their note at 60 days , dated Dec. 26 , for ...
... face $ 200 ; balance on 30 days ' credit . Find the term of credit . 5. Dec. 27 sold A. S. Morrison & Bros. 100 bbls . flour at $ 4.75 , 60 bbls . flour at $ 4.37 . Received in payment their note at 60 days , dated Dec. 26 , for ...
Σελίδα 62
... face of the draft ? 7. Oct. 5 , received from Driscoll & Co. , Chicago , Ill . , 500 bbls . Ex . Prime Mess pork to be sold for their account . Paid freight and drayage , $ 4.50 . Oct. 7 , forwarded them cashier's draft on Chicago for ...
... face of the draft ? 7. Oct. 5 , received from Driscoll & Co. , Chicago , Ill . , 500 bbls . Ex . Prime Mess pork to be sold for their account . Paid freight and drayage , $ 4.50 . Oct. 7 , forwarded them cashier's draft on Chicago for ...
Σελίδα 70
... face . 78. The TERM OF DISCOUNT is the time from the date of discount to the date of maturity . 79 . Demand notes cannot be discounted since there is no date fixed upon for their maturity . 80. In effecting settlements through the ...
... face . 78. The TERM OF DISCOUNT is the time from the date of discount to the date of maturity . 79 . Demand notes cannot be discounted since there is no date fixed upon for their maturity . 80. In effecting settlements through the ...
Σελίδα 72
... face , if it does not bear interest . If the note be given with interest its value at maturity is the face plus the interest for the time during which the note runs . The pupil is required to make a statement for each 72 COMMERCIAL ...
... face , if it does not bear interest . If the note be given with interest its value at maturity is the face plus the interest for the time during which the note runs . The pupil is required to make a statement for each 72 COMMERCIAL ...
Σελίδα 73
... Face , $ 4000 . Int . 6 % . Date , Dec. 1 , 1906 . Time , 6 mos . Discounted Jan. 31 , 1907 , at 5 % . Face Date Date of Accept . • Time Rate of Interest Interest $ 4000 . Dec. 1 , 1906 . 6 mos . 6 % . $ 120 . Maturity Value Maturity ...
... Face , $ 4000 . Int . 6 % . Date , Dec. 1 , 1906 . Time , 6 mos . Discounted Jan. 31 , 1907 , at 5 % . Face Date Date of Accept . • Time Rate of Interest Interest $ 4000 . Dec. 1 , 1906 . 6 mos . 6 % . $ 120 . Maturity Value Maturity ...
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15 days 60 days agent amount annual interest April April 17 April 28 Average Date balance due bank discount bbls bill August bill of exchange Boston bought broker bushels capital cent charges coffee Commission or Brokerage consignors crates debts decimal deducting discount of 20 Divide dividend dollar draft duty expenses face Find the cost flour focal date fraction freight gain or loss given giving a discount ILLUSTRATIVE EXAMPLE insured invoice July July 28 June June 12 June 24 list price long ton March March 16 March 31 marked price maturity MEASURE merchant mixed number Multiply NOTE paid par value partner payable payment percentage pound premium principal profit quotation quotient received remainder remitted RULE selling price Sept shares short ton sold storage subtract usual brokerage whole number worth
Δημοφιλή αποσπάσματα
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 175 - DRY MEASURE 2 pints (pt.) = 1 quart (qt.) 8 quarts =1 peck (pk.) 4 pecks = 1 bushel (bu...
Σελίδα 15 - An Improper Fraction is one whose numerator is equal to or greater than its denominator ; as, f , -J.
Σελίδα 177 - SQUARE MEASURE 144 square inches (sq. in.) = 1 square foot (sq. ft.) 9 square feet — 1 square yard (sq. yd.) 30^ square yards = 1 square rod (sq. rd.) 160 square rods = 1 acre (A.) 640 acres = 1 square mile (sq.
Σελίδα 173 - Troy Weight. 24 grains (gr.) - 1 pennyweight (dwt.) 20 pennyweights — 1 ounce (oz.) 12 ounces — 1 pound (1b.).
Σελίδα 178 - SURVEYORS' SQUARE MEASURE. 144. This measure is used by surveyors in computing the area or contents of land. TABLE. 625 Square Links (sq. 1. ) make 1 Pole P. 16 Poles " 1 Square Chain . sq. ch. 10 Square Chains " 1 Acre A. 640 Acres " 1 Square Mile . . sq. mi. 36 Square Miles (6 miles square)
Σελίδα 180 - TABLE. 12 Units = 1 Dozen . . . doz. 12 Dozen = 1 Gross . . . gro. 12 Gross = 1 Great Gross . G. gro.
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 171 - I 238. VALUE is the worth of anything, or what it will produce when sold. MONEY is the measure of value. 239. 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. 240. LEGAL TENDER is a term applied to money which may be offered in payment of debts. 241. The unit by which values are measured is the gold dollar of 25.8 grains. TABLE. 10 Mills = 1 Cent ^. or ct.