describers are provided below for six situations incloving notes rec.pdf

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describe/list Procter and Gamble\'s international involvement and its international product mix Solution Procter and Gamble is a company having an international presence. This company has such a wide presence that its has its presence from Europe to Asia. The company is diversified in its product nature and has almost multiplied its product. This is one of those companies that is involved in constant innovation and market penetration. The company decides on the type of product to be marketed before penetrating a particular market. The natural conditions, market conditions, political conditions, economical conditions, societal practices are all studied so that the right product is introduced to the right people. Take for example a hair spray is of no value where people cover their hair with turban or a scarf, but in those places a shampoo will be a good product chosen to market. So like wise P&G works on a strong marketing strategy using which it penetrates the market segment. It does not sell the same products in all the countries. Take for example Vicks is banned in USA but it is the top selling product in India. So the the international product mix depends on the place where it is marketed..

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describers are provided below for six situations incloving notes recievable being discounted at a
bank in each case the majority date of the note is decemeber 31 2016 and the princible and
interest are due at maturity for each determine the proceeds recieved from the bank on a
discounting note
note Facevalue date of note iinterest rate date discounted discount rrate
1 50,000 3/31/2016 8% 6/30/2016 10%
2 50,000 3/31/2016 8 9/30/2016 10%
3 50,000 3/31/2016 8 9/30/2016 12%
4 80,000 6/30/2016 6 10/31/2016 10%
5 80,000 6/30/2016 6 10/31/2016 12%
6 80,000 6/302016 6 10/30/2016 10%
Solution
Note Face value date of note interest rate maturity date Maturity period Interst on Maturity
Maturity proceeds Date discounted Unexpired days Discount rate Discount Amount Net
Proceeds=Maturity Amt -Discount amt 1 50,000 3/31/2016 8% 12/31/2016 275
3,013.70 53,013.70 6/30/2016 184 10% 2,672.47 50,341.23 2 50,000
3/31/2016 8% 12/31/2016 275 3,013.70 53,013.70 9/30/2016 92 10% 1,336.24
51,677.46 3 50,000 3/31/2016 8% 12/31/2016 275 3,013.70 53,013.70 9/30/2016 92
12% 1,603.48 51,410.22 4 80,000 6/30/2016 6% 12/31/2016 184
2,419.73 82,419.73 10/31/2016 61 10% 1,377.43 81,042.30 5 80,000
6/30/2016 6% 12/31/2016 184 2,419.73 82,419.73 10/31/2016 61 12% 1,652.91
80,766.82 6 80,000 6/30/2016 6% 12/31/2016 184 2,419.73 82,419.73
10/30/2016 62 10% 1,400.01 81,019.72

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