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Question - On January 1, 2020, James Co. received a 10%, five year note from a customer. Interest is paid every December 31. The note has a face value of 12,000,000. The effective rate on the date of the receipt of the note was 12%. Determine the initial amount of the note.
Use the defining formula to compute the sample standard deviation s. (Enter a number. Round your answer to two decimal places.)
At a price of 41,999 the prevailing interset rate at that time was 6% if he sells bonds today what is the taxable capital gain he would relaize?
Akers Company, a 100% owned subsidiary of Muhs Corporation, sells inventory to Muhs at a 30% profit on selling price. The following data are available pertaining to inter-company purchases by Muhs.
An income property is under evaluation for purchase with a $515,000 loan. With the overall discount rate of 15%, what is the net present value for this property
If Matt makes a payment of $1,800 now, when should he make a second payment of $1,700 if money is worth 8% compounded quarterly?
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers that it uses in its budgeting and performance reports—the number of courses and the total number of students. The Gourmand Cooking ..
Guehler Electric sold $ 2,928,000 , 11 %, 10-year bonds on January 1, 2014. - Guehler Electric uses the straight-line method to amortize bond premium or discount.
Ram Electric Company is being considered for acquisition by Cavalier Electric. Determine the present value of the expected future cash inflows
Investors buying the bond currently will earn a yield to maturity of 10.00 per cent. At what price will the bonds sell in the marketplace? Explain
Tom and Alice have 30 acres of prime farmland that they have inherited a few years ago. At the time, the market value was $150,000. Tom and Alice have been holding the land as a investment. It is currently appraised for $190,000 with a outstanding mo..
Sally has taxable income of $160,000 as of November 30 of this year. She wants to sell a Rodin sculpture that has appreciated $90,000 since she purchased it six years ago, but she does not want to pay more than $15,000 of additional tax on the transa..
Compute the actual return on the plan assets for 2017. Fair value of pension plan assets, December 31, 2017 2,858,000.Contributions to the plan in 2017
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