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A variable rate demand loan showed an initial loan balance of $12,000, payments of $5000 after 18 months, $4000 after 30 months, and a final payment after five years. Interest was 11% compounded semi-annually for the first two years and 12% compounded monthly for the remaining time. What was the size of the final payment?
One Small Grill Company is a start up firm with the following profile: Unit selling price = $ 230; Variable cost per unit = $ 130; Fixed costs = $ 36,000; and Tax rate = 40%. What number of units should the firm sell to achieve an after tax target..
Place yourself in the position of general manager of a service department. How might formally written job requirements help you manage your work unit?
a. Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 10 percent.b. How large must each annual payment be if the loan is for $50,000? Assume that the inte..
Harden Industries considers buying $3,650,000 equipment for producing rockets in Houston, TX. The equipment will have 7-year useful life and $2,000,000.
Describe the problem of resource allocation for this economy verbally as well as using equations and functions
the service unit or output for this department is the number of procedures performed. a static budget was prepared at
titan football manufacturing had the following operating results for 2008 sales 18450 cost of goods sold 13610
ZYX, Inc. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information.
A company has 8 million common shares outstanding priced at $14.625 each
Discuss ways that the basic concepts we have discussed in this chapter directly impact your life. Provide specific examples to support your response.
Is an annuity worth more or less than lump sum payment received now that would be equal to the sum of all the future annuity payments?
Your firm Dier-Streits is in the plumbing business. Lately things seem to be going down the tubes. Your firm's total asset value is estimated.
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