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Question - You have graduated from college but unfortunately have $39,000 in outstanding loans. The loans require payments of $3,510 per year, which covers interest and principal repayment (that is, the loan has the same basic features as a mortgage). If the interest rate is 3 percent, how long will it take you to repay the debt? If the powers that be raise the rate to 6 percent, how many additional years will be required to retire the loans?
Two more payments of $100,000 each are also required on December 29, 2017 and 2018. Discuss effect that this event will have on company's financial statements
In the book value of the assets sold per instalment amounted to - capital interest of Kahel amounted to? loss absorption capacity of Kahel amounted to
What are some methods a business uses to determine if the activity is value added or not? How do you think business learn from customers (consumers) what is value added and what is not value added?
shulas 347 grill has budgeted the following costs for a month in which 1600 steak dinners will be produced and sold
Brown sold fed cattle in cash market for $56.5/cwt, offset his short position by buying June live cattle contract at $61/cwt. What is net hedged selling price
sam has promised to make four payments to joe. each paymentis in the amount of 1000. what is the present value of these
The Tread Company's December 31 financial statements reported the following (in millions): Cost of sales 21,944. What did Tread Company report for net income.
Pass Journal entries for the above transactions of Black and White ltd - Post them to the appropriate Ledger Accounts - Analyse the effects of the transactions on the accounting equation.
Bale paid $100,000 in direct combination costs, 550,000 in indirect costs, What is consolidated net income for 2013
A company has a defined benefit pension asset of $750,000 at the beginning of the year. Determine the value of the defined benefit pension liability
How much was the income from lease contract in the year the improvement was completed assuming Mr. Conte will report his income from leasehold improvement
On December 31, 2009, the Leslie Company held an investment in bonds of Kaufmann Company which it categorized as being held to maturity.
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