Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You are the owner of four Taco Bell restaurant locations. You have a business loan with Citizens Bank taken out 60 days ago that is due in 90 days. The amount of the loan is $50,000, and the rate is 9.5% using ordinary interest.You currently have some excess cash. You have the choice of sending Citizens $35,000 now as a partial payment on your loan or purchasing an additional $35,000 of serving supplies such as food containers, cups, and plastic dinnerware for your inventory at a special discount price that is "10% off" your normal cost of these items.
problem (a) How much interest (in $) will you save on this loan if you make the partial payment and don't purchase the additional serving supplies? (Round your answer to two decimal places.) problem (b) How much (in $) will you save by purchasing the discounted serving supplies and not making the partial payment? (Hint: Find the difference of the savings on the supplies and the potential savings on the loan found in part (a). Round your answer to two decimal places.) problem (c) What other factors should you consider before making this decision?
Cite two examples of circumstances in which a government may find it necessary to record deferred revenues in governmental type funds?
The preferred stock pays an annual dividend of $5 per share. DiCenta' tax rate is 40%. Compute DiCenta' 2010 diluted earnings per share
Income taxes are not considered in this problem. What is the net present value of the investment assuming the required rate of return is 10 percent? Would the company want to purchase the new machine?
Assume that the quantity demanded at the price calculated in part a is only 600 units. What is the full cost of the globe
the devon motor company produces motorcycles. during april the company purchased 8000 batteries at a cost of 10 per
Compute the amount Indigo should report as net cash provided (used) by investing activities in its 2020 statement of cash flows
mary willis is the advertising manager for bargain shoe store. she is currently working on a major promotional
combining the following information compute the total amount of 1 cash flow from investing activities and 2 cash flow
Analyze the ethical dilemma presented above by using the Analytical Model for Ethical Decisions Determine the facts of the situation (the who, what, where)
Question - Preparing and posting journal entries; preparing a trial balance. The company completed client services for $10,200 on credit
One of the primary differences between U.S. GAAP and international accounting standards is that the use of LIFO is permitted for U.S. companies. How does LIFO affect a company's financial results?
Suppose the market interest rate is 10%. Calculate the Price of the bond and indicate whether it is discount bond or premium bond
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd