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Problem 1. Amin buys a four-year certificate of deposit (CD) which pays an annual rate of interest of 5%. If he puts RM3,900.00 in the CD, how much will he have when it matures? Problem 2. Kumar has deposited RM3,500 in bank account which pays 4% per year, and compounded monthly. How much will he have at the end of four years?
If you put $20,000 down today, what will your monthly payment be and what is the Effective Annual Interest Rate (EAR) on this loan?
Ivanhoe pays the accrual bond interest and calls the bonds. The call price is 101. Record the payment of interest and redemption of the bonds.
Evaluate Return on Equity for the company for the last three years using the DuPont analysis. How is the company financing its assets?
New plant is going to produce $205,000 for each of the next ten years in income how can that possibly be a negative net decision for the company
Calculate the level of sales. Current liabilities $200,000. Inventory turnover 6 times. Quick ratio 1.4. Current ratio 1.5. Gross Profit Margin .25
Determine whether the gallery should treat the donation as income. Further, if the donation is treated as income, how would that income be measured
How many orders should Ace in the Sleeve place next year? Ace in the Sleeve Co, an online retailer, sells decks of playing cards.
Prepare the department's equivalent units of production for direct materials for each of the three separate assumptions a, b, and c using the FIFO method.
The following information for the nine months ended September 30, 2013 was reported by OpenTable, Inc. Prepare the four basic financial statements for 2013.
Harrison Co. acquired 80% of the common stocks of James Co. on January 1, 2014. Prepare consolidation entries for December 31, 2015. Show calculations.
Company's assets are $300,000 and the its equity is 100,000. during the year, asset increase $800,000 and liabilities increase to $50,000.What is the equity?
Prepare an unadjusted trial balance for Webworks for October. On account, Webworks purchases fifty keyboards for $110 each and 100 flash drives for $12 each
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