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Questions -
1) Rose invests $20,000 in a real estate deals and earns $400/month for the first year. What is her return on investment?
2) If you double your investment in a year, what is your ROI?
3) Dave wants to take a year off work and has determined to accumulate enough savings to be able to withdraw $1500/month during that year. He has 4 years to accomplish this goal and can earn 4 ¾% interest on his savings. How much does he need to deposit each month to achieve this goal?
4) What would your car payment be if you financed a car for $18,450 over 3 years at an interest rate of 5%? How would that payment change if you financed it over 5 years at a rate of 4%? Which is the better deal? Defend your answer.
5) MarV, Inc. is considering adding a new wing to their Assisted Living Facility. One option is to borrow the money on a 15-year mortgage at 7.5% APR. The total cost of the expansion is expected to be $3.3 million. What would their monthly payment on this mortgage be? What if they made annual payments instead, but had to pay 8.25%? Show the difference in payments and the difference in total costs. Suggest reasons for and against each alternative.
The dividend to preferred stockholders was not declared. The preferred stock is cumulative. Cali held 10,000 shares of common treasury stock throughout the year.
The last custodian of the petty cash fund was hospitalized. Based on what you have found, what journal entry should be recorded to replenish the fund?
Prepare the necessary journal entries for the years ending December 31, 2011, 2012, and 2013. Show all computations.
Question 1: A taxpayer dies on March 31, 2012. For estate tax purposes, what is the alternate valuation date for the taxpayer's estate?
Gerald Boards produces two kinds of skateboards. Gerald allocates production overhead using activity-based costing. Compute the per-unit cost for each product
on january 1 2004 graves inc sold a 1000000 8 10 year semi-annual bond to the public for 934960 yielding 9. determine
Determine the standard unit materials cost per pound for a standard batch. Round all per unit answers to nearest whole cent
Eugene, in addition, had non-business income of $80,000 from a transaction in Colorado, and $60,000 from a transaction in California. What amount is subject to formulary apportionment? What amount is subject to specific allocation, and to what state
below are the transactions for october. i need to create a journal entry general ledger and trial balance. i understand
What is a bargain purchase option? How does it differ from other purchase options?
Please indicate DR (debit) or CR (credit) to the left of the account title, and place a comma between the account title and the amount of the adjustment.
assume the company has 1000 units of this product left over from last year that are inferior to the current model. the
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