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You are considering buying a $50,000 car. The dealer has offered you a 13.6 percent loan with 30 equal monthly payments. On questioning him, you find that the interest charge of $17,000 (or .136*$50000*2.5 years) is added to the $50000 for a total amount of 67000. The payments are $2233.33 a month. What is the approximate effective annual interest rate?
Calculate the Current ratio and working capital for the year ended December 31,2008
A company purchased 100 units for $20 each on January 31. It purchased 100 units for $30 on February 28. It sold 150 units for $45 each from March 1 through December 31.
How much of the total materials handling cost would be allocated to the specialty windows and what are the companys fixed expenses?
Describe the advantages of a sole proprietorship and a limited liability corporation - client choose an LLC or not? Explain your rationale.
Given this information, construct Dangerous Dragon's 2010 multi-step income statement. What did Dangerous Dragon, Inc. record as NET INCOME on its 2010 income statement?
Midwest Corp completed the following transactions in 2012, the first year of operation.
Interpreting results from the Du Pont system of analysis - assume the following data for Cable Corporation and Multi-Media, Inc
How do these changes alter your conclusion from Part A? Add this new analysis and discussion of the possible change to your memo.
What amount can be reported as the noncontrolling interest in the consolidated balance sheet on January 1, 20X9?
What will be the monthly payment and what will be the balance of the loan at the end of year 7
Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 1.5% of credit sales and prepare the adjusting entry to record Bad Debts
In addition, Moss and Kim have suggested that the operating agreement be written so that all matters are settled by majority vote, with each partner having a one-third voting interest in the LLC and if you were providing Kelly Herron counsel, what..
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