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Problem
The RippUOff company offers a tax refund loan that charges Sam $55 for a refund loan of $550. The tax return is filed electronically and the refund to repay the loan is received in 2 weeks.
a) What nominal annual interest rate is being charged, assuming 52 weeks per year?b) What is the effective annual interest rate?c) What would be the effective annual rate if interest is 12% nominal annual interest, compounded continuously?
Compute Trumpeter's E & P for the year. What are the tax consequences of the two distributions made during the year to Donald (his stock basis is $74,000)?
Determine the average number of covers served per hour per server, and the average sale per server for the three-hour period.
fde manufacturing has a normal plant capacity of 37500 units per month. because of an extra large quantity of inventory
become an example of urban resurgence at a time when many of America's cities continue to undergo further decline and serious economic stress
Hemingway, Inc. applies factory overhead based on direct labor costs. The company incurred the following costs during 2011: direct materials costs, $650,000; direct labor costs, $3 million; and factory overhead costs applied, $1,800,000.
Explain why you agree or disagree with the following statement: "At issuance, all municipal insured bonds are insured by monoline insurers with a triple A rating."
Based on the following information, calculate the profit and loss you would make in each of the futures transactions listed in the Australian futures market.
budgeted overhead for cinnabar industries at normal capacity of 30000 direct labor hours is 4.50 per hour variable and
historically warranty expenditures have been equal to 4 of sales. total sales for the year were 650000. actual warranty
Differentiate the accrual basis of accounting from the cash-basis of accounting. Determine which method is acceptable for most business enterprises and justify your selection.
What is the total annual cost of ordering and storing XL-20 at the economic order quantity
Jenny Pike, assistant accountant for Blenheim Instruments Ltd, was finalising the balance sheet of the company
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