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Question: Assume you take out a car loan of $8,600 that calls for 48 monthly payments of $300 each.
a. What is the APR of the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Use a financial calculator or Excel.) APR %
b. What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) EAR %
Liquidating dividend is when some or all of the business has been sold. Can a wrong dividend policy bankrupt a firm?
What is the firm's level of inventories? Enter your answer in dollars. For example, an answer of $1.2 million should be entered.
Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year (i.e., D1 = $0.50). The dividend is expected to grow at a constant rate of 7 percent a year. The required rate of return on the stock, rs, is 15 percent. What is the..
Equipment $ 13600. Supplies 900, Note payable 6900, Rent expense 550, Cash 2900, Drawing 0, Service revenue 11200, Accounts receivable 6200, Accounts payable 3000 and Capital 4950. Prepare the balance sheet solution.
goldfarb cancer research institute just received a 3 million gift to cover the salary for a permanent research
1. usco a domestic corporation has worldwide taxable income of 1500000 including a 300000 dividend from forco a
1. the least expensive form of permanent insurance protection isa. term.b. straight life.c. limited payment.d.
Find out the payment necessary to amortize loan of $10,000 if interests rate is 8% compound quarterly and there are 20 quarterly payments.
Choose something simple enough to convey in a short message. Using the direct plan, put your main point up front, and be sure to use a clear, specific subject line to capture attention.
alicia sold her personal residence to rick on june 30 for300000. before the sale alicia paid the real estate taxes of
Allen Lumber Company had earnings after taxes of $620,000 in the year 2009 with 410,000 shares outstanding on December 31, 2009.
How effective do you think quantitative tools have been at measuring and assessing risk over the past several years? Why?
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