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Wage Garnishers, Inc. has sales for the year of $50,300 and cost of goods sold of $23,700. The firm carries an average inventory of $4,800 and has an average accounts payable balance of $4,400. What is the inventory period?
12.39 days18.68 days31.29 days73.92 days81.36 days
Two years ago your corporate treasurer purchased for the firm a 20-year bond at its par value of $1,000. The coupon rate on this security is 8 percent. What will be the amount of your gain or loss over the original purchase price? What do we call t..
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Which of the following best defines incremental earnings?
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TasteeFruit Corporation is a small producer of fruit-flavored frozen desserts. For many years its products have had strong regional sales on the basis of brand recognition.
Explain what effect will the purchase of the CX700 have on Illingham's net income over the next 10 years and what effect will the purchase have on Illingham's cash flows?
Find the present value of $3,600 under each of the following rates and periods. (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)
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