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Question - A variable rate demand loan showed an initial balance of $12 000, payments of $5000 after 18 months, $4000 after 30 months, and a final payment after 5 years. Interest was 11% compounded semi-annually for the first two years and 12% compounded monthly for the remaining time. What was the size of the final payment?
Hall paid an attorney $2,000 in year one in a suit to collect the alimony owed. What amount should be reported in Hall's year one return as alimony income
mcbean company has outstanding 11 million shares of 1 par value common stock and 1.1 million shares of 3 par value
murphy company plans to produce 50000 units in march and 60000 units in april. each unit requires 6 pounds of direct
Prepare the journal entry to record the purchase of the bond, Prepare the journal entries to record the interest received
Briefly explain the significance of the acquisition date and the date of exchange and outline how the consideration (in a business acquisition) is calculated when the acquisition of the target company is carried out in stages.
For the FY 2016, balance sheet included the following current items: cash $40,000, Determine the Working Capital and Quick Ratio
Give two reasons why most organisations use an annual period rather than a weekly or monthly period to compute budgeted indirect-cost rates?
Venzuela Company's net income for 2017 is $50,000. Compute diluted earnings per share. (Round to nearest cent.)
Evaluate the key elements that should be included in plan, including a justification as to how element is likely to protect corporate assets and minimize risk.
Discuss the following concepts comparing the GAAP to the IFRS. What is revaluation of plant assets? When should revaluation be applied
What is meant by "earnings persistence"? How might managerial incentives affect the analysis of earnings persistence
starsky is an internal auditor and the lead on the companys fraud risk assessment. in the past he and hutch an accounts
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