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Question 1: You are considering two loans. The terms of the two loans are equivalent with the exception of the interest rates. Loan A offers a rate of 7.45 percent compounded daily. Loan B offers a rate of 7.5 percent compounded semi-annually. Loan _____ is the better offer because______:
A. A; you will pay less interest.B. A; the annual percentage rate is 7.45 percent.C. B; the annual percentage rate is 7.64 percent.D. B; the interest is compounded less frequently.E. B; the effective annual rate is 7.64 percent.
Prepare the journal entries(2) to record the partners' original investment.B. Zlonh and T. Short decide to form a partnership on October 1, 2017.
Hooper Manufacturing Company, Calculate the unit cost of Jobs 57 and 58.4. What is the balance in Work in Process Inventory at the end of the month?
Evaluate operating income for 20X7, assuming the firm uses the variable-costing approach to product costing. (Do not prepare a statement.)
nominal annual cost of trade credit.your company has been offered credit terms of 430 net 90 days. what will the
What is Alvear Corp.'s Operating Income for the year ended 12/31/2015 after correcting the mistakes? What was Clarke's Cash Flow from Operations
Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank.
Oriole Company just took its physical inventory. The count of inventory items on hand at the company. Compute the correct December 31 inventory.
When two companies in the same industry use different valuation methods, discuss the implications for a financial analyst.
To decrease the variance of a portfolio of assets, simply add assets with low/small variance. An investor who is in the 33% tax bracket is indifferent between a 9% tax-free muni and a 6% taxable bond. The standard deviation of a portfolio of assets i..
Find What selling price per unit is necessary to achieve this result? The firm wants to achieve a level of earnings before interest and taxes of $250,000.
Find What should you do if you want the standard deviation to rise to 23%. You would like the standard deviation to drop to 14%.
You borrow $1,800 at 6.5% for 14 months. You make a payment of $650. Using the US Rule, what is the balance due at the maturity/due date.
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