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Samson Corporation issued a 4-year, $75,000, zero-interest-bearing note to Brown Company on January 1, 2014, and received cash of $47,664. The implicit interest rate is 12%. Prepare Samson's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest.
Sketch and briefly describe the three stage organizational change model.
Financial markets are the forums in which buyers and sellers of financial assets
The actual market value of the lathe at that time also will be $100,000. The discount rate is 8%, and the corporate tax rate is 35%. What is the NPV of buying the new lathe?
For this assignment, we are interested in finding out whether participation in a creative writing course results in increased scores of a creativity assessment. For this part of the activity, you will be using the data file "Activity 4a.sav". In ..
Agler Company's Speedo calculator sells for $40. Variable costs per unit are estimated to be $28. What are the contribution margin per unit and the contribution margin ratio?
1. ramirez corporation sells two types of computer chips. the sales mix is 30 q-chip and 70 q-chip plus. q-chip has
On September 1, 2009, Health Wise International acquired a 12 percent, nine-month note receivable from Herbal Innovations, a credit customer, in settlement of a $22,000 account receivable. Prepare journal entries to record the following:
the brandilyn toy company manufactures a line of dolls and a doll dress sewing kit. demand for the dolls is increasing
Maggie Sharrer Company borrows $88,500 on Sept. 1, 2008, from Sandwich State Bank by signing an $88,500, 12%, one-year note. What is the accrued interest at Dec. 31, 2008?
Explain the difference between defined contribution and defined benefit pension plans. Defined contribution plans are becoming much more popular vs. defined benefit plans. Why is this?
A firm has current assets of $36,000, cash of $5,000, current liabilities of $20,000, total assets of $80,000 and total liabilities of $45,000, what is its net working capital
what are the components of the capital structure?what are the differences of these components?how do you determine the
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