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BioGen Company, a small biotechnology firm, would like to borrow a loan to purchase laboratory equipment for gene splicing. The loan carries an interest rate of 8% per year and is to be repaid $396,719 at the end of 6 years. How much is the loan?
a. $200,000
b. $226,088
c. $245,236
d. $250,000
e. None of above.
cowbird inc. refines and sells gasoline in the united states. of the gasoline it sells about 4 is refined in louisiana
the good sounds corp. is attempting to get a better estimate of the cost of their products. as a first step they are
carmack company has credit sales of 2.6 million for year 2011. on december 31 2011 the companys allowance for doubtful
The new boss had little appreciation for all types of information. Use textbook terms to describe the type of information he embraced, and the type he rejected. How might this be explained and changed?
comodo ltd. plans to triple its marketing budget next year which will increase overall fixed costs by a total of 10.
Assume that the bonds are redeemed on December 31, 2014, at 102. 1. Calculate the gain or loss on bond redemption.
Prepare the journal entry, if any, Required on January 1. Prepare the journal entries, if any, Required on January 2 through 10. Prepare the journal entries, if any, Required on January 12.
What is the net present value of the investment, assuming the required rate of return is 24%? Would the company want to purchase the new machine?
a dubois inc. has completed the purchase of new dell computers. the fair value of the equipment is 825400. the purchase
What is the after tax cost of preferred stock that sells for $10 per share and offers a $1.20 dividend when the tax rate is 35%?
on july 1 2013 apache company sold a parcel of undeveloped land to a construction company for 5000000. the book value
assume a corporation has earnings before depreciation and taxes of 117000 depreciation of 45000 and is in a 35 percent
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