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In a recent city meeting, it was agreed that the city was going to build a new town hall. Long-term bonds, intergovernmental transfers, and public donations will be used to construct and maintain the building. The major discussion was how to record the donations meant to fund ongoing maintenance costs. One group wants to set up a permanent fund for the principle of the investments and use a special revenue fund to account for the earnings of the investments and their use. The other group wants to use a private purpose trust fund for the principle and interest. Address the following:
Most employees choose to eat their lunch in the cafeteria. Is there an agency cost here and if so, how can management eliminate or reduce this agency cost?
The Smith Company disclosed $1.2 million as extraordinary loss on its internal income statement this year. The footnotes to financial statements disclose following occurrences this year:
Alter Bridge Mfg., Inc., is currently operating at only 85 percent of fixed asset capacity. Current sales are $760,000. How fast can sales grow before any new fixed assets are needed?
The zero coupon bonds of D&L movers have a market price of $319.24, a face value of $1,000, and a yield to maturity of 9.17 percent. How many years is it until these bonds mature?
A $1,000 corporate bond pays 6.5% a year. What is the annual interest you will receive?
the federal reserve has decided that interest rates need to be increased to maintain low inflation in the economy. to
1. If Suzie chooses 3.1 percent APR financing for 48 months to buy the premium Mustang convertible, which costs $22,000 = PMT (45.088608) what will be her monthly payment?
Purchasing and Supply Management 14th edition by Johnson, Leenders and FlynnOther Requirements: "Using at least 3 or more Books and Journal Articles, discuss three significant issues that researchers must consider while trying to increase the ..
question 1asuggest which factors have the most significant impact on a financial-service institutions decision
Suppose security C has a payoff of $600 when the economy is weak and $1800 when the economy is strong. The risk-free interest rate is 4%
the shrieves corporation has 10000 that it plans to invest in marketable securities. it is choosing between atampt
tonys beach t-shirts has fixed annual operating costs of 75000. tony retails his t-shirts for 14.99 each and the
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