User Account

All Pages

A company borrowed 50000 cash from the bank and signed a

Assignment Help Accounting Basics
Reference no: EM13480594

A company borrowed $50,000 cash from the bank and signed a 6-year note at 7%. The present value factor for an annuity for 6 years at 7% is 4.7665. The annual annuity payments equal $10,490. The present value of the loan is:

$10,490
$11,004
$50,000
$52,450
$238,325

Reference no: EM13480594

Questions Cloud

How is this philosophical underpinning of the style of : questionbeginning in the 19th century artistic movements carry the suffix -ism to their name e.g. realism
During the first month of operation the corporation issued : a corporation was formed on january 1. the corporate charter authorized 100000 shares of 10 par value common stock.
Compute common-size percents for both companies using the : key comparative figures millions for both nikeand reebokfollowkey figuresnikereebokcash and equivalents 108.6
Beginning in the 19th century artistic movements carry the : question 1beginning in the 19th century artistic movements carry the suffix -ism to their name e.g. realism
A company borrowed 50000 cash from the bank and signed a : a company borrowed 50000 cash from the bank and signed a 6-year note at 7. the present value factor for an annuity for
Describe and evaluate the companys business strategy do you : refer to this companysannual reportfor its 2008 fiscal year. then answer the following questionsdescribe and evaluate
Installment notes payable that require periodic payments of : installment notes payable that require periodic payments of accrued interest plus equal amounts of principal result
Is return on investment satisfactory for a nike and b : key comparative figures millions for both nikeand reebokfollowkey figuresnikereebokfinancing liabilities
Explain your answer and identify one cost for each of the : use a selected company or your current work environment to identify at least one cost or expense that would fit under

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the economic rate of return on common stock

Which of the following formulas should be used to calculate the economic rate of return on common stock?

  What was the stockholders equity

On January 1, 2010, NWK, Inc.'s assets were $300,000 and its stockholders' equity was $140,000. During the year, assets increased $15,000 and liabilities decreased $10,000. What was the stockholders' equity on December 31, 2010?

  Find a journal article online about just-in-time inventory

find a journal article online about just-in-time inventory systems. in the subject line of your post include the title

  Accountants produce financial statements

During an entity's lifetime, accountants produce financial statements at arbitrary moments in time in accordance with which basic accounting concept?

  Avedo group has been in its factory for 20 years although

avedo group has been in its factory for 20 years. although the factory is quite functional numerous repair costs are

  Method of accounting for uncollectible accounts

What is the method of accounting for uncollectible accounts that is required when bad debts are significant in size?

  If the appropriate interest rate is 508 percent what is the

trigen corp. management will invest cash flows of 528382 286398 295100 818400 1239644 and 1617848 in research and

  General journal entries of wyrick company

Presented below is information related to Wyrick Company: Prepare the general journal entries necessary to record these transactions.

  Compute each projects payback period

Compute each projects payback period, indicating the mostdesirable project and the least desirable project using thismethod.

  What income from the investment in holister

Assuming Alison uses fair-value accounting, what income from the investment in Holister should be reported for 2015?

  Current provision for income taxes

Didde's effective income tax rate is 34% for 2011. What amount should Didde report in its 2011 income statement as the current provision for income taxes?

  The product was a stock item of your client

Merchandise costing $720 was received on December 28, 2012, and the invoice was not recorded. You located it in the hands of the purchasing agent; it was marked “on consignment.”

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd