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Alex loans Nomar $200,000 at a rate of 4% nominal interest convertible quarterly. They agree that Nomar will repay the loan by making quarterly payments. These payments will each be $25,000 except for the last payment which will be a drop payment. Find the total length of the loan and the amount of the final payment.
Assuming Jackie never returns to claim the purse, who gets possession of the purse and its contents, assuming the purse is (a) lost, (b) mislaid, or (c) abandoned?
Classify the following costs as product costs (PC) or period expenses (PE).
1. assume the following the real risk-free rate r is expected to remain constant at 3. inflation is expected to
the bear corporation will begin business operations on january 1 2012. below is the anticipated sales budget in
Show journal entries for Demi being admitted into the partnership.
a company produces bird food. during april itproduced147 batches of food each batch weighing 100 lbs. to produce this
1. a perpetual record of a raw materials item that records data on the quantity and cost of units purchased units
randolph company produces two fountain pen models. information about its products follows product a product b sales
hart manufacturing operates an automated steel fabrication process. for one operation hart has found that 45 of the
The amount of the proceeds from the issuance that should be accounted for as the initial carrying value of the bonds payable would be.
Excess of tax depreciation over book depreciation, $40,000. This $40,000 difference will reverse equally over the years 2011-2014. Deferral, for book purposes, of $25,000 of rent received in advance. The rent will be earned in 2011.
Prepare in good form an income statement for Virginia Slim Wear. Take your calculations all the way to computing earnings per share.
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