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Tom would have received his tax refund of $1,000 in full exactly 9 days after he filed his return. Because he was desperate for cash, he instead turned to Now-Cash to get his refund immediately. Now-Cash charged him $50 to advance his tax refund. So, he received $950 immediately and signed an agreement to have his tax refund deposited into the Now-Cash's bank account. Assuming a 360-day year, what is the effective annual rate of interest that he was charged for the tax-refund advance?
Consider the case where a company has U.S. $100,000 worth of excess material for exchange, and explain the technicalities of the procedure. No word limit.
At year-end 2011, total assets for Harley Davidson Inc. were $1.9 million and accounts payable were $340,000. Sales, which in 2011 were $2.5 million, are expected to increase by 20% in 2012.
HowRu, a private card business and its subsidiary, have a 14% share of the greeting card market. The card business is subject to seasonal cycles, with sales being highest during the holiday season. For this assignment, please complete the followin..
In its 2006 yearly report, the coca-cola company reported sales of $24.09 billion for fiscal year 2006 and 23.10 billion for fiscal year 2005. The firm also reported operating income of 6.31 billion
Refer to the financial statements and notes of the company you've selected to analyze. Research and answer the following:
discuss the factors that determine the attractiveness of bhps olympic dam project from both bhp billitons perspective
What is the customer's expected return if she borrows the money? Does borrowing the money make the investment more attractive?
An investment project has annual cash inflows of $4,300, $4,000, $5,200, and $4,400, and a discount rate of 13 percent. What is the discounted payback period for these cash flows if the initial cost is $5,800?
A corporation makes a single product that it sells for $18 a unit. Fixed costs are $76,000 per month and the product has a contribution margin ratio is 40 percent.
You have been hired by a U.S. corporation that wants to form a foreign corporation through the transfer of property. Propose a strategy for the client to transfer property into the foreign corporation that will help the client to avoid or mitigate..
You're to make monthly deposits of $500 into your retirement account that pays 10.9% interest (compounded monthly). If your first deposit will be made one month from now, how large will your retirement account be in 34 yrs? (Round to 2 decimals)
in computing the irr on an expansion at mountain creek resort vernon valley would consider all of the following
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