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Maria invested $5500 in two mutual funds. One fund earned an 8% profit, while the other earned a 1.5% profit. Between the two accounts, Maria made a profit of $180. How much was invested in each account?
Interest upon how much of the mortgage can they deduct for regular tax purposes and where is it deducted if it is deductible? Interest upon how much of the mortgage can they deduct for AMT tax purposes?
bond p is a premium bond with an 9.7 percent coupon. bond d is a 5.7 percent coupon bond currently selling at a
The firm earned 423,300. The partners to share income by providing annual salary allowances of 39,000 to kim. 34,000 to tere. and 46,000 to josh. Granting 10 percent interest on the partners beginning capital investements and sharing the remainder..
Determine the net present value of the investment in the service center. Should Munster invest in the service center? Calculate internal rate of return of the investment to the nearest ½ percent.
objectives1 demonstrate an ability to provide eliminating as well as adjusting entries in the preparation of
Consolidated financial statements were prepared for 2011. Illustrate what adjustment would have been required for the retained earnings balance as of January 1, 2011?
Topeka Company's income statement for the current month shows that the company sold 400,000 units of its product and earned a net operating income of $600,000. Management is very pleased with the result and believes the company's strong financial pos..
You expect equity market would provide a return of 12% and will have a standard deviation of 18%. The risk free rate is 4%. What would be the expected market risk premium based on your risk aversion score?
Starting at age 25, Jim saves $1200 a year for 8 years then stops saving (leaves his money in the retirement account to accumulate interest). Starting at age 35, John saves $1200 a year for the next 30 years.
what are the benefits of franchising a business idea, rather than the start-up entrepreneur expanding the concept through multiple sites ?
In 2011, individual income taxes made up over 43% of the federal receipts while corporate taxes raised just 12.5%. Describe the issues related to increasing corporate taxes to reduce the growing federal deficit.
The Colson Company issued $300,000 of 10% bonds on January 1, 2014. The bonds are due January 1, 2020, with interest payable each July 1 and January 1. The bonds are issued at face value. Prepare Colson’s journal entries for (a) the January issuance,..
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