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1. On October 1, 2010, Chung, Inc. assigns $1,000,000 of its accounts receivable to Seneca National Bank as collateral for a $750,000 note. The bank assesses a finance charge of 2% of the receivables assigned and interest on the note of 9%. Prepare the October 1 journal entries for both Chung and Seneca.
What are the floatation costs for issuing the preferred shares and how should this cost be incorporated into the NPV of the project being financed?
in your audit of garza company you find that a physical inventory on december 31 2010 showed merchandise with a cost of
how bout now a clothing retailer had cost of goods sold of 525000 last year. the beginning inventory balance was 32500
harry and mary prodigious are married filing jointly and have 12 children. six of the children are under the age of 17
nbspan application question which is about capital markets research in accounting.marcus padley a stockbroker made the
1. The weighted-average cost of capital for a firm with a 65/35 debt/equity split, 8% pre-tax cost of debt, 15% cost of equity, and a 35% tax rate would be:
Make the journal entries to record the sale and settlement of the account receivable.
spiller corp. plans to issue 10 15-year 500000 par value bonds payable that pay interest semiannually on june 30 and
ACCT 320 - Prepare a journal entry for each transaction and discuss the right of shareholders of capital stock for company A that they are entitled to.
you are the new marketing manager for a firm that produces a line of athletic shoes to be targeted to the college
varilux manufactures a single product and sells it for 10 per unit. at the beginning of the year there were 1000 units
the loan department of ottawa bank uses standard costs to determine the overhead cost of processing loan applications.
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