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Mr. Smith has been approved by Finco, a finance company, for a one year loan with a principal of $2,000, an annual simple interest rate of 10%, and interest due at maturity date.
a. Represent the flow-of-funds diagram and the balance sheets of the parties involved at the time the loan is granted.
b. Represent the flow-of-funds diagram and the balance sheets of the parties involved at maturity date.
1 the specific excess policy of company f requires a retention of 80000 per occurrence the aggregate limit of this
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What is the 9-month forward price of a stock, currently trading for 88,if risk free T-bills earn 6% and the stock pays $1 dividend at expiration?
suppose laura luckett believes the korean won will rise in value against the u.s. dollar by march and took an
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Briefly explain the role of the board of directors and how such a situation could indicate management fraud. Why are auditors concerned with management fraud?
mary has been working for a university for almost 25 years and is now approaching retirement. she wants to address
Kobe's Furniture has a contribution margin ratio of 0.14. If fixed costs are $170,300, how many dollars of revenue must the company generate in order to reach the break-even point?
Why is environmental analysis important for an organization? Please be detailed.
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