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You are the assistant Financial Manager for the Florida Sale Away Corporation. The Chief Financial Officer ask to you invest $15,000 of excess cash funds in an annuity which will return $26,300 dollars at the end of nine years. Or, as an alternative, consider investing the $15,000 in a FDIC insured commercial certificate of deposit at 8% for nine years. What will the certificate of deposit earn at the end of 9 years? Which of the two alternatives will yield the most income? Show all work in excel.
shlee corporation issued a 7-year 67300 zero-interest-bearing note to garcia company on january 1 2011 and received
Prepare any necessary adjusting entries relative to depreciation(use straight line) and amortization (use effective interest method) on December 31,2011.
How much should the National Credit Union invest in municipal bondsso as to maximize its return on investment? What is the maximal return on investment?
on january 4 2011 kelly co. purchased 40000 shares 40 of the common stock of lemon corp. paying 800000. there was no
technology company which operates a chain of 30 electronics supply stores has just completed its fourth year of
which of the following describes the behavior of the fixed cost per unit?decreases with increasing productiondecreases
Record the transactions in the journal. Prepare the stock holders equity section of the Cohen Canoes Incorporated, balance sheet at May 31. The ending balance of retained earnings is $55,000.
They take turns paying for the group's lunch. Since they all do business with each other, each claims an entertainment expense deduction for the amount he or she paid for the lunches. Evaluate this practice.
prepare a debt amortization schedule for a bond issued at discount. assume that the bond matures in 12 years with
Record the following transactions of a company in a general journal form: Reacquired 8,000 of its own $10 par value common stock at $40 cash per share. The stock was originally issued at $15 per share.
DAN had $2000 beginning balance in utilities payable. he had an ending balance of $4000. Over the course of the period ABC received a bill for utilities for $5000. How much cash did they apy for utilities over the course of teh period?
Explain or illustrate how the direct costs of these special fund raising events atre to be reported. Also, may these nongovernment organizations report the special event using the net method?
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