Business, 19.12.2019 21:31 ironclone13
Acompany had the following assets and liabilities at the beginning and end of the current year:
assets liabilities
beginning of year $ 231,000 $ 96,500
end of the year 262,000 78,400
common stock in the amount of $ 23,500 was issued and dividends of $ 6,700 were paid during the year. what is the amount of net income for the year?
a) $18,900
b) $65,900
c) $49,100
d) $32,300
Answers: 1
Business, 22.06.2019 04:50
Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?
Answers: 3
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
Business, 22.06.2019 08:30
What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?
Answers: 1
Business, 22.06.2019 09:00
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
Acompany had the following assets and liabilities at the beginning and end of the current year:
Mathematics, 01.06.2021 01:10
Mathematics, 01.06.2021 01:10
Mathematics, 01.06.2021 01:10
Mathematics, 01.06.2021 01:10
Mathematics, 01.06.2021 01:10
History, 01.06.2021 01:10
Mathematics, 01.06.2021 01:10