A borrower has two alternatives for a loan:

(1) issue a $420,000, 90-day, 4% note or
(2) issue a $420,000, 90-day note that the creditor discounts at 4%. Assume a 360-day year. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Calculate the amount of the interest expense for each option. Round your answer to the nearest dollar. $ for each alternative. Determine the proceeds received by the borrower in each alternative. Round your answers to the nearest dollar.

(1) $420,000, 90-day, 4% interest-bearing note: $
(2) $420,000, 90-day note discounted at 4%: $ Alternative is more favorable to the borrower because the borrower .

Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.

What is a sort of auction for stocks in which traders verbally submit their offers?

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?