You have a loan outstanding. It requires making eight annual payments of $ 1 comma 000 each at the end of the next eight years. Your bank has offered to restructure the loan so that instead of making the eight payments as originally agreed, you will make only one final payment in eight years. If the interest rate on the loan is 6 %, what final payment will the bank require you to make so that it is indifferent to the two forms of payment?

What does the phrase limited liability mean in a corporate context?

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation