On January 1, 2009, Simmons Company acquired a truck for a total cost of $20,000. The seller agreed to allow Simmons to pay for the truck over a two-year period at 10% interest with equal payments of $11,524 due at the end of 2009 and 2010. Determine the Carrying Value of the note on Simmons balance sheet as of December 31, 2009 (after the first payment has been made):

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent