Carl carpenter buys a drill press. the price, including tax, is $725.00. he finances the drill press over 24 months after making a $50 down payment. the true annual interest rate is 14%. what are carl's monthly payments (principal plus interest)? amount of interest to the nearest penny, c = $ . total of payments = amount financed + c = $ . total of payments ÷ number of payments = monthly payment = $

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?