Determine the payment of the note at maturity
A business issued a 30-day, 7% note for $150,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360-day year.
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A simple "adiabatic bomb" calorimeter was used to measure the heat capacity of an unknown substance. Fifty-nine grams of the substance, was heated to 808 K and then placed in 3 liters of oil at 25°C. After equilibration, the temperature was 65
A check for $1,920.00 returned with the statement was recorded incorrectly in the check register as $1,380.00. The check was for a cash purchase of equipment.
The market value of debt is $425 million and the total market value of the firm is $925 million. The cost of equity is 17% the pretax cost of debt is 10% and the tax rate is 35%. What is the WACC?
For tonight's meeting, the Summervillage Community Coalition has asked each member to find an interesting article on the front page of today's Environmental Health News
Joe's Store has net working capital of $1,800, total assets of $12,600, and net fixed assets of $9,700. What is the value of the current liabilities?
Your firm must raise capital immediately, and debt will be used. Should you borrow on a long-term or a short-term basis? Why?
Moore Corporation follows a policy of a 10% depreciation charge per year on all machinery and a 5% depreciation charge per year on buildings. The following transaction occured in 2011.
Even though you could treat every single item above separately, it is common to take the recurring annual costs and compute those as a subtotal to use in your computations.
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