Find annual interest costs with long-term financing
Genetech has $2,000,000 in assets, have decided to finance 30% with long-term financing (13% rate) and 70% with short-term financing (9%) rate. What will be their annual interest costs?
i) $78,000ii) $126,000iii) $440,000iv) $204,000
Now Priced at $5 (50% Discount)
Recommended (96%)
Rated (4.8/5)
On March 1, 2012, Chance Company entered into a contract to build an apartment building. It is estimated that the building will cost $2,016,000 and will take 3 years to complete.
What is the effective rate on an $10,000 installment loan with bi-monthly payments, $1,600 in interest, for 2 years?
The portfolio manager told the prospective client that she constructs a portfolio with a forward-looking tracking error that is typically between 250 and 300 basis points of a client-specified bond index. Explain why you agree or disagree with the
What will be the affect on income if CCC accepts this order? Based on your answer of income, should CCC accept the order? Show all your work for point consideration.
Picksy Company owns equipment that cost $38,250 when purchased on 1 January 2009. It has been depreciated using the straight-line method based on estimated salvage value of $7,500 and an estimated useful life of 5 years.
Mark Macy is buying a house. The house costs $250,000. He plans to put $50,000 down and borrow $200,000 at 3% for 30 years. Calculate the principal plus interest portion of his mortgage payment. What is the total interest to be paid over the life
Major themes in health care in Canada include Canadian public versus private healthcare theme is the subject of your term paper, identify the issues, identify the changes you believe are needed, and discuss the approach you would propose to implem
Evaluate what a company's assets and equity ratios indicate about company's performance. Also, what are the reasons why a bank may have weak performance.
1925376
Questions Asked
3,689
Active Tutors
1442324
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Select an objective related to your assigned social determinant from the Healthy People website.
Please discuss how supply and demand drive the transportation industry? In your opinion, how does the transportation industry affect the environment?
Choose a side of the argument in the poem: "Good fences make good neighbors." Write an 8-12 sentence Paragraph that argues whether your AGREE
Write a persuasive passage using strong logic and a clear claim for our discussion. Choose a topic that will help you to develop an effective persuasive
1. Define lymphedema. 2. What is elephantiasis? 3. Provide the differential diagnosis of mumps versus cervical adenitis.
Understanding the role technology plays in advanced primary care to vulnerable populations is vital to ensure proper and timely diagnosis and treatment
Culture impacts development of some diseases, such as diabetes and coronary artery disease.