Net cost of checking account
Determine the annual or yearly net cost of checking account.
Annual interest of 2.5% paid if balance exceeds $750,$8 monthly fee if accounts falls below minimum balance, average monthly balance $815, accounts falls below $750 during 4 months.
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An officer for a large construction company is feeling nervous. The anxiety is caused by a new excavator just released onto the market. The new excavator makes the one purchased by the company a year ago obsolete.
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Inline Incorporated manufactures skates and equipment for in-line skating. The company offers a one-year warranty on all products. During 2012, the company recorded net sales of $3,887.4 million
What must the price ratio, / x y p p , be? How should labour be allocated between x and y to satisfy the demands calculated in part (b)?
Determine the annual or yearly net cost of checking account. Annual interest of 2.5% paid if balance exceeds $750,$8 monthly fee if accounts falls below minimum balance, average monthly balance $815, accounts falls below $750 during 4 months.
Compare and contrast the characteristics of stocks and bonds.
Explain the concept of working capital management. Identify and briefly describe several financial instruments that are used as marketable securities to park excess cash.
a. How much total benefits did former employees receive during the year? b. What proportion of the obligation is funded? Explain.
Bentley's incremental borrowing rate is 10%; however, the company knows that Harry's implicit interest rate is 8%. What journal entry would Harry's Leasing Company make at January 2, 2013, assuming this is a direct-financing lease?
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