subject
Business, 30.08.2019 18:20 KindaSmartPersonn

5. acton can choose from two loan offers: $12,000 at 8% simple interest for 9 months;
or a $12,000 9-month discounted loan at 7% discount. based on the actual interest
paid and the true rate on the discounted loan, which of the two loan offers will acton
choose? explain your answer. (40 points)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?
Answers: 1
question
Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.
Answers: 1
question
Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
question
Business, 22.06.2019 11:30
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
You know the right answer?
5. acton can choose from two loan offers: $12,000 at 8% simple interest for 9 months;
or a $...
Questions
question
Mathematics, 10.03.2021 23:40
question
English, 10.03.2021 23:40
question
Mathematics, 10.03.2021 23:40
question
Mathematics, 10.03.2021 23:40
question
English, 10.03.2021 23:40
question
Chemistry, 10.03.2021 23:40
Questions on the website: 13722361