subject
Business, 12.12.2019 04:31 helo55

Alden trucking company is replacing part of its fleet of trucks by purchasing them under a note agreement with kenworthy on january 1, 2019. alden financed $38,135,448, and the note agreement will require $10.06 million in annual payments starting on december 31, 2019 and continuing for a total of four more years (final payment december 31, 2023). kenworthy will charge alden trucking company the market interest rate of 10% compounded annually. what is the amount of the 2020 interest expense?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:20
What is the most direct result of free trade supplying productive resources to areas where they're most needed? a. enhanced efficiency b. lower interest rates c. increasing specialization d. greater competition 2b2t
Answers: 3
question
Business, 22.06.2019 10:30
You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability
Answers: 2
question
Business, 22.06.2019 17:30
Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.
Answers: 3
question
Business, 22.06.2019 19:20
Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
Answers: 2
You know the right answer?
Alden trucking company is replacing part of its fleet of trucks by purchasing them under a note agre...
Questions
question
English, 03.12.2020 23:40
question
Arts, 03.12.2020 23:40
question
Mathematics, 03.12.2020 23:40
question
Mathematics, 03.12.2020 23:40
Questions on the website: 13722363