Ray furniture wants to buy a dining room set for $7,000 with a 20% trade discount. ray needs the cash to pay the bill and is considering discounting a 90-day note dated may 12 with a maturity value of $6,500 at hunt bank at a discount rate of 13% on june 5. the bank discount if ray discounts the note is:

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?