The CEO also knows that he doesn’t have to just ‘hold on’ to the money at time 0, he can find a temporary fund to invest it and then withdraw money to pay for the negative cash flows. However, he’s not sure how well his investment will have to do to make the whole plan worthwhile. If the minimum attractive interest rate for the company is 10%, calculate what the temporary fund’s interest rate (annual effective) will have to be. (i. e. what fund interest rate makes the overall project have an IRR of 10%) (10 points)

The study of reveals a number of ways to enhance your relationship strategy and add value. this the salesperson perform his or her work with poise and confidence.

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.