The accounting records of Rockness Company provided the data below ($ in 000s). Net income $ 25,400 Depreciation and amortization expense 3,500 Decrease in accounts receivable 2,200 Increase in inventory 4,700 Increase in prepaid insurance 320 Increase in salaries payable 880 Decrease in interest payable 420 Required: Prepare a reconciliation of net income to net cash flows from operating activities

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

What is the correct percentage of texas teachers charged with ethics violations each year?

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?