You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $ 9.7 million today and $ 5.2 million in one year. The government will pay you $ 20.6 million in one year upon theâ building's completion. Suppose the interest rate is 10.2 %. Required:
a. What is the NPV of this opportunity?
b. How can your firm turn this NPV into cash today?

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Rats that received electric shocks were unlikely to develop ulcers if the

Which plan offers a tax-free education?