Maxim Air Filters Inc. plans to borrow $300,000 for one year. Northeast National Bank will lend the money at 10 percent interest and requires a compensating balance of 20 percent. What is the effective rate of interest?Maxim Air Filters Inc. plans to borrow $300,000 for one year. Northeast National Bank will lend the money at 10 percent interest and requires a compensating balance of 20 percent. What is the effective rate of interest?

Answer: 12.5%

Explanation:

The effective rate of interest is simply referred to as the interest on a loan, savings account or financial product. Based on the information given in the question, the effective interest rate will be:

= Interest rate / (1 - CC)

where,

Interest rate = 10%

Compensating balance CC = 20%

= Interest rate / (1 - CC)

= 10% / (1 - 20%)

= 0.1 / (1 - 0.2)

= 0.1 / 0.8

= 0.125

= 12.5%

The effective interest rate is 12.5%

You're considering a project with an initial cost of $6400, what is the payback period for this project if the cash inflows are $900, $1350,$2800, $1350 & $500 a year over the next five years

This is your first week in your new job at Safety Zone, a leading producer of IT modeling software. Your prior experience with a smaller competitor gave you an edge in landing the job, and you are excited about joining a larger company in the same field.

So far, all is going well and you are getting used to the new routine. However, you are concerned about one issue. In your initial meeting with the IT manager, she seemed very interested in the details of your prior position, and some of her questions made you a little uncomfortable. She did not actually ask you to reveal any proprietary information, but she made it clear that Safety Zone likes to know as much as possible about its competitors. Thinking about it some more, you try to draw a line between information that is OK to discuss, and topics such as software specifics or strategy that should be considered private.

This is the first time you have ever been in a situation like this. How will you handle it?

Alpha Corporation has just paid its annual dividend and is looking forward to another successful year ahead. The company had free cash flow for the year just ended of $1 billion, all of which it just paid out to its shareholders as a dividend. Right now, shareholders do not believe that Alpha has any growth opportunities, so they expect the annual cash flow and dividend stream to remain unchanged for the foreseeable future. Alpha has 100 million 3 shares outstanding and a market capitalization of $10 billion. The company is entirely equity-financed. The capital market is efficient.
A) Alpha's CEO now proposes that the company skip its dividend one year from now and instead invest the entire amount of the coming year's $1 billion free cash flow in a project that management believes will generate a perpetual annual rate of return of 21%. The CEO further asserts that the new project has similar risk to the company's assets in place. If the company were to announce immediately its plans for the investment one year from now (financed by skipping next year's dividend) what do you think will happen to Alpha's stock price?
B) Some of Alpha's Board members are worried that shareholders are expecting a dividend next year and that announcing plans to skip next year's dividend will lower the stock price today. Suppose Alpha were to announce instead that it plans to pay its usual dividend one year from now and that it has no plans for any new investment at T-. What will happen to the stock price today?
C) Suppose Alpha settles on a compromise: Alpha announces today that it will invest in the new project one year from now, butwill simultaneously issue enough new shares at that time to enable it to pay the usual S10 dividend per share to its existing shareholders. What do you think will happen to Alpha's share price one year from now under this plan? What do you think will happen to Alpha's stock price today? Which of the three plans do you think Alpha's shareholders would prefer?

Mrs. Jonas believes strongly that it is important that workers' rights be respected, and that one of the more important ways of doing this is to ensure that all workers be properly documented. She is supervising a contracting company that is building a new warehouse for her company. While doing this she discovers that many of the workers employed by the contractor are undocumented aliens working for well below minimum wage. In this situation Mrs. Jonas has a(n) ________ that is in conflict with a(n) ________.

RCS, Inc. Gross fixed assets 284,950 Inventory 136,500 Accrued expenses 11,850 Accumulated depreciation 82,310 Notes payable 32,570 Preferred stock 8,000 Retained earnings 89,280 Current portion of L-T debt 4,080 Long-term debt 134,300 Accounts receivable 105,770 Additional paid-in capital 71,600 Accounts payable 50830 Common stock ($0.20 par) 60,000 Cash 17,600 Referring to the above balance sheet accounts for RCS, Inc. for the year ending Dec 31, 2016, the number of common shares issued by the company is closest to:_____.
a. 658,000
b. 12,000
c. 300,000
d. 26,320

Behavioral segmentation addresses the knowledge of, use of, response to, and attitude toward a product. Which of these is an example of behavioral segmentation? Group of answer choices a retail shoe store targeting customers within a geographic twenty-mile radius a deodorant company targeting boys between the age of 12–18 an airline targeting customers with over 500k miles of travel on its airline

You just bought a motorcycle for $8,000. You plan to ride the motorcycle for two years, and then sell it for $3,200. During this two-year period, you expect to ride the motorcycle 10,000 miles each year, and you expect the motorcycle to get 50 miles per gallon of gasoline. The annual cost of insurance is $960, registration costs are $80 (good for two years), and the price of gasoline is $2.50 per gallon. During this same two-year period, you will need to service your motorcycle five times, at $240 per service check, and obtain five oil changes. Each oil change costs $35. You will also need to replace your tires once during this two-year period, for a total cost of $400.
a. Calculate the total fixed cost, total variable cost, and cost per mile for the two-year period, .
b. Suppose you want to lower the cost per mile. You should focus on:
i. variable costs, because they represent a majority of the total costs.
ii. fixed costs, because they must be paid.
iii. variable costs, because they can be avoided.
iv. fixed costs, because they represent a majority of the total costs.

Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.)
Date of Note Principal Interest Rate Term
a. August 5 $6,000 8% 130 days
b. May 10 16,800 7% 100 days
c. October 20 24,000 9% 55 days
d. July 06 4,500 10% 70 days
e. September 15 9,000 8% 85 days
Maturity Date
Month Day Interest
a. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer $Answer
b. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
c. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
d. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
e. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer

About 10 years ago, the POM Pomegranate Juice brand was created by a middle-aged couple in Nebraska. Theyâre business started small and then began to skyrocket after news spread of how yummy pomegranate juice is and also, how healthy is it (more antioxidants than any other juice out there!) Now, brands such as Nantucket Nectars, Ocean Spray, Minute Maid, and more have created their own pomegranate mixtures.

Required:
What has happened to the supply of pomegranate beverages as a result?

The following information is provided for Sandhill Company and Whispering Corporation. (in $ millions) Sandhill Company Whispering Corporation Net income 2022 $130 $445 Net sales 2022 1715 4640 Total assets 12/31/20 1010 2010 Total assets 12/31/21 1085 3070 Total assets 12/31/22 1150 4100 What is Sandhill's return on assets for 2022

Vijay Company reports the following information regarding its production costs. Direct materials $ 10 per unit Direct labor $ 20 per unit Overhead costs for the year Variable overhead $ 10 per unit Fixed overhead $ 160,000 Units produced 20,000 units
Compute its product cost per unit under absorption costing.
Production cost per unit

A lumber company purchases and installs a wood chipper for $204,000. The chipper is classified as MACRS 7-year property. Its useful life is 10 years. The estimated salvage value at the end of 10 years is $25,000. Using MACRS depreciation, compute the first-year depreciation.

Phoebe is meeting with a client to present her ideas. What is recommended as the best way to present her ideas to the client?


Show at least two to three different comps.

Describe your ideas over the phone

Send one comp over email

Show the finished product.

SECTION -A
Q1. Which of the following is not a feature of divisional structure?
(a) It is easy to fix the responsibility on one department.
(b) It is nor suitable for large firms.
(c) It facilitates managerial development.
(d) It's formation is based on product lines.​

Ringmeup Inc. had net income of $129,300 for the year ended December 31, 2019. At the beginning of the year, 37,000 shares of common stock were outstanding. On May 1, an additional 15,000 shares were issued. On December 1, the company purchased 4,100 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup paid the annual dividend on the 6,000 shares of 4.95%, $100 par value preferred stock that were outstanding the entire year. Required: Calculate basic earnings per share of common stock for the year ended December 31, 2019. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Most consumers and investors today want the firms they do business with to look beyond just the profit motive. In fact, they want firms that behave legally and ethically while also giving back to their communities via philanthropic activities. The framework that attempts to reconcile these wants is known as

Tangshan Mining Company must choose its optimal capital structure. Currently, the firm has a 40 percent debt ratio and the firm expects to generate a dividend next year of $4.89 per share and dividends are expected to grow at a constant rate of 5 percent for the foreseeable future. Stockholders currently require a 10.89 percent return on their investment. Tangshan Mining is considering changing its capital structure if it would benefit shareholders. The firm estimates that if it increases the debt ratio to 50 percent, it will increase its expected dividend to $5.24 per share. Because of the additional leverage, dividend growth is expected to increase to 6 percent and this growth will be sustained indefinitely. However, because of the added risk, the required return demanded by stockholders will increase to 11.34 percent. (a) What is the value per share for Tangshan Mining under the current capital structure

Campus Stop, Inc., is a student co-op. Campus Stop uses a perpetual inventory system.
The following transactions have been selected for analysis:
a. Sold merchandise for cash (cost of merchandise $160,750) $294,300
b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for a cash refund (original cost of merchandise $930) 1,730
c. Sold merchandise (costing $13,050) to a customer on account with terms 2/10, n/30 29,000
d. Collected half of the balance owed by the customer in (c) within the discount period 14,210
e. Granted a partial allowance relating to credit sales that the customer in (c) had not yet paid 1,980
Required:
1. Compute Sales Revenue, Net Sales, and Gross Profit for Campus Stop
a merchandiser's multistep income statement.
2. Compute the gross profit percentage.

a teammate tells you that you tend to take over shared projects. you've gotten this feedback from other too. what should you say? A I wish you would have mentioned this during projects. please be sure to do so on the next one. B I'm sorry you're feeling left out, I'll be sure to give you more to do on the next one. C I'm sorry maybe we can work together to divide our responsibility on the next one. D I've gotten this feedback before, I just like things done a certain way. E I'm used to leading projects, so I usually just take over without even realizing it​

In 2014, Lena assigned a paid-up whole life insurance policy to an Irrevocable Trust for the benefit of her three children. Lena died in 2018, and the face value of the whole life insurance policy of $2,000,000 was paid to the Irrevocable Trust. Regarding this transfer, how much is included in Lena’s gross estate at her death? A. $0 B. $45,000 C. $2,000,000 D. $1, 955,000

Graham, Inc.'s April bank statement shows an April 30 balance of $5,120. Prior to reconciliation, its books show a cash balance of $5,510. ThIs information pertains to Graham, Inc.: Deposits in transit $800; Checks outstanding $465; Bank service charge $10; Error in Graham's records understating cash disbursement $180; Check of another company charged erroneously against Graham's bank account $115; Bank statement shows bank collected a note receivable and interest income for Graham $250. The reconciled cash balance at April 30 on the bank reconciliation should be:

Suppose that you wish to hedge the exchange rate risk on a foreign receivable of 1,240,000 euros. You decide to do this with a long option whose underlying asset is the euro (I won't tell you whether it's a put or a call). If this option has a strike of $1.15/euro, a multiple of 10,000 euros, and a per-contract (i.e. per 10k euros) premium of $175, then what is the least number of dollars you could possibly expect to net from this hedged receivable

At the end of the current year, using the aging of receivable method, management estimated that $18,000 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $450. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

Shipping cost at Junk Food Imports is a mixed cost with variable and fixed components. Past records indicate total shipping cost was $18,000 for 16,000 pounds shipped and $22,500 for 22,000 pounds shipped. Assuming that this activity is within the relevant range, if the company plans to ship 18,000 pounds next month, the expected shipping cost is:

Please help me with this question

Corporations are becoming multinational not only in the scope of their business activities but also in their capital structure(.) Group of answer choices by raising funds from domestic as well as government sources. This trend reflects not only a conscious effort on the part of firms to raise the cost of capital by international sourcing of funds but also the ongoing liberalization and deregulation of international financial markets that make them accessible for many firms. by raising funds from foreign as well as domestic sources. by raising funds from foreign as well as domestic sources. This trend reflects not only a conscious effort on the part of firms to raise the cost of capital by international sourcing of funds, but also the ongoing liberalization and deregulation of international financial markets that make them accessible for many firms.

A commercial cleaning company spends an average of $500 per year, per customer, in supplies, wages, and account maintenance. An average customer generates $1,000 in revenue per year. Assuming a discount rate of 12% and an annual retention rate of 80%. What would BEST estimate for the lifetime value of an average customer using the simplified customer lifetime value (CLV) equation?

2.1.3. Briefly explain the term Gross Domestic Product.​

Certify Completion Icon Tries remaining:3 Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is that you will draw two cards without replacement from a standard deck. If both cards are diamonds, your friend will pay you $296. Otherwise, you have to pay your friend $17. Step 1 of 2 : What is the expected value of your bet? Round your answer to two decimal places. Losses must be expressed as negative values.

Journal Entries, T-Accounts Ehrling Brothers Company makes jobs to customer order. During the month of July, the following occurred: Materials were purchased on account for $45,670. Materials totaling $40,990 were requisitioned for use in producing various jobs. Direct labor payroll for the month was $22,400 with an average wage of $14 per hour. Actual overhead of $9,020 was incurred and paid in cash. Manufacturing overhead is charged to production at the rate of $5.50 per direct labor hour. Completed jobs costing $58,000 were transferred to Finished Goods. Jobs costing $59,000 were sold on account for $73,750. Make the entry to record the revenue from the sale first, followed by the entry to record the cost of the jobs. Beginning balances as of July 1 were: Materials Inventory $1,200 Work-in-Process Inventory 3,400 Finished Goods Inventory 2,630 Required: Message