A company borrowed cash from the bank by signing a 5-year, 8% installment note. The present value of an annuity factor at 8% for 5 years is 3.9927. The present value of a single sum at 8% for 5 years is .6806. Each annual payment equals $75,000. The present value of the note is:
A. $18,784.28.
B. $56,352.84.
C. $375,000.00
D. $110,196.89.
E. $299,452.50.
Answer: E
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Which of the following best supports the idea that The Attic Trunk's mature, wealthy clientele can remain a viable target market?
A) Older, first generation Hispanic consumers are not especially family-oriented. B) Older, first-generation Hispanic consumers favor sellers who show special interest in them. C) Older, first generation Hispanic consumers tend to be very price conscious. D) Older, first generation Hispanic consumers tend to display little brand loyalty. E) Older, first generation Hispanic consumers are motivated by mainstream marketing.
ING realized they needed to stop thinking traditionally about product marketing and start understanding ______.
A. transformational leadership B. accommodating employees C. flexibility D. customer journeys
Northern Ireland's Fair Employment Act of 1989 mandates that:
a. Religious activity could not take place in the work place in order to create a religious neutral zone b. The workforce religious communities representation must equal to their proportions in the population at large c. Workplace religious programs must be open to all employees despite whatever religion they practice d. Any active religious discrimination would result in severe penalties and both the organization and the offending individuals would be held liable
[The following information applies to the questions displayed below.]On January 1, Year 1, Pierce Corporation issued $25,000 in 8%, 5-year bonds payable at 102. Interest payments are due each December 31. Pierce uses the straight-line method to amortize bond discounts and premiums.On January 1, Year 2, Pierce Corporation called the bonds payable at a price of $25,450. Which of the following shows the effect of this transaction on the elements of the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt. ofCash FlowsA.(25,450)=(25,400)+(50)NA?50=(50)(25,450)FAB.(25,450)=(25,400)+(50)NA?50=(50)(25,400)FA/(50)OAC.(25,450)=(25,450)+NANA?NA=NA(25,450)FAD.(25,450)=NA+(25,450)NA?25,450=(25,450)(25,450)OA
A. Option A B. Option B C. Option C D. Option D