How much can you borrow today if you can make payments of $3,600 a year for the next five years and the interest rate is 10%?
A) $13,646.83
B) $12,235.32
C) $18,978.36
D) $15,797.84
E) $17,949.67
Answer: A
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The Magazine Division of Continental Publishing Company had the following financial data for the year: Assets available for use $1,000,000 Book Value $1,500,000 Market Value Residual income $100,000 Return on investment 15% Refer to Continental Publishing Company. What was the Magazine Division's segment income?
a. $150,000 b. $100,000 c. $250,000 d. $ 50,000
Last year Frye Company's cash account increased by $17,000. Net cash flows from investing activities was ($40,000). Net cash flows from financing activities was $2,000. On the statement of cash flows, the net cash flows from operating activities was:
A) $17,000. B) $(21,000). C) $55,000. D) $(38,000).
The Age Discrimination in Employment Act provides for suits by the responsible government agency against non federal employees. In this instance:? A) ?the EEOC must attempt to settle the complaint voluntarily before filing suit
B) ?the time limitation for the required conciliation effort is sixty days. C) ?the 1991 amendments to the ADEA enforced the previous time limits spelled out for suits by the EEOC. D) ?at present, the courts are split on the question of when the EEOC suit must be filed.
Which one thing do you always have with common stock?
A) Dividends B) Voting rights C) Capital appreciation D) A guarantee of at least par value