A typical short report includes

a. a personal writing style using first-or second-person.
b. no graphics.
c. no contractions.
d. only one heading per page.


A

Business

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Patterson Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected. r:10.00%   Year0 1 2 3 Cash flows?$950 $500 $400 $300

A. $54.62 B. $57.49 C. $60.52 D. $63.54 E. $66.72

Business

North Woods Company has a line of credit with Olympia State Bank. North Woods agreed to pay interest at an annual rate equal to 3% above the bank's prime rate. Funds are borrowed or repaid on the first day of each month and interest is paid in cash on the last day of each month. Borrowing is shown as a positive amount, and repayments are shown as negative amounts indicated by parentheses. Activity to date is given as follows: MonthAmt. Borrowed(Repaid)Prime Rate forthe MonthJanuary$25,000?  7?% February 39,000?  5?% March (25,000)? 3?%  What is the amount of interest paid at the end of March? (Do not round your intermediate calculations.)

A. $208.0 B. $97.5 C. $227.5 D. $195.0

Business

The registered agent is the person who can receive legal punishment (such as fines and imprisonment) on behalf of the corporation

Indicate whether the statement is true or false

Business

After reorganization, all debts are forgiven

Indicate whether the statement is true or false

Business