Knoll Manufacturing lends its supplier $170,000 for 3 years at a 8% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for:

A. $20,400.
B. $40,800.
C. $13,600.
D. $6800.


Answer: D

Business

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Which of the following would be least likely to be supported by subsidiary accounts or ledgers in a company that employs a job-order costing system?

a. Work in Process Inventory b. Raw Material Inventory c. Accounts Payable d. Supplies Inventory

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According to the 2010 U.S. Census, which is the only southern state that lost seats in the House of Representatives due to population shifts out of the state?

A. Texas B. South Carolina C. Louisiana D. Arizona E. Florida

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The following details are provided by Doppler Company

Initial investment $2,020,000 Discount rate 12% Yearly cash flows 1 $210,000 2 $414,000 3 $414,000 4 $414,000 5 $210,000 Present Value of $1: 10% 11% 12% 13% 1 0.909 0.901 0.893 0.885 2 0.826 0.812 0.797 0.783 3 0.751 0.731 0.712 0.693 4 0.683 0.659 0.636 0.613 5 0.621 0.593 0.567 0.543 Calculate the NPV of the project. A) $(959,500 ) B) $(825,370 ) C) $1,015,050 D) $252,500

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When using request messages, ____.

A. start your message by directly making your request B. use bulleted or numbered lists to present details C. use a polite, friendly tone D. all of the above

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