Patricia wants to invest a sum of money today that will yield $30,000 at the end of 6 years. Assuming she can earn an interest rate of 6% compounded annually, how much must she invest today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate
factor(s) from the tables provided.)
A. $18,000
B. $21,150
C. $28,200
D. $26,418
E. $24,918
Answer: B
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Results of crowding questions include all of the following EXCEPT:
A) respondents give shorter answers to open-ended questions. B) increase in data tabulation errors. C) questions appear more complex. D) none of the above E) A, B, and C
________________________________________ typically include accounts payable, accrued expenses, accrued taxes, deferred taxes, pension obligations and other retirement benefit obligations
Fill in the blank(s) with correct word
On January 1, Year 1, Mayberry Company borrowed cash from Central Bank by issuing a $75,000 face value 3-year installment note payable that carried a 9% interest rate. The note is to be repaid by making annual cash payments of $29,629.11, which includes both principal and interest. The payments are to be made on December 31 of each year.Required:a) Prepare an amortization schedule for the term of the loan, showing the amounts to be paid on principal and interest for Year 1, Year 2, and Year 3 and the loan balance at the end of each year. (Round your answers to two decimal points.)b) What amount of interest expense will be shown on the Year 2 income statement?c) What amount of liability for the note will be shown on the balance sheet as of December 31, Year 2?d) Prepare the journal entry
to record the payment made on December 31, Year 2. What will be an ideal response?
________ is the making of false statements about a competitor's products, services, property, or business reputation.
A. Malicious prosecution B. Strict liability C. Disparagement D. Slander