Without constructing an amortization schedule, what is the scheduled principal payment at the end of month 270 assuming no prepayments?
What will be an ideal response?
The scheduled principal payment at the end of month 270 assuming no prepayments (and using the SPt formula as illustrated previously for when t = 12 but now using t = 270) gives $412.39 .
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The text of a proposal
A) must always follow the AIDA plan. B) is usually presented in outline form. C) consists of the introduction, body, and close. D) should be italicized. E) is always organized using the direct approach.
How frequently does the PCAOB inspect registered accounting firms that audit 100 or more issuers?
a. Annually b. Every two years. c. Every three years d. Every five years.
The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$127,000?Cash dividends declared for the year 47,000?Proceeds from the sale of equipment 82,000?Gain on the sale of equipment 7200?Cash dividends payable at the beginning of the year 19,000?Cash dividends payable at the end of the year 21,200?Net income for the year 93,000?The amount of cash dividends paid during the year would be:
A. $278,000. B. $44,800. C. $176,000. D. $250,000. E. $255,800.
Napoli Industries had net income for Year 2 of $300,000. Napoli had an average number of shares outstanding at the end of the year of 500,000 shares. On January 1, Year 2, the market price of Napoli's stock was $12 per share. On December 31, Year 2, the market price was $15 per share. What is the price-earnings ratio for Napoli at the end of Year 2?
A. 20.00 B. 7.20 C. 25.00 D. None of these answer choices is correct