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Using a MARR of 25%, what is the minimum number of billable hours each year in order for your company to break even?
Using 1,000 billable hours per year determine the net present value for the purchase of the dump truck using a MARR of 18%.
Using 1,100 billable hours per year determine the net present value for the purchase of the loader using a MARR of 22%.
The monthly lease payment is $7,100 per month. At the end of the lease the excavator will be returned to the dealer.
Discuss the major capital budgeting methods used by corporations to evaluate projects.
Ginger will make whatever elections are necessary to minimize her current gift tax liability. Assume the Sec. 7520 interest rate is 4%.
What uniform series of cash flows is equivalent to a $150,000 cash flow occurring today if the uniform series of cash flows occur at the end of each month.
At what periodic interest rate is a $4,000 cash receipt occurring at the beginning of year 1 equivalent to ten annual $750 cash disbursements?
Determine the quarterly, monthly, and daily interest rates for an annual percentage rate of 7%.
The truck in Problem is to be purchased with a forty-eight-month loan with an annual percentage rate of 11%.
Determine the monthly payment for a sixty-month truck loan with an annual percentage rate of 11% and an initial principal of $17,000.
Determine the monthly payment for a thirty-year real estate loan with an annual percentage rate of 8.5% and an initial principal of $200,000.
The bank charges $4,000 for closing costs on a $200,000 loan with an annual percentage rate of 8.5% compounded monthly with a term of thirty years.
The bank will not allow the closing costs to be added to the $17,000 borrowed. What effect do the closing costs have on the effective annual interest rate?
Your company has an existing loan with monthly payments, principal, and interest of $1,883.65.
Determine the effective annual interest rate on a $100,000 short-term loan, with a term of 245 days and a nominal interest rate of 8%.
Determine the actual annual interest rate on a $40,000 line of credit with an annual percentage rate of 12% compounded monthly.
Determine the effective annual interest rate on a $25,000 line of credit with an annual percentage rate of 8.75% compounded monthly.
Were the president of the construction firm and his employees honest? Had they done anything wrong?
Describe the responsibilities of management for errors, omissions, material fraud, illegal acts, and provide examples.
Invested $10,000 cash and $15,000 of computer equipment in exchange for common stock.
If you were the CFO of this firm what strategies would you use to reduce the need for external funding?
Take the role of the production manager and prepare a report for the board that either recommends the proposed changes or does not recommend the changes.
The Cash balance on December 31, 2016, totaled $100,500, but management has decided it would like to maintain a cash balance of at least $800,000 beginning.