Determining effective interest rate on loan
A U.S corporation borrowed 1,000,000 euros for one year. If the interest rate on the loan is 5.5% and the Euro appreciates against the U.S. dollar by 2.6% during the year, what would be the effective interest rate on the loan?
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Assume you work for a company that has been cited for the OSH Act violation you selected. This is the second time your company and the CEO have received a citation for a similar violation, both resulting in death of one or more employees.
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Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year?
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