On may 1, ace electronics ordered office equipment. the equipment was delivered to ace on may 15, and ace agreed to pay for it by the end of the month. ace paid for the equipment on may 31. when will ace make the first entry in its accounting system for this purchase?

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest