On july 31, 2017, culver company engaged minsk tooling company to construct a special-purpose piece of factory machinery. construction was begun immediately and was completed on november 1, 2017. to finance construction, on july 31 culver issued a $327,600, 3-year, 12% note payable at netherlands national bank, on which interest is payable each july 31. $224,600 of the proceeds of the note was paid to minsk on july 31. the remainder of the proceeds was temporarily invested in short-term marketable securities (trading securities) at 10% until november 1. on november 1, culver made a final $103,000 payment to minsk. other than the note to netherlands, culver’s only outstanding liability at december 31, 2017, is a $27,400, 8%, 6-year note payable, dated january 1, 2014, on which interest is payable each december 31?

Should the government be downsized? which functions should be cut back? which ones should be expanded?

Discuss how the resource-based view (rbv) of the firm combines the two perspectives of (1) an internal analysis of a firm and (2) an external analysis of its industry and its competitive environment. include comments on the different types of firm resources and how these resources can be used by a firm to build sustainable competitive advantages.

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances