On september 1, abc company borrowed $1,000, 12% annually by issuing 4-month note payable from xyz national bank with interest due on january 1. at year end, december 31, abc adjusted for the four months of interest owed. the entry to record the payment of interest on january 1 would include a

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery

Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has