On june 1, 2005, yola corp. loaned dale $500,000 on a 12% note, payable in five annual installments of $100,000 beginning january 2, 2006. in connection with this loan, dale was required to deposit $5,000 in a noninterest-bearing escrow account.
a. the amount held in escrow is to be returned to dale after all principal and interest payments have been made. b. interest on the note is payable on the first day of each month beginning july 1, 2005. c. dale made timely payments through november 1, 2005. d. on january 2, 2006, yola received payment of the first principal installment plus all interest due.
e. on december 31, 2005, yola's interest receivable on the loan to dale should be

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)