A company takes out a loan of 15,000,000 at an annual effective discount rate of 5.5%. You are given: The loan is to be repaid with n annual payments of 1,200,000 plus a drop payment one year after the nth payment. The first payment is due three years after the loan is taken out. Calculate the amount of the drop payment. 79,100 176,000 321,300 959,500 1,180,300
Answers: 1
Business, 21.06.2019 22:20, mistytownsend1952
Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:
Answers: 2
Business, 23.06.2019 11:50, terryg4397
Andrew owns a store in polk county. his trade extends throughout river city, but not beyond the county limits. he sells his store to betty and, as part of the transaction, agrees not to engage in the same business anywhere in river city for a period of five years. a. the time restraint is likely reasonable. b. the geographic restraint is likely reasonable. c. the agreement likely violates antitrust laws and the provision is not enforceable. d. both (a) and (b).
Answers: 1
A company takes out a loan of 15,000,000 at an annual effective discount rate of 5.5%. You are given...
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