Terms of a 7,000 loan are as follows: 60 equal monthly payments starting at the end of the first month, 8% nominal interest rate convertible monthly An alternative is offered: Monthly payments calculated as above. First payment not due until the end of the fifth month. An extra payment made at the end of the 60th month for the balance of the loan. Determine the amount of the extra payment in the alternative payment scheme.

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Astock is selling today for $50 per share. at the end of the year, it pays a dividend of $3 per share and sells for $58. a. what is the total rate of return on the stock? (enter your answer as a whole percent.) b. what are the dividend yield and percentage capital gain? (enter your answers as a whole percent.) c. now suppose the year-end stock price after the dividend is paid is $42. what are the dividend yield and percentage capital gain in this case? (negative amounts should be indicated by a minus sign. enter your answers as a whole percent.)

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.