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Artemon [7]
3 years ago
12

Taggart Transcontinental currently has a bank loan outstanding that requires it to make three annual payments at the end of the

next three years of $1,000,000 each. The bank has offered to allow Taggart Transcontinental to skip making the next two payments in lieu of making one large payment at the end of the loan's term in three years. If the interest rate on the loan is 6%, then the final payment that the bank will require to make Taggart Transcontinental indifferent between the two forms of payments is closest to:
Business
1 answer:
prohojiy [21]3 years ago
6 0

Answer:

Future value is approximately $3,183,600 which is equal to $3,184,000.

Explanation:

Please see attachment

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The following information is available for Barone Corporation: January 1, 2019 Shares outstanding 4,000,000 April 1. 2019 Shares
stepladder [879]

Answer and Explanation:

a. The computation of the weighted average number of shares is shown in the attachment below:

b.  Now the earning per share i.e EPS

= (Net Income - Preferred Dividend) ÷ (Weighted average number of shares )

= ($9,850,000 - $10,000) ÷ (8,720,000 shares)  

= $1.13    

The preference dividend is

= (2,000 × $100 × 5%)

= $10,000

5 0
3 years ago
Difference between undergraduate and graduate degrees
icang [17]
Undergraduate refers to someone who is going for their Bachelor's Degree or one who doesn't have an equivalence to a Bachelor's Degree. (Ex. non-degree holder or an Associates Degree would be considered undergraduates) 

<span>Graduate refers to someone who is going for a degree that is beyond a Bachelor's Degree. (Ex. Master's Degree or PhD.) </span>
4 0
2 years ago
As new firms enter a competitive price-searcher market, profits of existing firms Group of answer choices rise and product diver
spin [16.1K]

Answer:

decline and product diversity in the market increases.

Explanation:

Competitive price searcher markets are those that have little barriers of entry for new firms.

Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.

In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.

Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share

6 0
2 years ago
Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. E
ch4aika [34]

Answer:

$4,92

Explanation:

Step 1 Calculate the Total Cost of conversion costs incurred during the process.

<u>Total Cost of conversion costs</u>

Cost of conversion in Beginning inventory  $8,800

Add Cost of conversion for April                  $43,612

Total                                                                $52,412

Step 2 Calculate cost per equivalent unit for conversion costs

cost per equivalent unit = Total Cost of conversion / Total equivalent unit for conversion

                                        = $52,412 / 10,650

                                        = $4,92

Therefore, the cost per equivalent unit for conversion costs using the weighted average method would be $4,92.

5 0
3 years ago
a nurse teaches a client who is being discharge home. the client has a t-tube after an open cholecystectomy. which statement mad
DerKrebs [107]

Answer:

The statement made by the client that I need or require a diet which do not have a lot of fatty foods

Explanation:

After the cholecystectomy, the client or the patient need or require a diet which is nutritious and does not have the excess fat, otherwise a special or a particular diet is not stated for most of the clients.

Under this, the client require to have a good fluid intake, that is healthy for all the people though it is not related to the surgery.

And drinking fluids among the meals helps with the dumping syndrome and the restriction of the sweets is not necessary.

3 0
3 years ago
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