Using the appropriate interest table, provide the solution t…

Using the appropriate interest table, provide the solution to each of the following four questions by computing the unknowns. Diamond Hall has a $55,000 debt that she wishes to repay 5 years from today; she has $37,432 that she intends to invest for the 5 years. What rate of interest will she need to earn annually in order to accumulate enough to pay the debt? (Round answer to 0 decimal places, e.g. 7%. Enter your answer as a whole number. Do NOT use the percent sign.) Rate of interest: __%

A comparative balance sheet for Cary Corporation is presente…

A comparative balance sheet for Cary Corporation is presented below. Assets 2020   2019 Cash 93,800 63,900 Accounts receivable 157,600 132,800 Inventory 167,400 176,200 Land 125,400 146,300 Equipment 381,100 358,200 Accumulated depreciation–equipment (167,000) (134,000)             Total 758,300 743,400 Liabilities and Stockholders’ Equity Accounts payable 87,500 109,800 Bonds payable 167,000 184,000 Common stock ($1 par) 213,200 213,200 Retained earnings 290,600 236,400             Total 758,300 743,400 Additional information: Net income for 2020 was $101,500; there were no gains or losses. Cash dividends of $47,300 were declared and paid. Bonds payable of $17,000 were retired. Compute each of the following: (Show amounts that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000). Round to the nearest dollar. Do NOT put a dollar sign ($) in your answer.) 1. Net cash provided by operating activities                   $ 2. Net cash provided (used) by investing activities         $ 3. Net cash provided (used) by financing activities         $  

Using the appropriate interest table, provide the solution t…

Using the appropriate interest table, provide the solution to each of the following four questions by computing the unknowns. What is the amount of the payments that Morgan William must make at the end of each of 15 years to accumulate a fund of 105,000 by the end of the 15th year, if the fund earns 8% interest, compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Payment at the end of each year: $

Using the appropriate interest table, provide the solution t…

Using the appropriate interest table, provide the solution to each of the following four questions by computing the unknowns. John Boy Walton is 39 years old today and he wishes to accumulate $550,000 by his 50th birthday so he can retire to his summer place on Spencer Mountain. He wishes to accumulate this amount by making equal deposits on his 40th through his 49th birthdays (10 years). What annual deposit must John Boy make if the fund will earn 8% interest compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Annual Deposit: $

Using the appropriate interest table, provide the solution t…

Using the appropriate interest table, provide the solution to each of the following four questions by computing the unknowns. What is the amount of the payments that Morgan William must make at the end of each of 7 years to accumulate a fund of $100,000 by the end of the 7th year, if the fund earns 9% interest, compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Payment at the end of each year: $

The following information pertains to Arrow Corp.’s issuance…

The following information pertains to Arrow Corp.’s issuance of bonds on July 1, 20X5: Face amount $1,000,000 Term 12 years Stated interest rate 9% Interest payment dates Annually on July 1 Yield 11% At 9% At 11% Present value of $1 for 12 periods 0.356 0.286 Future value of $1 for 12 periods 2.813 3.498 Present value of ordinary annuity of $1 for 12 periods 7.161 6.492 What should be the issue price for each $5,000 bond (200 individual bonds comprise the entire bond issue)?  

 EC: worth 3 points The following trial balance of Lion Comp…

 EC: worth 3 points The following trial balance of Lion Company at December 31, 2020 has been properly adjusted except for the income tax expense adjustment.   Lion Company Trial Balance 31-Dec-20 DR. CR. Cash        745,000 Accounts receivable (net)     2,703,000 Inventory     2,100,000 Property, plant, and equipment (net)     6,565,000 Accounts payable and accrued liabilities         2,068,000 Income taxes payable            780,000 Deferred income tax liability               52,000 Common stock         1,241,000 Additional paid-in capital         6,883,000 Retained earnings, 1/1/20         2,192,000 Net sales and other revenues       12,512,000 Costs and expenses   12,115,000 Income tax expenses     1,500,000   25,728,000       25,728,000   Included in accounts receivable is $1,280,000 due from a customer and payable in quarterly installments of $160,000. The last payment is due December 29, 2022.   In Lion’s December 31, 2020 balance sheet, the current assets total is

You have been asked to balance a ration for a group of cattl…

You have been asked to balance a ration for a group of cattle for which the crude protein (CP) requirement is 10%. You also want your ration to be as cheap as possible while still meeting CP requirements. Which two feed ingredients would you use? Feed Crude Protein Cost per pound Cottonseed Meal 41.2% $0.98 Wheat Grain 14.3% $0.57 Wheat Straw 11.7% $0.11