A note is generally defined as:

At the beginning of the year, Shinedown, Corporation, had a long-term debt balance of $45,630. During the year, the company repaid a long-term loan in the amount of $11,055. The company paid $3,940 in interest during the year, and opened a new long-term loan for $9,840. How much is the ending long-term debt account on the company’s balance sheet?

The difference between the price that a dealer is willing to pay and the price at which he or she is willing to sell is called the:

Your firm has net income of $324 on total sales of $1,200. Costs are $670 and depreciation is $120. The tax rate is 21 percent. The firm does not have interest expenses. What is the operating cash flow?

Taeyun is retired and his sole source of income is his bond portfolio. Although he has sufficient principal to live on, he only wants to spend the interest income and thus is concerned about the purchasing power of that income. Which one of the following bonds should best ease his concerns?

Custom Framing has a net profit margin of 5.6 percent, a return on assets of 12.5 percent, and an equity multiplier of 1.49. What is the return on equity?

Railway Cabooses just paid its annual dividend of $1.30 per share. The company has been reducing the dividends by 11.1 percent each year. How much are you willing to pay today to purchase stock in this company if your required rate of return is 12 percent?

Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 6.4 percent. The bond sells for $1,043.47 and matures in 20 years. The par value is $1,000. What is the YTM of the bond?

You have just leased a car that has monthly payments of $315 for the next 3 years with the first payment due today. If the APR is 5.64 percent compounded monthly, what is the value of the payments today?

A student organization plans to invest annual payments of $60,000, $70,000, $75,000, and $50,000, respectively, over the next four years. The first payment will be invested one year from today. Assuming the investment earns 5.5 percent annually, how much will the organization have available four years from now?