Carlita began 2014 with an interest payable account balance of $13,000. during 2014, it paid $5,000 in interest to its lenders. on december 31, 2014, what is its interest payable account balance?

Match each of the following characteristics or scenarios with either the term negative externality or the term positive externality. LO4.4 a. Overallocation of resources. b.

Bob and Barbara Castle are each 39 years old and have sought your advice with regard to their financial affairs. Bob is a school administrator making $75,000 per year and Barbara is not employed outside of the home.

A liquidated damage provision will be enforced when: a technical breach of contract has occurred without causing any actual loss. the amount specified is reasonable and actual damages are difficult to determine.

How long will it take for an investment to double in value if it earns 10.5% compounded continuously?

An individual taxpayer reported the following net long-term capital gains and losses:Year Gain (loss) 1 ($5,000) 2 1,0003 4,000The amount of capital gain that the individual taxpayer should report in year 3 is:a. $4,000b. $6,000c. $2,000d. $2500

Candace just purchased a certificate of deposit at her local bank with a stated rate of 5.3%. Candace has had BA3500 so she knows that the real rate the CD is paying is 3.1%.

Symon's Suppers Co. has announced that it will pay a dividend of $4.39 per share one year from today. Additionally, the company expects to increase its dividend by 4.2 percent annually. The required return on the company's stock is 11.4 percent.

If soybean farmers know that the demand for soybeans is inelastic, in order to increase their total revenues they should a. use more fertilizers and weed killers to increase their yields. b. plant additional acres to increase their output. c.

Baker's Financial Planners purchased seven new computers for $970 each. It received a 20% discount because it purchased more than six and an additional 7% discount because it took immediate delivery. Terms of payment were 3/10, n/30.

A company has beginning inventory of 300 units at $ 17.73 each; They purchased 400 units at $ 7.11 each on June 2; On June 15, they also purchased 200 units at $ 13.16 each.