Suppose that five years ago you borrowed $500,000 using a 30-year fixed-rate mortgage with an annual interest rate of 7.00% with monthly payments and compounding. the interest rate on 30-year fixed- rate mortgages has fallen to 6.25% and you are wondering whether you should refinance the loan. refinancing costs are expected to be 4% of the new loan amount.

a) what is the net present value of refinancing if you make all of the scheduled payments on the new loan?
b) what is the net present value of refinancing if you pay off the new loan at the end of the 6th year?
c) how many payments do you need to make on the new loan in order for refinancing to have a positive net present value?

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?