Kilgore company experienced the following events during its first accounting period.(1) issued common stock for $5,000 cash.(2) earned $3,000 of cash revenue.(3) paid $4,000 cash to purchase land.(4) paid cash dividends amounting to $400.(5) paid $2,200 of cash expenses. based on this information the amount of net income is

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false