On December 31, 2020, Ivanhoe Inc. rendered services to Beghun Corporation at an agreed price of $115,805, accepting $44,800 down and agreeing to accept the balance in four equal installments of $22,400 receivable each December 31. An assumed interest rate of 10% is imputed.
(a) Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes.
(b) Prepare the entries that would be recorded by Ivanhoe Inc. for the sale on December 31, 2020.
(c) Prepare the entries that would be recorded by Ivanhoe Inc. for the sale on December 31, 2020.
(d) Prepare the entries that would be recorded by Ivanhoe Inc. for the (a) receipts and (b) interest on December 31, 2021.

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.