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Author Question: Racing Horse Corporation reported net income for 2010 of 200,000, sales of 540,000, expenses ... (Read 57 times)

javeds

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on: Jul 11, 2018
Racing Horse Corporation reported net income for 2010 of 200,000, sales of 540,000, expenses
  (excluding depreciation) of 180,000, and depreciation expense of 60,000.
 
  The company's accounts
  receivable balance increased by 40,000 during the year and its accounts payable balance remained
  the same. The company's change in cash for the year is estimated to be
  A) 160,000. B) 220,000. C) 380,000. D) 100,000.

Question 2

You sell valuable artifacts from your household estate for 200,000 and want to use the money to
  supplement your retirement. You receive the money on your 60th birthday, the day you retire.
 
  You
  want to withdraw equal amounts at the end of each of the next 25 years. What constant amount can
  you withdraw each year and have nothing remaining at the end of 20 years if you are earning 7
  interest per year?
  A) 37,574 B) 28,318 C) 17,162 D) 49,113
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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ally

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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javeds

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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