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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
pfa - page 3page 2instructionsACCT 201NameProject 2Project 2-- Continuedappraised values of these assets is as follows:LandBuildingEquipmentVehiclestotalYour company has negotiated the purchase of some land
page 3page 2instructionsACCT 201NameProject 2Project 2-- Continuedappraised values of these assets is as follows:LandBuildingEquipmentVehiclestotalYour company has negotiated the purchase of some land, a building, equipment, and vehicles for $2,000,000. TheThere are two choices to finance the acquisition of these assets: one, would be to obtain an installment loan fromCity National Bank at 9.0% for 6 years (compounded annually). The other choice would be to issue non-cumulative,$125 par value, 10% preferred stock.Required:journal entry (5 points).Compute the values of the acquired assets based on the appraised values (5 points) and prepare the resulting Compute the payment on the loan (5 points) and prepare the repayment schedule (10 points).analysis. Be specific, and be sure to show all work.Prepare a written analysis of the two financing options (at least 100 words), discussing the advantages (5 points) and Finally, provide your recommendation (5 points), based on the advantages and disadvantages mentioned in your disadvantages ( 5 points) of each (for a total of 20 points). 0 0 page 1 0 Rs. 1,000,000.00Rs. 550,000.00Rs. 630,000.00Rs. 120,000.00Rs. 2,300,000.00
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