The landers corporation needs to raise $1.80 million of debt on a 20-year issue. if it places the bonds privately, the interest rate will be 10 percent. forty thousand dollars in out-of-pocket costs will be incurred. for a public issue, the interest rate will be 10 percent, and the underwriting spread will be 5 percent. there will be $90,000 in out-of-pocket costs. assume interest on the debt is paid semiannually, and the debt will be outstanding for the full 20-year period, at which time it will be repaid. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. for each plan, compare the net amount of funds initially available—inflow—to the present value of future payments of interest and principal to determine net present value. assume the stated discount rate is 16 percent annually. use 8.00 percent semiannually throughout the analysis. (disregard taxes.) (assume the $1.80 million needed includes the underwriting costs. input your present value of future payments answers as negative values. do not round intermediate calculations and round your answers to 2 decimal places.)

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?