Presley, Inc., had the following positive and negative cash flows during the current year. Positive cash flows: Received from customers $ 270,000 Interest and dividends 50,000 Sale of plant assets 360,000 Negative cash flows: Paid to suppliers and employees $ 127,000 Purchase of investments 45,000 Purchase of treasury stock 40,000 Determine the amount of cash provided by or used for operating activities by the direct method.

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

What two things do you consider when evaluating the time value of money

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?