American food services, inc., acquired a packaging machine from barton and barton corporation. barton and barton completed construction of the machine on january 1, 2018. in payment for the $4 million machine, american food services issued a four-year installment note to be paid in four equal payments at the end of each year. the payments include interest at the rate of 10%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. prepare the journal entry for american food services’ purchase of the machine on january 1, 2018. 2. prepare an amortization schedule for the four-year term of the installment note. 3. prepare the journal entry for the first installment payment on december 31, 2018. 4. prepare the journal entry for the third installment payment on december 31, 2020.

Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?