It is to say that Green Caterpillar’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annual contribution to retained earnings, $1,649,600 and $2,011,400, respectively. This is because of the items reported in the income statement involve payments and receipts of cash.
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rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is
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Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
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It is to say that Green Caterpillar’s net inflows and outflows of cash at the end of Years 1 and 2...
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