A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $1,600 per month for the next three years and then $3,200 per month for two years after that. If the bank is charging customers 9.00 percent APR, how much would it be willing to lend the business owner

Financial information that is capable of making a difference in a decision is

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

Which feature is a characteristic of a corporation?