Ashton has an offer to buy an item with a sticker price of $4900 by paying $140 a month for 48 months. Which of these groups of values plugged into
the TVM Solver of a graphing calculator will give him the correct answer for
the interest rate being offered?
O A. N=4; 1% = : PV=0; PMT=-4900; FV=6720;P/Y=1; C/Y=12; PMT:END
B. N=4; 1% = ; PV=-4900; PMT=0; =6720; P/Y=1;C/Y=12; PMT:END
c. N=4; 1% = ; PV=-4900; PMT=0; FV=140; P/Y=1; C/Y=12; PMT:END
O D. N=4; 1% = ; PV=0; PMT=-4900; FV=140; P/Y=1; C/Y=12; PMT:END
SUBMIT

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share