If you borrow $50,000 at an annual interest rate of 12% for six years, what is the annual payment (prior to maturity) on a fully amortized loan?

Mega Sales sells some store fixtures acquired a few years back. The acquisition cost of the fixtures is $12,500, the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold at a gain of $250. This event would be recorded in the Investing section of the statement of cash flows as an:

a. inflow of $3,000 b. inflow of $250 c. outflow of $12,500 d. inflow of $2,750

Attracting tourists to Wisconsin is an example of marketing properties

Indicate whether the statement is true or false