| | | Course Project - Part 1 - Task 1: Assessing loan options for AirJet Best Parts‚ Inc. | | | | | | | | | | | | | | | | Question 1: | APR (given) | EAR (calc) | | 2nd ICONV | | | | | | National First | 3.25 + 6.75 = 10% | 10.25 | | NOM = 10% | | | | | | | | | | C/Y = 2 (semiannual) | | | | | | | | | | EFF = 10.2500 | | | | | | | | | | | | | | | | | | | | | | | | | | Regions Best | 13.17 | 13.99 | | 2nd ICONV
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Kim Witten Course Project Part I Task 1 1. National First (Prime rate is 3.25%) +6.75% = 10% Semiannually EAR = (1+.10/2) ^2 – 1 which is 10.25 Regions Best Rate is 13.17% Monthly EAR = (1+.1317/12) ^12 – 1 which is 13.99 2. I think that between National First and Regions Best that National first offers the lower rate after computing the EAR. National first is also only compounded semiannually making it lower then Regions Best. The only thing I worry about it the prime rate changing
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Task 1: Assessing loan options for AirJet Best Parts‚ Inc. 1. MPRIME as of 08/2013 was 3.25% APR for National First = 3.25% + 6.75% = 10% APR for Regions Best 13.17% EAR for National First [(1 = ((10%)/2)) 2-1 = 10.25% EAR for Regions Best [(1 = ((13.17%)/12)) 12-1 = 13.9947% 1. Based on the information about I would choose National First because of the lower EAR rate of 10.25% and also because the EAR is compounded semiannually making the EAR even lower over Regions Best who had a higher
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Project – Part I Task 1: Assessing loan options for AirJet Best Parts‚ Inc. The company needs to finance $8‚000‚000 for a new factory in Mexico. The funds will be obtained through a commercial loan and by issuing corporate bonds. Here is some of the information regarding the APRs offered by two well-known commercial banks. Bank | APR | Number of Times Compounded | National First | Prime Rate + 6.75% | Semiannually | Regions Best | 13.17 | Monthly | 1. Assuming that AirJet Parts‚ Inc
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Introduction: In this task you will prepare a report for the chief financial officer (CFO) to present to a bank vice president who may consider extending a long-term loan to Custom Snowboards‚ Inc. The CFO has requested that you analyze the financial statements to arrive at a selection of key financial statement line items‚ a risk assessment and ratios that the banker may use to assess and‚ if the loan is granted‚ track the progress of the company’s ability to repay the loan. You will prepare
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User Brooke B Hewitt Course BA 520: Financial Strat/Tech(68796-W15) Test Part 5 Quiz Started 1/13/15 2:46 PM Submitted 1/14/15 2:48 PM Status Completed Attempt Score 75 out of 75 points Time Elapsed 24 hours‚ 1 minute. Instructions Question 1 3 out of 3 points A rapid build-up of inventories normally requires additional financing‚ unless the increase is matched by an equally large decrease in some other asset. Correct Answer: True Question 2 3 out of 3 points As a firm’s sales grow
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Task one: A description of how a food safety management procedure ensures effective compliance with current legislation and codes of practice at the University of East Anglia catering Department. Richard A. Sprenger (2008‚ p270) writes “A food safety management system includes the policies‚ procedures‚ practices‚ controls and documentation that ensures the food sold by a food business is safe to eat and free from contaminants”. It is understood that the best method to fulfil these requirements
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RQLT TASK 5 (Revision 1) In the education field there is a large demand for classroom supplies. Most teachers receive a little financial help‚ but it rarely covers the cost for the whole year. With this in mind‚ many teachers need to purchase school supplies with their own money. Living on a teacher’s salary many times means watching every dollar. If a teacher needs to spend his or her own money on supplies for their room‚ their going to shop around for the best deal out there. A week before
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Assessment task five Legislation and policies As a childminder I must ensure that my setting is safe and healthy. For this reason I will ensure that I am registered with the appropriate governing bodies and I adhere to the set guidelines. I will have up to date policies and review them on a regular basis. They will include procedures to deal with Accidents‚ Illness‚ allergies‚ and storage of and administration of medication. There are three key areas with regard to the safe care of children
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QBT1 task 5 Final paper Dec 20 2012 Vickie Anderson WGU QBT1 task 5 Final paper Dec 20 2012 Possibly the most imperative public health challenge for the United States today is the obesity epidemic the population has. This obesity epidemic‚ is linked to an array of costly and debilitating health consequences. The widespread challenge of obesity and the health problems and concerns that go with that is an American public health problem. FDA’s approval of two new medications that
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