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1. A firm has $925 in inventory, $1,290 in fixed assets, $654 in accounts receivable, $258 in net working capital, and $150 in cash. What
1. A firm has $925 in inventory, $1,290 in fixed assets, $654 in accounts receivable, $258 in net working capital, and $150 in cash. What is the amount of current liabilities? 2. Mountain International has a debt payment of $1.27 million that it must make 3 years from today. The company does not want to come up with the entire amount at that time, so it plans to make equal monthly deposits into an account starting 1 month from now to fund this liability. If the company can earn a return of 5.98 percent compounded monthly, how much must it deposit each month? 3. What is the effective annual rate for an APR of 22.50 percent compounded monthly
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