Table 5 Cumulative loan balance and interest expense ( 1- per month)b-.docx

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Table 5 Cumulative loan balance and interest expense ( 1% per month) b. Given that Gale Force is charged 12 percent annual interest ( 1 percent a month) on its cumulative loan balance each month ( Table 5), how much would Tim's suggestion save in interest expense in a year? .

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Swifty Company reported the following amounts in the stockholders equity section of its December 31, 2024, balance sheet. During 2025. Swifty took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2024$9 per share dividend on preferred stockand a $2 per share dividend on commen stock These. dividends hid been declared an December 31 , 2024 . 2. Purchased 1.800 shares of its own outstanding common stock for $41 per share. Swifty uses the cost method. 3. Reissued 700 treasury shares for land valued at $31 A 00 4. tsswed 510 shares of prefecred stock at $104 per share. 5. Deciared a 10% stock dividend on the outstanding coenmon stock when the stock is seilins for $45 per share. 6. Issued the stock dividend. 7. Dectared the annual 2025$9 per share divilifnd on prefered stock and the $2 per share dividend ancoinutwn stock These dividends are payable in 2026 . .

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