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Alla [95]
2 years ago
14

If someone gets a 1000 dollar loan how much will their monthly payment be

Business
1 answer:
SCORPION-xisa [38]2 years ago
8 0

Answer:

the monthly payment column represents the principal and interest payment for each $1,000 you borrow. For example, if you borrow $100,000 for 30 years at 4.25%, your monthly payment per $1,000 borrowed would be $4.92. Multiply that factor (4.92) by 100 (100,000/1,000) to estimate your monthly payment of $492.00.

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Ayayai Corporation engaged in the following cash transactions during 2020. Sale of land and building $194,800 Purchase of treasu
Maksim231197 [3]

Answer:

$91,900 (provided)

Explanation:

The cashflow statement shows how much cash has been used up or generated by the company's activities which are classified into 3 groups;

  • Operating,
  • investing and,
  • Financing.

The sale of land and building, purchase of land and equipment are investing activities. Others are financing activities as they relate to owner's equity and long term debts.

The net cash provided (used) by investing activities

= $194,800 - $44,700 - $58,200

= $91,900

4 0
3 years ago
A computer repair service has a design capacity of 80 repairs per day. Its effective capacity, however, is 64 repairs per day, a
Lelu [443]

Answer:

The recommendation for the manager is to investigate more on scheduling and balancing.

Explanation:

It is clear that it is not a problem of quality (the problem is the number of repairs per day, not how the satisfaction customer's level is after the repairment). It is not either a problem of absenteeism since it does not define the total workers hired Vs the output of the total repairs. It seems that the effective capacity has to do more with how the tasks and loads are carried by the working team, since the difference between "design" capacity and "effective" capacity suggests a problem with balancing and scheduling activities

7 0
3 years ago
Which one of the following best states the primary goal of financial management? Select one: a. Maximize current dividends per s
11Alexandr11 [23.1K]

Answer:

B

Explanation:

The main of financial management is maximization of shareholders' investment in the company.Whereas the metric for shareholder's investment is the current share price

To maximize share price the company must post positive earnings ,grow its asset base as well as pay dividends from profits realized.Such company is then perceived worthy of investing in and many investors are happy buying its shares.

Judging from the law of demand,the higher the quantity demanded the higher price set .

6 0
3 years ago
On December 1, 2018, ABC signed a $300,000, 5%, six-month note payable with the amount borrowed plus accrued interest due six mo
MrMuchimi

Answer:

$315,000 will be needed to pay back

Explanation:

When the note payable is signed, the entries would be as follows :

Cash $300,000 (debit)

Note Payable $300,000 (credit)

Interest that accrues over the period of the over the note receivable is

Interest expense $15,000 (debit)

Note Payable $15,000 (credit)

Interest expense = $300,000 × 5%

                            = $15,000

On June 1, 2019 the Note Payable plus Interest that needs to be paid would be :

Note Payable $315,000 (debit)

Cash $315,000 (credit)

4 0
3 years ago
A vertical analysis calculates percentages to compare the parts of an individual statement to the whole. For example, on an inco
vichka [17]

Answer:

1. True

Explanation:

Vertical analysis the the percentage calculation of each item of Income statement with Gross revenue. We calculate the percentage of Gross margin which is the percent of Gross income and gross sales. Just like this the COGS to sales, Net income margin, operating income margin and operating expenses to sales ratio are calculated in vertical analysis to check the sensitivity of each part of the income to the gross income.

Ye it is true that A vertical analysis calculates percentages to compare the parts of an individual statement to the whole. For example, on an income statement, each item could be shown as a percentage of net sales.

7 0
3 years ago
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