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2 years ago

Suppose you want to borrow money from banks. You are considering

Business

1 answer:

liubo4ka [24]2 years ago

8 0

The loan I would select is loan A. This is because it has a lower effective annual rate.

<h3>Which loan would I select?</h3>

The loan I would select would be the cheaper one. In order to determine the cheaper loan, I would calculate the effective annual rate. The effective annual rate is the actual interest rate that is paid on a loan.

Effective annual rate = (1 + APR / m ) ^m - 1

Where: M = number of compounding

Loan A = ( 1 + 0.0775/365)^365 - 1 = 8.06%

Loan B = (1 + 0.08/2)^2 - 1 = 8.16%

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1 year ago

Belltone Company made the following expenditures related to its 10-year-old manufacturing facility:

solong [7]

Answer:

Acc dep - manufacturing facility 205,000 debit

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Cash 780,000 credit

--to reocrd addition of a new wing--

maintenance expense 15,500 debit

cash 15,500 credit

--to record maintenance expense for the period

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1.- the improvements will decrease the accumulated depreciation

2.- The wing will be considered a new asset and depreciate separately

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3 years ago

calculate the opportunity cost of producing the first 10 missiles. 4. calculate the opportunity cost of producing the last 10 mi

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Milk Missiles (Millions of Gallons)

0 40 \s 10 34 \s 20 27 \s 30 19 \s 40 10 \s 50 0

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10,000,000,000 gallons of milk

Milk Missiles (Millions of Gallons)

0 40 \s 10 34 \s 20 27 \s 30 19 \s 40 10 \s50 0

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Since we are measuring in physical units, a point outside the curve indicates that something is impossible.

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1 year ago

For the year ending December 31, 2020, Cobb Company accumulates the following data for the Plastics Division which it operates a

Andrew [12]

Answer:

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Report to product manager budget over (under)

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In preparing reponsibility report, the difference between actual and budgeted is reported as over or under depending on if the item is an income or expense item. If the item is an income item, example, contribution margin, the difference between budget and actual is over when actual value is higher than budgeted.

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