Answer:
D. 3.6
Explanation:
The effective gross income multiplier (EGIM) is the ratio between the sale price (SP) and the effective growth income (EGI)
Sales Price (SP) = $950,000
Potential gross income (PI) = $250,000
Vacancy and collection losses (VC)= 15% = 0.15 * $250,000 = $37,500
Miscellaneous income (M) = $50,000.
The effective growth income is given by:
Thus, the effective gross income multiplier is:
Answer:
Explanation:
35% of $64,000 is $22,400
Yes you can cause if you save 20% of your monthly net pay in 4 months your gonna have $17,920
Answer:
1. Method(s) available to the parent for internal record-keeping - (A) Initial value method
2. Easiest internal record-keeping method to apply. - (F) Initial value method, partial equity method, and equity method.
3. Income of the subsidiary is recorded by the parent when earned. - (E) Partial equity method and equity method but not initial value method.
4. Designed to create a parallel between the parent's investment accounts and changes in the underlying equity of the acquired company. - (C) Equity method.
5. For years subsequent to acquisition, requires the *C entry. - (B) Partial equity method.
6. Uses the cash basis for income recognition. - (D) Initial value method and partial equity method but not equity method
7. Investment account remains at initially recorded amount. - (C) Equity method.
8. Dividends received by the parent from the subsidiary reduce the parent's investment account. - (E) Partial equity method and equity method but not initial value method.
9. Often referred to in accounting as a single-line consolidation. - (A) Initial value method
10. Increases the investment account for subsidiary earnings, but does not decrease the subsidiary account for equity adjustments such as amortizations - (A) Initial value method
Answer:
The company's pretax cost of debt is 7.45 %.
Explanation:
When it comes to bonds, the cost of debt is the required return on the bond known as the Yield to Maturity (YTM) of the bond.
The Yield to Maturity (YTM) of the bond can be determined as follows :
N = 23 × 2 = 46
PV = $951
Pmt = ($1,000 × 7 %) ÷ 2 = - $35
P/YR = 2
FV = - $1,000
YTM = ?
Using a Financial Calculator, the Yield to Maturity (YTM) of the bond is 7.4484 or 7.45 %
Therefore,
The company's pretax cost of debt is 7.45 %.
Answer:
b. $20.82
Explanation:
The APR is the annual percent rate on a credit card. That is, Barbara's credit card has a 19.99% annual interest rate. In order to find the amount charged in interest for this month, we must find her monthly interest rate (m):
Since her balance is 1250, her monthly interest is:
The answer is b. $20.82
