Answer:
total payment = $699,315.73
Explanation:
since Lara is making a 10% down payment, the principal of the loan will = $360,000 x 90% = $324,000
using a loan calculator:
- principal = $324,000
- APR = 6%
- n = 30 years or 360 monthly payments
monthly payment = $1,942.54
total payment = $699,315.73
interests paid = $375,315.73
Answer:
0.77
Explanation:
Calculation for the loan-to-value ratio
Using this formula
Loan-to-value ratio=Loan amount/ Purchase price
Let plug in the formula
Loan-to-value ratio=1,000,000/1,300,000
Loan-to-value ratio= 0.77
Therefore the loan-to-value ratio of this commercial loan will be 0.77
Available options are:
A. by using internal capital markets as a source of value creation
B. by adding more unrelated businesses into its corporate portfolio
C. by increasing its coordination and influence costs
D. by investing in businesses under the question mark quadrant of the BCG matrix
Answer:
Option A. By using internal capital markets as a source of value creation
Explanation:
The internal capital market is a mechanism of allocation of funds of an organization to its various projects that meets its desired return criteria and is in-accordance with their mission statement.
Option A is correct because the The reason is that if the organization is investing in the projects that will generate greater value by using its funds then it will increase the corporate performance.
Option B is incorrect because investing in unrelated business decreases the risk level associated with the corporate operations and is serious trouble for the company if it doesn't have any prior experience of the unrelated business.
Option C is incorrect because cordination might not bring value to corporations as there are many examples of mismanagement and collapse of corporations in the past.
Option D is also incorrect because almost one third of new businesses collapse every year. The investment in question mark is thus a very risky option and can effect the company by significant losses.
Hey there!
Once someone makes the commitment to start their own business, they're likely going to spend more time on the business than any job they currently have. So, option C is out. The commitment will also require a lot of Ben and Alison and many of their days (and nights) will be spent working on their business, meaning that B is also out. Also, success or good reviews are never guaranteed to people who start businesses, meaning that A is out, as well.
That leaves D, which makes sense, since they will not have to go through an employer that takes fees and taxes out of pay before giving them their paycheck. Besides required income taxes, they will earn all profits.
Hope this helped you out! :-)
Answer:
A) Debit Interest Receivable $175; credit Interest Revenue $175.
Explanation:
The adjusting entry that made as on December 31 is shown below;
Interest receivable Dr $175
To Interest revenue $175
(Being the interest receivable is recorded)
The computation is shown below:
= $15,000 × 10% × 42 days ÷ 360 days
= $175
The 42 days are from November 19 to December 31
Here the interest receivable is debited as it increased the assets and credited the interest revenue as it also increased the revenue
