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3 years ago

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If you bought a home that cost $100,000, it is currently worth $200,000, and you still owe $50,000 on it, how much equity do you

have in the home?

1 answer:

Cerrena [4.2K]3 years ago

8 0

Answer:

i think it will equal 100.000

Explanation:

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You live on your own but your getting kick out you have a truck to what do you do?

yanalaym [24]

Answer:There are numerous answers to this question but the smart and safe thing to do is if you have money drive to a hotel if you don't I would sell thtruck as a last result

Explanation:

3 0

3 years ago

Read 2 more answers

On January 1, 2020, Echo Company issued $550,000, 16 year, 9%, annual, callable bonds for $475,000. On December 31, 2025, Echo C

Gnom [1K]

Answer:

1. Prepare the Journal Entry to record the Issuance of the Bond

January 1, 2020, bonds issued at a discount

Dr Cash 475,000

Dr Discount on bonds payable 75,000

Cr Bonds payable 550,000

2. Determine the amount of the Discount/Premium that is still not amortized (using the Straight-Line Method)

total bond life = 16 years, 5 years have passed

amortization of bond discount per coupon payment = $75,000 / 16 = $4,687.50

so $51,562.50 have not been amortized yet

3. Prepare the Journal Entry to record the Retirement (Redemption) of the Bond.

Before being able to redeem the bonds, the remaining discount must be amortized:

December 31, 2025, amortization of bond discount

Dr Interest expense 51,562.50

Cr Discount on bonds payable 51,562.50

the journal entry to record the redemption of the bonds

December 31, 2025, bonds redeemed at a loss

Dr Bonds payable 550,000

Dr Loss on retirement of debt 11,000

Cr Cash 561,000

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3 years ago

Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate

Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

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3 years ago

"Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an exampl

Usimov [2.4K]

Answer:

Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an example of when a favorable cost variable would not be good news for the performance of the organization.

What department would be responsible for the variance? What would you recommend to correct the variance? Explain your reasoning.

Explanation:

In the Jet airways example, if the package price stays the same or higher but gettting a positive variation, good news are fake as this means that the number of passengers that were expected to travel, in fact diminished.

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3 years ago

The alternative to viewing management as a process is to focus on

NeTakaya

Answer:

B/ People

Explanation:

This is because, the ability to manage people and direct them on what is expected of them to do and not to do can be viewed as management. For example, directing workers on what job duties to do in a sugar manufacturing company is called management.

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3 years ago