Answer: $415,688
Explanation:
First find the future value of paying $1,200 every month for 360 months.
This is the future value of an annuity:
= Payment * ([1 + interest) ^ no. of periods - 1) / interest
Use periodic interest = 5.75%/ 12
30 years * 12 = 360
= 1,200 * ( ( 1 + 5.75%/12)³⁶⁰ - 1) / 5.75% / 12
= $1,149,357.14
Future value of the loan amount is:
= 280,000 * (1 + 5.75% / 12) ³⁶⁰
= $1,565,045.14
Ballon Payment = 1,565,045.14 - 1,149,357.14
= $415,688
Answer:
$67,000
Explanation:
Remember that,
Cost of Goods Manufactured = Beginning WIP + Total Manufacturing Costs - Ending WIP
this can also be written as :
Ending WIP = Beginning WIP + Total Manufacturing Costs - Cost of Goods Manufactured
therefore,
Ending Work In Process Inventory = $25,000 + $200,000 -$158,000
= $67,000
The release of earnings announcements and economic indicators are similar because c) both are estimated in advance by analysts.
<h3>Why are earnings announcements analyzed?</h3>
Earnings announcements help determine the value of a company and so they are analysed to help people decide if they can invest and make a capital gain.
Economic indicators are also analyzed with the goal being to predict where the economy is going and what to do about it.
The full question and options are:
What does the release of earnings announcements have in common with the release of economic indicators?
a) Both are typically released on a quarterly basis.
b) both are typically published by corporations
c) both are estimated in advance by analysts
Find out more on economic indicators at brainly.com/question/903754.
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Answer: 1) consistency of the investment decision with corporate objectives
2) commitment to quality
3) corporate culture
4) business responsibilities to society and other external stakeholders.
Explanation: Qualitative factors are outcomes of decisions that can not be measured or quantified.
A company's project having a poor payback period and net present value may still go ahead with the project when it considers the consistency of the project with its corporate objectives; corporate culture; commitment to quality; its responsibilites to society.
Answer:
$30,560
Explanation:
The computation of the income tax expense for the year 2016 is shown below:
= Taxable income × enacted tax rate
= $152,800 × 20%
= $30,560
Simply we multiply the taxable income with the enacted tax rate so that the correct amount of income tax expense can come
All other information which is given is not relevant. Hence, ignored it
