Answer:
The correct answer is letter "A": True.
Explanation:
Term loans are those where individuals or organizations request a certain amount of money from a financial institution with the promise the individual or institution will be in charge of a series of periodical payments (principal + interest) to cover the debt.
<em>Term loans are privately negotiated between borrowers and lenders, offering the advantage of speed because there is no need for filings with the Securities and Exchange Commission (SEC) or other regulatory entities to request them.</em>
It is referred to as Capabilities. It is essential to accomplish its business model or bring about its mission. In addition, an easy way to comprehend the thought is to think about capabilities as organizational level expertise is set in people, method, and technology.
Answer:
$500;$810
Explanation:
Based on the information given we were told that he painted his office and replaced the door at a cost of the amount of $500 which means that Travis has the amount of $500 in deductible direct expenses
Calculation for deductible indirect expenses.
First step is to calculate the utilities
Utilities= $3,000 x (240/2,400)
Utilities= $3,000 x 10%
Utilities= $300
Second step is to calculate the property taxes
Property taxes= $1,500 x 10%
Property taxes= $150
Third step is to calculate the mortgage interest
Mortgage interest= $3,600 x 10%
Mortgage interest= $360
Now let calculate the deductible indirect expenses.
Deductible indirect expenses=$300+$150+$360
Deductible indirect expenses=$810
Therefore Travis has $500 in deductible direct expenses and $810 in deductible indirect expenses.
Check your stuff to see what you already have and what you need.To go around buying everything you want just because its pretty.
Answer:
The annual rate of return is -2.83%
Explanation:
The annual rate can be calculated from the formula FV=PV*(1+r)^N
Where FV is the future value of the investment
PV is the amount invested which is $276,500
N is 9 years
213600=276,500*(1+r)^9
213600/276500=(1+r)^9
divide index on both sides by 9
(213600/276500)^1/9=1+r
(213600/276500)^1/9-1=r
r=-0.02827109
r=-2.83%
Hence the annual rate of return on the investment is -2.83%, which means the investment depleted by 2.83% from initial invested amount of $276,5000 to $213,600 after nine years
