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3 years ago

Which is the most accurate definition of bankruptcy?

Business

1 answer:

azamat3 years ago

3 0

<span>c. you legally declare you can't pay your bills</span>

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John borrows $10,000 for 10 years at an effective interest rate of 10%. He can repay the loan using the amortization method with

Ierofanga [76]

Answer:

The balance in the Sinking Fund immediately after repayment of the loan will be $2,133.19

Explanation:

Hi, John will pay the loan by paying the yearly interest and the rest is going to go to the sinking fund, so, if he has $1,627.45 and the annual interest of the loan are $1,000, he will be depositing $627.45 into the sinking fund for ten years. Therefore, the future value of the annual deposits of the sinking can be found by using the following formula.

$FutureValue=\frac{A((1+r)^{n} -1)}{r}$

Where:

A = equal annual savings into the sinking fund (that is $627.45)

r = effective rate of the sinking fund (14%)

n = 10 years

Everything should look like this.

$FutureValue=\frac{627.45((1+0.14)^{10} -1)}{0.14}$

$Future Value=12,133.19$

Now, this is the balance after 10 years, but remember that John has to pay the loan, which is $10,000 (not $11,000 because John pays the interest of the loan and then deposits the balance into the sinking fund). Therefore, the balance after repaying the loan is $12,133.19 - $10,000 = $2,133.19.

Best of luck.

8 0

3 years ago

The management at ABC Computers believes that high sales will result in high profits. Together with the company sales force, man

meriva

Answer:

sales orientation

Explanation:

Sales Orientation -

It is the business method to make profit just by selling the products to the customer rather than considering the needs of the customer , is known as sales orientation .

This method is adapted by to increase the profit margin.

Hence , from the question , the company is using , sales orientation .

4 0

2 years ago

Which of the following is a characteristic of the coverdell education savings account?

bulgar [2K]

D. There is a maximum yearly contribution limit

4 0

3 years ago

Read 2 more answers

3. You run a construction firm. You have just won a contract to construct a government office building. It will take one year to

Gre4nikov [31]

Answer:

NPV= $1,983,471.1

Explanation:

Giving the following information:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

NPV= -Io + ∑[Rt/(1+i)^t]

where:

R t =Net cash inflow-outflows during a single period t

i=Discount rate of return that could be earned in alternative investments

t=Number of timer periods

NPV= -10,000,000 - 5,000,000/1.10 + (20,000,000/1.10^2)

NPV= $1,983,471.1

3 0

3 years ago

Who is you think making the phones?

nasty-shy [4]

Answer:

I D K

Explanation:

AND BTW I WAS J K D

6 0

2 years ago