Answer:
annual interest expense $ 14,000
interest expense per semiannual payment: $ 7,000
for a total of $ 14,000
Explanation:
The bonds were issued at face value. Thus, the interest expense will match the cash payment of the bond.
annual interest:
principal x rate x time
200,000 x 7% = 14,000
semiannual interest
principal x rate x time
200,000 x 7% x 1/2 (half-year) = 7,000
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<u>Note:</u>
We must express rate and time under the same metric. As the 7% rate is annual we multiply by 1/2 (a half) as there are 2 payment per year.
Answer:
$277.32
Explanation:
The computation of the company charged for break even is shown below:
Particulars Ruiz Wedding Rate Amount
Number of reception guests 73 $0.96 $0.96
Number of tiers on the cake 6 $28.92 $173.52
Number of orders 1 $78.19 $78.19
Number of decoration 1 $24.65 $24.65
Total $277.32
We simply multiplied the ruiz wedding with the rate so that the final amount could come
Answer:1)Yes
2)No,not enough
3)improved economy
Stronger currency
Reduced National debt
Improve index of living
4)political stability
Raw materials
Market for products
Laws of the country
Tax regime
Explanation:Greece is a wonderful nation in Europ and is known for it's tourism attraction,with his fairly dense population ,it will provide market for a new product with novel usefulness.businesses like hotels and other hospitality business will thrive here.
2)The plan EU exit is not a threat since it has been called off,being government workers is not a challenge especially if the goods and services intended is essential.the issue of defaulting on national debt will not affect private businesses as the company will rejig it's credit system such that credit purchases will be minimal,but a survey of the needs of the Greeks and their perception of the product intended to sell will give a good idea of whether the business will their.once the taste of the people are met ,there is bound to be sales and once services or goods are essential e.g commucation ,food etcindustry the is bound to be high patronage.
3)thepositive effect of the goverment policon austerity will be seen in improved index of living,relative stronger currency etc
4) other factors to be considered before opening a branch in Greece includes,the level of political stability in the country, availability of raw materials for production, Highly skilled Greek labor, friendly tax regime or laws, money repatriation laws which allow parents company to get share if profits easily.
Fair share of markets for products.
Language barrier is also a very important consideration while a good knowledge of the country law system is key to sitting a company in Greece,so as not to run foul of the country laws .
Answer:
Net Income for the year is $23,175
Explanation:
The Company's income Statement is prepared below. In relation to the following please note that:
- Total Revenue is considered Section A while Total Expense is Section B and the Net Income is the difference of the same (A - B).
<u>Income Statement on December 31st:</u>
HOME REALTY, CORPORATION
Income statement
For period ended December 31st
Revenue $
Sales Revenue 166,000
Other Revenue -
Total Revenue (A) 166,000
Expenses: $
Salaries and Wages Expense 97,000
Interest Expense 6,300
Advertising Expenses 9,025
Income Tax Expense 18,500
Dividends 12,000
Total Expenses (B) 142,825
Net Income (A-B) $23,175
Answer: Brian will have $700 dollars to pay the medical bill balance
Explanation: You already know your total is $3,000. Subtract 3,000 - 2,300, which will give you $700.00
