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Tasya [4]
3 years ago
13

You currently have a​ one-year-old loan outstanding on your car. you make monthly payments of $ 400$400. you have just made a pa

yment. the loan has four years to go​ (i.e., it had an original term of five​ years). show the timeline from your perspective. how would the timeline differ if you created it from the​ bank's perspective?
Business
1 answer:
Verizon [17]3 years ago
5 0
<span>If I have a one year loan outstanding on my car and make monthly $400 payments, my timeline would include twelve equal payments of $400 starting now. The bank's timeline would be the same twelve equal installments of $400 but they would be cash inflows since I am paying the money to the bank. I would consider the $400 a cash outflow.</span>
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An appraiser completes an appraisal for a homeowner in preparation for obtaining a loan. The appraiser provides a letter report
Oxana [17]

The situation here is that the appraiser is:

  • Taking a percentage for his services from the appraisal

Based on the given question, we can see than when an appraisal is made, the appraisal which is actually a written report that makes an estimate of the present value of a piece of property.

With this in mind, we can see that the appraiser preferred to take his payment from the percentage value of the <em>value of the property </em>which he appraised. This method is sure to give the appraiser more money than he would have made, especially if the value of the property was quite high.

Read more about appraisal reports here:

brainly.com/question/25088996

3 0
2 years ago
The flood account is set up as a chiasm. this means it is a _______________ story/account.
Anni [7]

The flood account is set up as a chiasm. this means it is a account story/account.

<h3>How do you explain chiasm?</h3>

A chiasmus is a rhetorical device used to create a stylized writing effect, in which the second part of a sentence is a mirror image of the first.

<h3>Chiasmus: What Is It?</h3>

"By day the frolic" is the first part of the statement.

"And the dance by night," reads the second half of the line.

<h3>What does the Bible's chiastic structure entail?</h3>

A literary device used in narrative motifs and other textual passages is the chiastic structure, often known as the chiastic pattern. The presentation of two concepts, A and B, along with their variations, A' and B', as A,B,B', and A' is an illustration of chiastic structure.

<h3>What is the significance of the chiastic structure of the Bible?</h3>

The chiastic structure, also referred to as the chiastic pattern, is a literary device employed in narrative motifs and other textual sections. The presentation of two ideas, A and B, along with their variations, A' and B', as A,B,B', and A', serves as an example of chiastic organization.

To Know more about chiasmus

brainly.com/question/2054931

#SPJ4

8 0
1 year ago
Crumbie, a cereal company, not only provides nutritional information on the packaging box of its products but also goes a step a
omeli [17]

The answer is: Consumerism

Consumerism refers to a view that encourage the purchase of goods and services. Companies can contribute to consumerism during their marketing campaign. During the campaign, they would do many things to make their products seems desirable , which would encourage the consumers to buy their products.

7 0
3 years ago
Using accrual accounting, expenses are recorded and reported only: _A. when they are incurred and paid at the same time. B. if t
sleet_krkn [62]

Answer:

C. when they are incurred, whether or not cash is paid.

Explanation:

In accrual accounting, expenses are recorded in the moment they are incurred, even if they have not been paid for.

In fact, the term "accrued expense" means an expense that has been incurred, but not yet paid.

One common example of an accrued expense is accrued wages:

Suppose that a firm hires a worker on March 1, for a wage of $1,000 dollars per month, that is due to be paid at the end of the month (March 31). This worker is earning $33 per day. By March 4, the firm should have recorded accrued wages for $132 ($33 x 4 days) even if no payments will be made until March 31.

4 0
3 years ago
The following costs were incurred in May: Direct materials$40,500 Direct labor$36,700 Manufacturing overhead$28,800 Selling expe
Lady bird [3.3K]

Answer:

$77,200

Explanation:

Conversion cost is calculated as;

= Direct labor cost + Manufacturing overhead.

Given that;

Direct labor cost = $40,500

Manufacturing overhead = $36,700

Conversion cost = $40,500 + $36,700

= $77,200

7 0
3 years ago
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