Answer:the answer is D
Explanation:
It goes up and down due to the adjustable rate of the mortgage
Answer:
The options which is NOT correct is C.
Purchasing power does not increase with inrease in the rate of inflation. There is an inverse relationship between inflation and purchasing power of money.
Explanation:
Inflation refers to the overall increase in prices of goods and services and the erosion of the power of the currency to purchase those goods and services. In otherwords, when inflation happens, one requires more dollar bills to purchase same unit of goods or services.
Deflation is the opposite of inflation. It refers to the decrease in the prices of goods and services and is usually accompained by an increase in the purchasing power of the currency.
Nominal interest rate simply put is the interest payable on a loan without considering processing fees, compounding interest payable and the erosion of the value of such money.
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A stock character is a stereotypical person who often appears in literature. It is a stereotypical character who is characterized by his or her flatness, meaning they are not complicated.
Answer:
Interest= $1000000
Explanation:
The general structure of an income statement proceeds as follow:
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=EBITDA
Depreciation & Amortization Expense (-)
=Operating Income or EBIT
Interest (-)
Other Expenses (-)
=EBT (Pre-Tax Income)
Income Taxes (-)
=Net Income
<u>In this exercise:</u>
EBIT= $6000000
interest= ?
tax=? (0,40)
EBITDA=$3000000
interest= [EBITDA/(1-t)]-EBIT
interest=3000000/0,60-6000000=-$1000000
EBIT= 6million
Interest= 1million
Tax=2million (EBIT-interest)*0,40
Net income=3million
Answer:
Star Associates is a venture capitalist.
Explanation:
A venture capital is a type of private equity firm that specializes in investing on early-stage startup companies. In exchange, they would receive a percentage of ownership over the company, depending on how much money they pledged in the funding round that the company held. Many tech entrepreneurs in Silicon Valley and elsewhere in the US receive this form of funding when they just started their company. Each venture capital firm has its own policy on the type of company the usually invest in and the amount that they are willing to pledge.
