All categories

3 years ago

Making a down payment reduces the

Business

2 answers:

RUDIKE [14]3 years ago

5 0

Answer:

D) loan principle amount

Explanation:

The loans are contracted at an interest rate and for a specified period. When a loan is repaid before the repayment date, you may get a discount on the loan amount amount. This is because the interest rate is applied over time (days, months or year) and if you pay before maturity, it will be applied in proportion to the time you used the loan.

densk [106]3 years ago

3 0

D is the correct answer.

You might be interested in

Gundy Company expects to produce 1,207,200 units of Product XX in 2017. Monthly production is expected to range from 75,600 to 1

kenny6666 [7]

Answer and Explanation:

The preparation of the flexible manufacturing budget is presented below:

Activity level

Finished units 75,600 96,600 117,600

(75,600 + 21,000)

Variable costs

Direct materials($3) $226,800 $289,800 $352,800

Direct labor ($7) $529,200 $676,200 $823,200

Overhead ($10) $756,000 $966,000 $1,176,000

Total variable costs $1,512000 $1,932,000 $2,352,000

Fixed costs

Depreciation [($4 × 1,207,200) ÷ 12] $402,400 $402,400 $402,400

Supervision [($1 × 1,207,200) ÷ 12] $100,600 $100,600 $100,600

Total fixed costs $503,000 $503,000 $503,000

Total costs $2,015,000 $2,435,000 $2,855,000

We simply added the total variable and total fixed cost so that the total cost could come and the same is shown above

5 0

3 years ago

Price indexes can be used to compare prices across different periods. Suppose that a year of tuition for college at public insti

vagabundo [1.1K]

Question attached

Answer:

1. $3586

2. More than the amount of inflation

Explanation:

Consumer price index 1989 = 114

Price 1989 = $1817

Price for 2009=Consumer price index for 2009 / Consumer price jndex 1989 = Price 2009 / Price 1989

= 225 / 114 = Price 2009 / $1817

= Price for 2009 = $3586

cost of tuition increased in 2009 by = $3307 that is 6893 - 3586 more than amount of inflation

7 0

3 years ago

Explain business with two Examples <br>

avanturin [10]

Explanation:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

Example Coca-Cola, Amazon etc.

7 0

3 years ago

Read 2 more answers

Brummitt Corp., is evaluating a new 4-year project. The equipment necessary for the project will cost $2,000,000 and can be sold

sergejj [24]

Answer:

The aftertax salvage value of the equipment is $302,964

Explanation:

In order to calculate the aftertax salvage value of the equipment, first we would need to calculate the Book value of the equipment after 4 years as follows:

Book value of the equipment after 4 years = Purchase price *(1-depreciation rate each year)

= $2,000,000*(1-0.2-0.32-0.192-0.1152)

=$345,600

Loss on sale = $281,000-345,600

= 64600

Tax benefit on loss = $64,600*34% = $21,964

Therefore, After tax salvage value = selling price + tax benefit

= $281,000 + $21,964

=$302,964

The aftertax salvage value of the equipment is $302,964

5 0

3 years ago

Read 2 more answers

Expenditure by business on capital goods is known as what

AURORKA [14]

Answer:

Investment Spending or Capital Expenditure.

Explanation:

Capital Expenditure or Investment Spending mainly deals with business expenditure on capital goods or factor/inputs of production which are used in the production process.

7 0

3 years ago