Anish kapoor's to reflect an intimate part of the red represents:

Assume that Guardian Company uses a periodic inventory system and has these account balances: Purchases $500,000; Purchase Retur

romanna [79]

Answer:

Net purchases:

= Purchases - Purchase Returns and Allowances - Purchase Discount

= 500,000 - 14,000 - 9,000

= $477,000

Cost of goods sold:

= Net purchase + Freight-in

= 477,000 + 15,000

= $492,000

3 0

3 years ago

Tim writes a note to his boss to apologize for an embarrassing typo in a recent publication. at the end of the message, he promi

lina2011 [118]

<span>Timâ€™s desire to demonstrate remorse for his sanctions as well as demonstrate his understanding of the consequences of his poor behavior. This promise is an example of Tim attempting to secure future employees within with his current organization. Tim is ultimately owning my up to a mistake like a true man.</span>

6 0

3 years ago

Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay

nirvana33 [79]

Answer:

Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)

Explanation:

Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.

$EffectiveAnnual=(1+EffectiveMonthly)^{\frac{1}{12} } -1$

That is:

$EffectiveAnnual=(1+0.012267477)^{\frac{1}{12} } -1=0.12986448$

Which we round to 12.99% effective annually.

Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.

Best of luck.

Download xlsx

3 0

3 years ago

Write a conversation between florist and customer for ordering a bouquet to gift for mom on Mother's Day - write with etiquette

Tatiana [17]

Answer:

sorry sir you would have to do this on your own

8 0

2 years ago

Who was assassinated during a visit to Sarajevo in Bosnia?

Lostsunrise [7]