Answer:
Determination of activities,
Grouping of activities,
Allotment of duties to specified persons,
Delegation of authority,
Defining relationships, and.
The co-ordination of various activities.
When there is no government involvement in answering the three basic economic questions this is Market Economy.
Market
<u>Explanation:</u>
When there is no government interventions in the market system or economy then it is known as Market Economy or Lassez faire.
Here the firms and household determine who sells the goods and who buys it and everything is carried out according to them and there is no government intervention like that of the command economy.
There is a lot of profit for the businessman as the consumers pay as high the price as they want to and no amount is given to the government.
In order to buy a car worth $25,000 a monthly payment of $622.12 is required.
Mortgages are one type of loan that frequently has a structure that calls for a stream of identical monthly payments. The lender can assess whether the customer's budget can support equal monthly payments by doing so.
Suppose the monthly payment is M.
With 9 percent APR, the effective monthly rate is 9%/12 = 0.75%.
There will be 12 x 4 years, or 48 monthly payments.
The face value of the loan must be equal to the present value of these monthly payments, or
which yields M = 622.12.
If you only paid interest, the monthly payment would be calculated as follows: principal * monthly interest rate (9% /12) = 25,000*0.75% = 187.5.
The results would be that after five years, you would still owe the whole amount of $25,000 and would have to pay $11,250 in interest.
Learn more about loans:
brainly.com/question/11794123
#SPJ4
Answer:
a. $11,760.
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Cost of asset = $60,000 + $8,000 + $2,800 = $70,800
($78,800 - $12,000) / 5 = $11,760.
I hope my answer helps you
Answer:
80.88; 7.80; 11.32
Explanation:
Common Stock:
Value = Number × Price
= 5,000,000 × $28
= $140,000,000
Preferred Stock:
Value = Number × Price
= 1,000,000 × $13.50
= $13,500,000
Bonds:
Value = Number × Price
= 20,000 × $980
= $19,600,000
Total value = $140,000,000+ $13,500,000 + $19,600,000
= 173,100,000
Weight of common stock = Respective Value ÷ Total Value
= $140,000,000 ÷ 173,100,000
= 80.88
Weight of preferred stock = Respective Value ÷ Total Value
= $13,500,000 ÷ 173,100,000
= 7.80
Weight of Bonds = Respective Value ÷ Total Value
= $19,600,000 ÷ 173,100,000
= 11.32
