1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VashaNatasha [74]
3 years ago
14

How much does it cost to convert a shed into a house?

Business
1 answer:
Firdavs [7]3 years ago
7 0
It take a lot because a house is bigger the a shed
You might be interested in
On January 1, 2021, Clark Corporation sold an $800,000, 7% bond issued for $767,320. The bonds are to pay interest quarterly and
serg [7]

Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.

<h3>What is the total cost of borrowing?</h3>

The total cost of borrowing includes the bond discounts and the interest expenses.

In this case, the total cost of borrowing is $344,702.87.  However, this is only the pre-tax cost.

<h3>Data and Calculations:</h3>

Face value = $800,000

Interest rate = 7%

Bonds proceeds = $767,320

Bonds discounts = $32,680 ($800,000 - $767,320)

Maturity period = 5 years

Market rate = 8%

Interest payment = quarterly

Quarter interest expense = $14,000 ($800,000 x 7% x 1/4)

N (# of periods) = 20 (5 x 4)

I/Y (Interest per year) = 8%

PMT (Periodic Payment) = $14,000 ($800,000 x 7% x 1/4)

FV (Future Value) = $800,000

<u>Results:</u>

PV = $767,297.13

Sum of all periodic payments = $280,000 ($14,000 x 20)

Total Interest = $312,702.87

Total cost of borrowing = $344,702.87 ($32,680 + $312,702.87)

Thus, Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.

Learn more about the total cost of borrowing at brainly.com/question/25599836

6 0
1 year ago
In order to make sure it is possible to clean the floors under shelving units in food establishments, the shelves must be at lea
soldier1979 [14.2K]
The shelves must be at least SIX [6] INCHES above the floor. This is necessary in order to facilitates proper cleaning of the floors, the unobstructed space below the shelf will make it easier to clean the underneath of the shelves. This will prevent cockroaches and other kitchen pests from habouring the space.
3 0
3 years ago
1do you think jack is an entrepreneur? motivate your answer.
lesantik [10]

Answer: I  think jack is an entrepreneur because he is allowing kids to  jumpstart their entrepreneurial journey. Kids can operate their own drink stands or marketplace locations, all while learning the basics of business and making money. jack helps kids know that they can always start young and be successful.

Explanation:

3 0
2 years ago
The village of Shelburne operates a nine-hole golf course as an enterprise fund. You are provided with the following information
xeze [42]

Answer:

$1,006,701

Explanation:

Preparation of the net position section of Shelburne’s of net position

First step is to calculate the ending balance

Net investment in capital assets:

Beginning balance$585,400

Add Leased equipment $200,000

Less Lease obligation $160,000

($200,000 − $40,000)

Less Sale of equipment $6,100

Add New equipment (lawnmower) $75,000

Less Note related to lawnmower $25,000 Less Depreciation and amortization $75,000

Ending balance$594,300

Now let Prepare the net position section of Shelburne’s of net position

VILLAGE OF SHELBURNE Golf Course Enterprise Fund

Partial Statement of Net Position As of year End

Net Position:

Net Position—Net Investment In Capital Assets $594,300

Add Net Position—Restricted$5,000

Add Net Position—Unrestricted$407,401

Total Net Position $1,006,701

($594,300+$5,000+$407,401)

Therefore the net position section of Shelburne’of net position will be $1,006,701

5 0
2 years ago
Why do banks retain a fractional reserve?
nevsk [136]
Because banks hold reserves in amounts that are less than the amounts of their deposit liabilities, and because the deposit liabilities are considered money in their own right, fractional-reserve banking permits the money supply to grow beyond the amount of the underlying base money.
7 0
2 years ago
Other questions:
  • PRODUCT POSSIBILITIES QUESTION 20 point
    14·2 answers
  • Direct finance is a transaction between two parties where one party lends directly to the other​ party, whereas indirect finance
    10·1 answer
  • Jeanine Baker makes floral arrangements. She has 18 different cut flowers and plans to use 7 of them. How many different selecti
    14·1 answer
  • If the required reserve ratio is 20 percent and commercial bankers decide to hold additional excess reserves equal to 5 percent
    10·1 answer
  • Echo Corporation uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. During the ye
    5·1 answer
  • A major reason why it is difficult to lower the barriers to free trade is A. the loss of jobs without any gain of jobs from free
    7·1 answer
  • How would life be without technology
    12·1 answer
  • A major distinction between a conventional bank and an Islamic bank is that Islamic banks __ are allowed to charge higher intere
    10·1 answer
  • Match the tasis with the professionals who do them
    15·2 answers
  • The process of dividing work activities into separate job tasks is known as ________.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!