Answer: $4,000
Explanation:
The house is worth $200,000 in the present when you bought it.
When you sell it in a year, it would have appreciated by 2% over the capital that you invested as per the expected increase in Real Estate rates.
Your capital gain therefore is that 2%;
= 2% * 200,000
= $4,000
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Budgeted production TX500
May 20,000
June 32,000
July 39,000
August 46,000
TX500 should have 40% of next months sales in ending Inventory. On May 1, there were 9,000 units of TX500.
Production for June:
Sales= 32,000 units
Ending inventory= (39,000*0.40)= 15,600
Beginning inventory= (32,000*0.4)= 12,800 (-)
Total= 34,800 units
Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
Answer:
The maturity value is "$79790".
Explanation:
The given values are:
Principal
= $79,000
Time
= 30/360
Rate
= 12%
The interest on the cash loan to Ryan and Co will be:
= 
= 
($)
Maturity value
= 
= 
= 
= 
