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Rainbow [258]
3 years ago
5

Your sister's pet supplies business obtained a 30-year amortized mortgage loan for $250,000 at a nominal annual rate of 7.0%, wi

th 360 end-of-month payments. The firm can deduct the interest paid for tax purposes. What will the interest tax deduction be for for the first year of the loan
Business
1 answer:
Amiraneli [1.4K]3 years ago
4 0

Answer:

$17,419.55

Explanation:

To calculate the loan payment we use the formula:

a/ {[(1+r)^n]-1] / [r (1+r)^n]-1}

Where

a= $250,000

n= 360 (i.e 30years * 12months)

r = 0.00583/12 (7% / 12months)

=250000/{[(1+0.00583)^360]-1}/[0.00583(1+0.00583)^360]= $1663.26.

She'll pay $1663.26 in a month.

You'll need to construct an amortization table to get her annual payment.

After using the ammortization table properly her year1 payment will be $17419.55

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The opportunity cost of an additional 100 dolls is 100 fire trucks. b The opportunity cost of an additional 100 dolls is 50 fire
SVEN [57.7K]

Answer:

The correct answer is The opportunity cost of an additional 100 dolls increases as more dolls are produced.

Explanation:

The opportunity cost is understood as the cost incurred in making a decision and not another. It is that value or utility that is sacrificed for choosing an alternative A and neglecting an alternative B. Taking a path means that the benefit offered by the discarded path is waived.

In any decision taken there is an implicit waiver of the utility or benefits that could have been obtained if any other decision had been made.

For each situation there is always more than one way to address it, and each form offers a greater or lesser utility than the others, therefore, whenever one or the other decision is made, the opportunities and possibilities offered by the others will have been renounced, that may be better or worse (opportunity cost greater or lesser).

7 0
2 years ago
A professor decides to save paper by posting her syllabus on the university's web-based course application program instead of pr
LenaWriter [7]

Answer:

<u>Feedback</u>

Explanation:

In this question there is an example of feedback. This communication model occurred because after receiving the e-mail, the students asked the teacher about the message received via e-mail.

When a message is sent to a recipient and answered, feedback occurs. This answer is important for clear communication and for measuring the effectiveness of a message.

4 0
3 years ago
The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the direct method on the statement
denpristay [2]

Answer:

The beginning balance in accounts receivable was: $47,500

Explanation:

Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.

Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.

The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500

5 0
3 years ago
Taylor needs a natural resources in his venture to make his enterprise possible. Which of the following isn't considered a capit
Rina8888 [55]

<u>Answer:</u>

<em>The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.</em>

<u>Explanation:</u>

In economics, capital typically refers to money. But money is not a factor of production because it is not directly involved in producing a good or service.

Instead, it facilitates the processes used in production by enabling entrepreneurs and company owners to purchase capital goods or land or pay wages. For modern mainstream economists, capital is the primary driver of value.

8 0
2 years ago
_____ media are specifically designed to help bring customers eyeball to eyeball with the product--often at the point of sale or
cupoosta [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Exhibitive.

b) Transit.

c) Direct mail.

d) Outdoor.

e) Print.

And the correct answer is the option A: Exhibitive.

Explanation:

To begin with, the term known as <em>"Exhibitive Media"</em>, in the field of marketing and business, refers to the strategy used by the companies whose approach is in the point of sale marketing. This type of strategy focus on exhibiting the product to the costumer the closer as possible so it will generate an impulse on the client of buying the product without having it thought before seeing the product. A very common example of this strategy is the situation in where the supermarkets fill their lines to the cashier with other retails that have product that are attractive at first sight.

6 0
2 years ago
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