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3 years ago

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A loan for $100,000 is fully amortized over 25 years with payments of $772 per month, including interest of 8% per annum. the fi

rst month's interest, rounded to the nearest dollar, is:

1 answer:

Ilya [14]3 years ago

6 0

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

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One year ago, you purchased a stock at a price of $19 a share. You recently received an annual dividend of $1.2 a share. Today,

FromTheMoon [43]

Answer:

6.32%

Explanation:

Data provided in the question

Purchase price of share = $19 per share

Annual dividend per share = $1.20

Selling price per share = $17 per share

So, by considering the above information

The formula and the dividend yield on this investment is shown below:

= (Annual Dividend per share) ÷ (Initial price per share) × 100

= $1.20 ÷ $19 × 100

= 6.32%

3 0

3 years ago

If a country has positive net capital outflows, then its net exports are a. positive, and its saving is larger than its domestic

Hoochie [10]

Answer:

<em>a. positive, and its saving is larger than its domestic investment.</em>

Explanation:

Whenever a country has positive net capital outflows,<em> then the net exports will be absolutely positive.</em> Because, if a country has positive net exports, then the country has less number of imports as compare to the exports.

As country has to export its goods to other countries and bring back less amount of imports, and<em> not have to invest its amount domestically inside its country because it already took goods from foreign.</em> So here, we can say that OPTION(a) is correct.

3 0

3 years ago

Menthorp Inc. wants to design a variable-pay plan that fosters teamwork and business knowledge of its employees. In order to ens

Elena-2011 [213]

Answer:

cash profit sharing plan -

Explanation:

cash profit-sharing plan - it is one of the sharing plans in the profit-sharing plan. in this profit share directly to the employee through cash, stock, etc.

it is the sharing that is based on profit earned by the organization quarterly or annually. and its whole sole company how much they need to share among the employee.

4 0

3 years ago

Steven's Auto is trying to decide whether to lease or buy some new equipment costing $23,000 that has a life of three years, aft

jolli1 [7]

Answer:

$1,241

Explanation:

For computing the net advantage to leasing first we have to determine the total cash flow from leasing and total cash flow from buying which is shown below:

For leasing:

Year Lease payment PVF at 5.8% Present value

1 $6,500 0.9452 $6,144

2 $6,500 0.8934 $5,807

3 $6,500 0.8444 $5,489

Total outflow $17,440

For buy:

Year Outflow or inflow PVF at 5.8% Present value

0 ($23,000) 1 ($23,000)

1 $1,610 0.9452 $1,522

2 $1,610 0.8934 $1,438

3 $1,610 0.8444 $1,359

Total outflow $18,681

Now the net advantage to leasing is

= Buy outflow - leasing outflow

= $18,681 - $17,440

= $1,241

7 0

3 years ago

Molly Jasper and her sister, Caitlin Peters, got into the novelties business almost by accident. Molly, a talented sculptor, oft

Paladinen [302]

a. The computation of Mollycaits' operating break-even point is <em>2,473 units</em> ($4,500/$1.82).

b. The calculation of Mollycaits' EBIT on the department store order is <em>$812.40</em> ($9,500 - $8,688).

c. If department stores' price were $9.51, the EBIT will be <em>$5,387</em> ($14,075 - $8,688).

Note that for (b) and (c), the fixed cost is not considered.

d. Without paying more than $7.69, the quantity that will result in an EBIT of $3,700 is <em>4,505 units</em> ($4,500 + $3,700)/$1.82

e. Varieties of Mollycaits = 15 with variable cost of $5.87

f. The recommendation to Molly and Caitlin with regard to pricing and varieties to offer is that, while the company can varieties to suit the needs of customers, it must ensure that it does not price them below $5.87, its operating cost.

Data and Calculations:

<u>Special contract</u>:

Units of figurines offered = 1,480

Sales value of offer = $9,500

Selling price per unit = $6.42 ($9,500/1,480)

Variable operating cost = $5.87

Contribution margin per unit = $0.55 ($6.42 - $5.97)

<u>Normal business</u>:

Estimated average price per unit = $7.69

Variable operating cost = $5.87

Contribution margin per unit based on average price = $1.82 ($7.69 - $5.87)

Fixed cost per month = $4,500

Thus, Molly and Caitlin can offer various types of figurine, but they must sell at least 2,473 units to break-even.

Learn more about computing break-even points here: brainly.com/question/9212451

5 0

2 years ago