Answer:
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $82,000
Adjustment made:
Add : Depreciation expense $10,000
Less : Gain on the sale of land ($3,000)
Less: Increase in current assets -$11,000 ($78,000 - $67,000)
Less: Decrease in current liabilities -$1,000 ($43,000 - $44,000)
Total of Adjustments -$5,000
Net Cash flow from Operating activities $77,000
Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
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Answer:
The accumulated value of the deposits at the end of 9 years is <u>$11,242.18</u>
Explanation:
Note: Find attached the excel file for the calculation.
Since the deposits are made into the account at the end of each year, interest will be earned on the opening balance for each year since it remains the account for 12 months.
No interest will be earned on the deposit of $1,000 made at the end of each year.
The opening balance, interest earned and the deposit for each year are then added together to obtain the closing balance for each year.
Since the closing balance for year 9 is <u>$11,242.18</u>, this is therefore the accumulated value of the deposits at the end of 9 years.
Here are several reasons why economists are concerned about the <span>proliferation of regional trade agreements:
- </span><span>Regional trade agreements terms can conflict with those of the WTO
- </span><span>Regional trade agreements may limit trade from outside the regions in agreement
Regional trade agreements basically could make the economy within a certain region became secluded from other countries and may raise the price of certain commodities.</span>
Answer: India / 11.1years
Explanation:
Per capita income (PCI) or average income measures or calculate the average income earned per person in a given place (country,city, region etc.) in a particular year. It can be calculated by dividing the area's total income or wealth by its total number of population.
India's GDP will increase or double than that of China's, because is has a larger income than that of China.