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lara [203]
3 years ago
10

Drew monthly net income is 800 what is the maximum he should use on debt payments

Business
1 answer:
dmitriy555 [2]3 years ago
8 0
The answer would be $160. You get this answer by taking 20% of 800.
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For each error below, indicate:
patriot [66]

Answer:

1. Inventory account will be affected and assertions of accuracy and valuation will be violated.

2. Assets are overstated and assertion classification is violated.

3. Liability is understated and assertions of accuracy is violated.

4. No impact.

Explanation:

Assertions are certain claims of a business which a business must fulfill in order to make its financial statements reliable. A company has to record the expense when it is incurred in order to provide accuracy in valuation. In the given cases the assertions are violated which impact business accounts.

8 0
3 years ago
Pera Inc. wishes to issue new bonds. These are 5-year bonds with semi-annual interest; $1,000 par value, and a yield to maturity
Gemiola [76]

Answer:

coupon rate= 13.5%

Explanation:

Giving the following information:

Number of periods= 5*2= 10 semesters

Par value= $1,000

YTM= 0.1/2 = 0.05

Price bond= $1,136

<u>To calculate the coupon rate, first, we need to determine the coupon per semester using the following formula:</u>

Bond Price​= coupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

1,136 = coupon*{[1 - (1.05^-10)] / 0.05} + [1,000/(1.05^10)]

1,136 = coupon*7.722 + 613.91

522.09 = coupon*7.722

$67.61=coupon

<u>Now, the coupon rate:</u>

Coupon= par value*(coupon rate/2)

67.61= 1,000*(coupon rate/2)

67.61= 500coupon rate

0.135=coupon rate

coupon rate= 13.5%

5 0
3 years ago
What's the estimated length of a wall that has 31 studs 16 inches on center?
devlian [24]

Answer:

480 inches (40 feet)

Explanation:

Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.

Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.

Given that on center spacing = 16 inches, number of studs = 31

The length of the wall is given by the formula:

number of studs = (length of wall in inches / on center spacing in inches) + 1

Length of wall (inches) = (number of studs - 1) * on center spacing

hence:

Length of wall (inches) = (31 - 1) * 16 inches = 480 inches

Length of wall = 480 inches = 40 feet

8 0
3 years ago
Which of the following would NOT cause a shift in supply? A. changes in the price of inputs B. changes in the price of other goo
adell [148]

Answer:

C.

Explanation:

<em>The correct answer would be changes in consumer input.</em>

The supply of a good can be influenced by changes in the price of inputs for that goods, changes in the price of substitute goods, as well as changes in technology that positively or negatively affect the production of such goods.

What will not affect the supply of any good is changes to consumer's input. An input generally referred to a substance that is required to produce an output. Unless the consumer of a good is also the producer of that good, a consumer's input will not impact the supply of a product.

The correct option is C.

4 0
3 years ago
Defend or critique the following statement, using supporting evidence: “Getting to work early on your first day at a new job is
VashaNatasha [74]

Answer:

Dressing well, being prepared, having a positive attitude, arriving early for work and asking good questions.

Explanation:

4 0
3 years ago
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