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bezimeni [28]
3 years ago
6

When a mortgage loan with level periodic payments has been completely repaid by the maturity date, it is said to be?

Business
1 answer:
Ira Lisetskai [31]3 years ago
4 0
When a mortgaged loan loan has been completely repaid by maturity date, the loan is said to be fully amortized. For example, you buy a house for $100. The interest on this house is 10% and the mortgage term is 1 year, your mortgage will be repaid in Nov 2018 by paying $9 every month, with a total interest of $5. You repaid the mortgage with interest. Then it is said to be fully amortized.
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<span>No, Ruth may not sell in the office but may contact subordinates after hours.
As fema Supervisor, Ruth has the obligation to maintain overall Fema Operations during her work hour.
After she finished her shift on the other hand, Ruth has the right to conducting her own business.</span>
5 0
3 years ago
Read 2 more answers
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours
Gnoma [55]

Answer:

1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.

2. The fixed overhead budget variance is $4,000 unfavourable and the fixed overhead volume variance is $10,000 favourable.

Explanation:

In order to calculate the the fixed portion of the predetermined overhead rate for the year we would have to use the following formula:

predetermined overhead rate for the year=<u>Total fixed overhead cost year</u>

                                                                          Budgeted direct labor-hours

                                                                     =$ 250,000/25,000

                                                                      =$10,000

1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.

In order to calculate the fixed overhead budget variance, we use the following formula:

2. fixed overhead budget variance=Actual fixed overhead cost for the year- budgeted fixed overhead cost for the year

                                                     =$ 254,000-$ 250,000

                                                     =$4,000 unfavourable

In order to calculate the fixed overhead volume variance, we use the following formula:

fixed overhead volume variance=budgeted fixed overhead cost for the year-fixed overhead appliead to work in process

                                                     =$ 250,000-(26,000×10)

                                                     =$10,000 favourable

5 0
3 years ago
A consumer group plans a comparative study of the mean life of four different brands of batteries. Ten batteries of each brand w
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Answer: Yes, we can use ANOVA to analyze this data.

Explanation: Using ANOVA to analyze the data is allowed because there are more than three groups of batteries that are being compared. The data we are looking for is also quantitative data because there will be a specific measurement of data received. ANOVA is the model used for analysis of variance. This model is used to receive exact statistics of different observations.

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One of the biggest strategic challenges to competing in the international arena include __________.a. how to avoid the risks of
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As a consultant to First Responder Inc., you have obtained the following data (dollars in millions). The company plans to pay ou
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Answer:

the firm's total market value be if it makes this change is up to 4545.45

Explanation:

  • Step 1. Find the WACC according to the following calculation.

  • Step 2. Set up the variables. WACC = 0.8*12 + 0.2*8*(1-0.4) = 9.6 + 0.96 = 10.56 % ;

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