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3 years ago

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ANC Plastics has net working capital of $15,400, current assets of $39,200, equity of $46,600, and long-term debt of $22,100. Wh

at is the amount of the net fixed assets? Group of answer choices

1 answer:

Mashutka [201]3 years ago

6 0

Answer:

I don't think I can do that for me but its not my fault I'm sorry

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Mr. Jagger is purchasing a $3,000,000 home by borrowing 80% of the purchase price. His loan terms are: 15 years amortization, mo

lions [1.4K]

Answer:

Monthly payment= $18,979.05

Explanation:

Giving the following information:

Loan (PV)= 3,000,000*0.8= $2,400,000

Monthly interest rate (i)= 0.05/12= 0.00416667

Number of periods (n)= 15*12= 180 months

<u>To calculate the monthly payment, we need to use the following formula:</u>

Monthly payment= (PV*i) / [1 - (1+i)^(-n)]

Monthly payment= (2,400,000*0.00416667) / [1 - (1.00416667^-180)]

Monthly payment= $18,979.05

5 0

3 years ago

I was doing good until this question

IrinaVladis [17]

i believe it is all but 2

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3 years ago

With the annual demand of 2,400 units, daily demand of 10 units, and daily production rate of 40 units, a company has determined

Inga [223]

Answer:

C. 30

Explanation:

given that:

Daily demand = 10 units

Starting Inventory Level = 40 units

Inventory Level at the end of the day if production starts = 0

The number of units that would actually be there in the warehouse at the end of first day of production = 40 units - 10 units

= 30 units

Therefore, There will be 30units in the warehouse at the end of the first day of production.

3 0

3 years ago

11 True or False: Alcohol has to be broken down by the digestive system. True OFalse

dangina [55]

Answer:

False.

Explanation:

Alcohol is not digested like other foods. Once alcohol is swallowed, it travels down the esophagus into the stomach and the small intestine. It avoids the normal digestive process and goes right into the bloodstream.

8 0

3 years ago

Read 2 more answers

The first year of operations for a company was Year 1. The net income for Year 1 was $20,200 and dividends of $12,100 were paid.

Mekhanik [1.2K]

Answer:

$37,200

Explanation:

The amount of retained earnings is calculated by using the formula below;

Amount of retained earnings = Net income - Dividends paid

In year 1, the amount of retained earnings

= $20,200 - $12,100

= $8,100

In year 2, the amount of retained earnings

= $34,200 - $5,100

= $29,100

Therefore, the amount of retained earnings at the end of year 2

= Amount of retained earnings for year 1 + Amount of retained earnings for year 2

= $8,100 + $29,100

= $37,200

8 0

3 years ago