Answer:
If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.
Explanation:
I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.
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Answer:
$12,021
Explanation:
Calculation to determine what Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:
Using this formula
Interest paid =[Bonds amount*(Priced to yield/2)]
Let plug in the formula
Interest paid = $200,356*( 12%/2)
Interest paid=$200,356*6%
Interest paid =$12,021
Therefore Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:$12,021
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory= $40,000
During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 40,000 + 280,000 - 42,000
COGS= 278,000
The cause of a shift of a production possibilities frontier of an economy ab to cd is unemployment.
If an economy keeps growing its capital stock/range of employees/generation/herbal resources, then over the years its manufacturing possibilities curve will: shift to the proper .e shift of the frontier from A to B was maximum in all likelihood due to unemployment
. The curve bows outwards due to the law of increasing opportunity fee, which states that the quantity of an amazing which must be sacrificed for every additional unit of any other suitable is extra than become sacrificed for the preceding unit.
production possibilities curve. a graph or financial model that shows the most combinations of products and offerings, any two categories of goods, that can be produced from a set quantity of assets.
Learn more about the economy here:brainly.com/question/1106682
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<span>If an increase in the supply of a product in the market results in a decrease in price, but no change in the quantity traded, then the quantity of products will be growing and growing in the stock. this will again lead to a decrease in price and consumes more time to sale their stock. This will create a heavy loss to the investor. It may be overcome by innovative thoughts such as stopping the production of current product and launching a new product with available materials. So that it will balance the production and sale.</span>
