Answer:
$495,614.80
Explanation:
The interest paid will be the total amount paid minus the principal amount.
The amount paid after 30 years using compound interest will be
the future amount. Interest rate is compounded monthly . There are 12 compounds in a year, equivalent to 360 after 30 years.
interest is 4.35 per year or 4.35/12 per month
FV = P x ( 1+ r)N
Fv = 185,000 x ( 1+ 0.3625/100)360
Fv = 185,000 x (1.003625)30
Fv = 185,000 x 3.67899783
Fv = 680,614.60
Interest paid will be = $,614.80 - $185,000.00
=$495,614.80
Answer:
There are about 15-20 words in an average sentence
Explanation:
<em>Hope this helps :)</em>
<em>pls make brainliest :]</em>
<em>And have an amazing day <3</em>
Answer:
$800 debited
Explanation:
As we know that
The inventory should be reported at the cost or net realizable value whichever is lower
Since the total cost is
= 200 units × $16
= $3,200
And, the current replacement cost
= 200 units × $12 units
= $2,400
So, the inventory should be recorded at $2,400
Therefore, the cost of goods sold would be
= $3,200 - $2,400
= $800 debited
Answer:
100%
Explanation:
Stockholders of Dog's R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating a ROE of 15% over the last 5 years but now believes that ROE will be 12% for the next five years. Given this the firm's optimal dividend payout ratio is now 100%