Answer:
$6,750,000
Explanation:
Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:
Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]
= $4,500,000 + [$450,000 × 5 years]
= $4,500,000 + 2,250,000
Amount to pay = $6,750,000
Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.
Answer:
A) I only
Explanation:
We can conclude that bank A will be more profitable than bank B since ROA is a measurement of profitability, and if the banks are operating in a similar manner (both interest income to asset ratios and noninterest income to asset ratios are similar), then the bank with the highest ROA is the most profitable one.
Capital is a way of having land and labor to be involved for
production. In the given scenario above, the catapult and rock would be a
capital since it is needed to be made by people in order to gain something or
it is used for production.
Answer:
Infomercial.
Explanation:
An infomercial is a form of advertisement which is aimed at educating the customer about a product or a series of products via television in the form of a program.
Answer:
11,000
Explanation:
The breakeven point is the number of units that must be sold such that the total sales becomes equal to the total cost. The total cost is made of the fixed and variable cost.
Given
selling price = $15.00 per unit
Fixed expenses total = $51,000 per year
Breakeven units = 8500
let the variable cost per unit be y
15(8500) = 8500y + 51000
8500y = 127500 - 51000
y = 76500
/8500
y = $9
To make a profit of $15,000, let required sales unit be T
15T - (51000 + 9T) = 15000
6T = 15000 + 51000
6T = 66000
T = 11,000
To make a profit of $15,000, sales in unit must be 11,000
