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Artyom0805 [142]
3 years ago
10

On january 6, 2014, the eldorado corporation purchased a tract of land for a factory site for $500,000. an existing building on

the site was demolished and the new factory was completed on october 11, 2014. additional cost data are shown below:
Business
1 answer:
vazorg [7]3 years ago
7 0
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Chancellor Ltd. sells an asset with a $1 million fair value to Sophie Inc. Sophie agrees to make six equal payments, each to be
cupoosta [38]

Answer:

$191,852

Explanation:

The computation of the annual payment is shown below

Given that

Loan Amount (P) = $1,000,000

Annual Interest Rate (r) = 6.00% per year

Loan Period (n) = 6 Years

Now

The Annual Lona Payment is

= [P × {r × (1 + r)^n}] ÷ (1 + r)^n - 1

= [$1,000,000 x {0.06 x (1 + 0.06)^5}] ÷ [(1 + 0.06)^6 - 1]

= $191,851.5363

= $191,852

Hence, the annual payment is $191,852

7 0
3 years ago
Agatha was a licensed loan originator when the housing market slowdown left her with little work. She accepted a job outside the
svlad2 [7]

Answer: Providing proof that she completed all of the continuing education requirements for the year she last held a license.

Explanation:

Based on the information given, since the license of Agatha has expired, one of the requirements that she must meet in order to be re-licensed is to provide proof that she completed all of the continuing education requirements for the year she last held a license.

It should be noted that providing proof that she still meets the qualifications to be a mortgage loan originator or information that relates to her previous license isn't required.

4 0
3 years ago
Product or Service Costing influences: Group of answer choices production managers making manufacturing decisions. all of the ot
OLEGan [10]

Answer: marketing managers making pricing decisions.

Explanation:

Management's product and service choices and decisions can influence the cost behavior. The product design, location of plant, technology used in developing a product, product quality, features of product, distribution of product, profit margins, incentives, labor daily wages, and other factors all can influence the cost and pricing decisions of the product.

6 0
3 years ago
The danger associated with the abuse of a vehicle is compared to the danger of _____
Dmitrij [34]
The danger associated with the abuse of a vehicle is compared to the danger of a loaded gun that could cause injury or worst death if being abused. Most tragic incidents in the streets/roads are due to vehicular accidents that cause many damages, including the loss life.

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3 years ago
True or faults caffeine and other energy boosters can be used to effectively compensate for fatigue
Zina [86]

True because coffee and other drinks can last up to hours of energy

7 0
3 years ago
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