Market inefficiencies created by government policies are known as

Your friend is going to purchase a car and will finance it. she is borrowing $20,000 at a monthly rate of 0.50 nd will pay it of

stiv31 [10]

The monthly payment is $386.67.

<h3>What is the monthly interest rate?</h3>

A monthly interest rate is simply the amount of interest charged in one month.
This does not include any other fees associated with the loan, and it does not indicate how expensive a loan is.
APR, on the other hand, is the annual percentage rate charged on a loan for a year.

So,

PV = 20,000, I/y = 0.50, n = 12 × 5, FV = 0
CPT PMT which equals $386.67

Therefore, the monthly payment is $386.67.

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6 0

1 year ago

At December 31, 2020, Carter Company had 450,000 shares of common stock issued and outstanding, 350,000 of which had been issued

Dennis_Churaev [7]

Answer:

$3.03

Explanation:

Calculation to determine What should be Twin Rivers' 2020 earnings per common share,

Using this formula

Earnings per common share=

Net Income for 2020/Weighted Average Shares Outstanding

Let plug in the formula

Earnings per common share=$1,160,000/ [(350,000 x 8/12) + (450,000 × 4/12)]

Earnings per common share=$1,160,000/(233,333+150,000)

Earnings per common share=$1,160,000/383,333

Earnings per common share= $3.03

Therefore What should be Twin Rivers' 2020 earnings per common share is $3.03

4 0

2 years ago

Do you think the NELK BOYS are clickbaiting sometimes?

harkovskaia [24]

Answer:

Ummm... yes

Explanation:

8 0

3 years ago

Blue Corporation has a deficit in accumulated E & P of $300,000 and has current E & P of $225,000. On July 1, Blue distr

Rufina [12.5K]

Answer:

Sam's dividend income is $225,000 and has a reduction of stock basis of $27,500

Explanation:

From the example ,

Given that,

Sam stock is =$52.500

Blue corporation has deficit in accumulated E and P which is =$300,000

Blue corporation has current E and P of = $225,000

Blue distributes $250,000 to its shareholder on July 1st

Therefore,

Blue corporation has a current E & P of $225,000, to an extent, Sam has a taxable dividend. The remaining $25,000 reduces his basis stock.

Sam has an income dividend of $225,000 and reduces his stock basis to $27,500.

6 0

3 years ago

Read 2 more answers

Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:

larisa86 [58]

Answer:

b.both parties are made better off.

Explanation:

People voluntary to trade when they will better off after the trade. Since individual or nation has different proficiency and endowment resources, the ability to produce some product will be different for each country.

For example, German people are skillful of making beer. They have efficient production. Whereas France have expertise in making perfume. It is reasonable for German people to buy perfume from France since it is cheaper and has better quality than making it themselves. On the other hand, if french want to drink beer, it is cheaper to buy from Germany. Thus, both Germany and France will be better of after the trade.

5 0

3 years ago