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Alecsey [184]
3 years ago
5

On October 1, 2021, Stripes Inc. lends $100,000 to another company and accepts a 24-month, 6% note. What is the amount of intere

st revenue Stripes will report in its 2023 income statement? $0. $4,500. $12,000. $6,000.
Business
1 answer:
geniusboy [140]3 years ago
6 0

Answer:

$4,500

Explanation:

By the 24th month,  stripes will have cleared paying the interest.

In 2021, stripes will pay interest for three months( Oct, Nov, and Dec)

In 2022, stripes will pay interest for 12 months

in 2023, stripes will pay interest for 24-(3+12)= nine months

Interest for nine months.

Interest = P x R X T

P =$100,000

R= 6%

T= 9 months

=$100,000 x 6/100 x 9/12

=$100,000x  0.06 x 0.75

=$6000 x 0.75

=$4,500

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amm1812

Answer:

Option A (localization strategy) is the right approach.

Explanation:

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The amount by which federal spending exceeds revenue in a given year is known as ap gov multiple choice
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The amount by which federal spending exceeds revenue in a given year is known as budget deficit. Having a budget deficit means that the government spent more money than they made in a current year. When this happens the government owes money to others because they had to borrow from accounts to pay off debt. 
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4 years ago
Machida Inc. is considering a project that is expected to produce cash inflows of $3,200 per year in years 1-4, with a final cas
PolarNik [594]

Answer:

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As the NPV is positive, the project should be accepted.

Explanation:

The Net Present Value or NPV is a tool used to evaluate projects. It is used with various other tools to decide whether to undertake a project or not. To calculate the Net Present Value or NPV, we take the present value of the cash inflows provided by the project and deduct the initial cost of the project.  If the NPV is positive, we should proceed with the project and vice versa.

NPV = CF1 / (1+r)  +  CF2 / (1+r)^2  +  ...  + CFn / (1+r)^n  -  Initial Cost

Where,

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NPV = 3200 / (1+0.17)  +  3200 (1+0.17)^2  +  3200 (1+0.17)^3  +  

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