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MissTica
3 years ago
5

Leaf Co. purchased from Oak Co. a $20,000, 8%, 5-year note that required five equal annual year-end payments of $5,009. The note

was discounted to yield a 9% rate to Leaf. At the date of purchase, Leaf recorded the note at its present value of $19,485. What should be the total interest revenue earned by Leaf over the life of this note?
a. $5,045
b. $5,560
c. $8,000
d. $9,000
Business
1 answer:
Veronika [31]3 years ago
4 0

Answer:

b. $5,560

Explanation:

The computation of the total interest revenue is shown below:

The five equal annual year-end payments = $5,009

For five years, the total amount is

= $5,009 × 5 years

= $25,045

And, the present value of recording the note is $19,485

So, the  total interest revenue earned would be

= Five years amount - present value of recording the note

= $25,045 - $19,485

= $5,560

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In economics, the term "capital" refers to :
IrinaVladis [17]

Answer:

D. the money in one's pocket

Explanation:

this is so because the financual assets needed fpr a business to produce good and/or services requires money

7 0
3 years ago
________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value
BigorU [14]

Based on microeconomic theory, <u>Total</u> costs refer to the sum of the fixed and variable costs for any given level of production.

<h3>What makes Total Cost?</h3>

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

<h3>Components of Total Cost </h3>

The components of Total Cost include the following:

  • Prime cost
  • Factory cost
  • Office cost
  • Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "<u>Total Cost."</u>

Learn more about Total Cost here: brainly.com/question/25109150

5 0
2 years ago
Department S had no work in process at the beginning of the period. It added 12,200 units of direct materials during the period
galben [10]

Answer:

Cost of completed units = $158,240

Explanation:

<em>Cost of completed units = Cost per equivalent unit × no of units</em>

<em>Equivalent unit = Degree of completion × units of work</em>

<em>Equivalent units of material</em>

( 9200× 100%)   + (3000×100%) = 12,200 unit

Cost per equivalent unit of material = $97,600/12,200 units= $8

<em>Equivalent units of labour and overhead</em>

(9200× 100%) + (3000× 25%) = 750

Cost per equivalent unit of labour and overhead

=( 73,630+17910)/9950 =$9.2

Cost of completed units

= $(9.2+8)× 9,200 = 158,240

Cost of completed units = $158,240

5 0
3 years ago
Which of the following institutional investors most likely must spend a target percentage of the portfolio annually?
konstantin123 [22]

Answer: Endowments

Explanation:

The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.

Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals

The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.

7 0
2 years ago
Which of the following is true about presentation methods for providing training? Audiovisual techniques are most effective when
otez555 [7]

Answer:

The best answer for this question would be: Webcasting involves classroom instructions that are provided online through live broadcasts.  

Explanation:

The other answers are incorrect because:

Audiovisual techniques are most effective when combined with other training strategies to provide context and opportunity for the learners to practice what they have learned.  

Mobile technologies do not include simulation, case, studies, and on-the-job training.  

The best people to be trained through teleconferencing would be those who are working from an office position, though not located in the same area as the training provider.  

Classroom instruction is still a popular training method, because it's relative ease of access compared to other methods.

3 0
3 years ago
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