Answer:
Total dollar Annual Cost = $300,000
Explanation:
- Total loan Commitment = 9000000
- Borrowed Fund (Used Portion) = 6000000
- Unused Portion (9000000 - 6000000) = 3000000
- Annual Commitment Fee for unused Portion = 0.50%
- Commitment Fee = 3000000 x 0.05% = 15000
- Borrowed Fund (Used Portion) = 6000000
- Interest Rate (3.25% + 1.5%) = 4.75%
- Interest Cost (6000000 x 4.75%) = 285000
Total dollar Annual Cost (15000 + 285000) = $300,000
Answer:
the expected returns are missing, so I looked for a similar question:
Treasury bills 4.5% $80,000
Ford (F) 8.0% $60,000
Harley Davidson (HOG) 12.0% $60,000
a) portfolio's expected return = (4.5% x $80,000) + (8% x $60,000) + (12% x $60,000) = $15,600
b) new portfolios expected return = (8% x $100,000) + (12% x $100,000) = $22,000
c) to lower risk. Treasury bills pay a low return but they are risk free investments. While stocks yield a higher return but they also carry a much higher risk.
Answer:
The total medical expenses deductible before the 10% limitation is 2090
Explanation:
Solution
Recall that:
The Total expenses included is stated as follows:
Th Hotel room is = $150 * two rooms * three nights
Mileage of = $900,
Miles = 1000
Doctor's bill ins an Francisco = 1,600
Now,
To next step is to find the total medical expenses deductible before the 10% limitation is given as follows:
Doctor's bill = 1,600
The total expenses i hotel room is calculated as :150 * 1 *3 = 450
So,
The total = 1600 + 450 = 2050
It is also important to know that only 10% of the expense stay for the accompanied person is permitted
Therefore,
450*10% =45
Total 2050+45 = 2090
Interest rates are lowered by the Fed in order to boost economic development. Reduced finance costs might entice people to borrow and invest. When interest rates are excessively low, however, they might stimulate excessive growth and perhaps inflation. On the other hand, if growth becomes excessive, the Fed will boost interest rates.
Answer:
The correct option is A:
Supplies Supplies Expense
$1,300 $4,500
Explanation:
The amount of supplies used in the month is the opening balance of supplies at the beginning of the month plus purchases of supplies minus closing balance of supplies at month end.
supplies used=supplies expense=$1,800+$4,000-$1,300=$ 4,500.00
As a result of the above computation,supplies expense would be debited with $4,500 reflecting the cost of supplies made use of in the month while supplies inventory is debited with closing balance of $1,300.
