Answer:
($39,700)
Explanation:
Cash outflows:
($40,000) exchanged for common stock.
($1,200) used to pay salaries.
Cash inflows:
$1,500 received from a sale
So we have a negative 41,200 representing cash outflows, and only $1,500 in cash inflows (we are not told if the $200 billed were already received so I will leave them out). Making a simple arithmetic operation, we obtain the answer:
Cash balance = -$41,200 + $1,500
= -$39,700
Answer:
b. Each monthly payment is greater than the amount of interest accruing each month.
Explanation:
Answer:
Dividend yield = 8.88 %
Explanation:
Data provided in the problem:
Dividends per quarter = $ 1
thus,
dividend per year = $ 1 × 4 = $ 4 ( because 1 year consists of 4 quarter)
stock price = $ 45
therefore,
dividend yield = ( Dividend per year / stock price ) × 100 %
on substituting the values, we have
Dividend yield = ( $ 4 / $ 45) × 100 %
or
Dividend yield = 8.88 %
Answer:
APR, or annual percentage rate, is your interest rate stated as a yearly rate. An APR for a loan can include fees you may be charged, like origination fees. APR is important because it can give you a good idea of how much you'll pay to take out a loan.
Explanation:
Answer:
80 points
Explanation:
The credit score increases by 10 points for every $250 paid.
The current balance is $4500; the balance is down to $2500 by the end of the year.
It means a payment of $2000 had been made. ( $4500 - $2500)
$2000 has eight batches of $250 ( $2000/250)
A payment of $250 increase credit score by 10 points
$2000 payment is equivalent to 8 payments.
credit score will increase by 8 x 10 points
=80 points
