A lot of things can affect your monthly payments, but here are a few major ones. The amount you decide to put down as a down payment, your interest rate, t<span>he length of the loan you choose to take and t</span><span>he amount of the home you decide to purchase. </span>
The statement that is false is When the marginal product of labor is upward-sloping, the marginal cost curve (MC) is upward-sloping.
<h3>What is the relationship between marginal product and cost?</h3>
The two measures have an inverse relationship. This means that when one is increasing, the other is increasing.
When marginal product of labor is increasing, the marginal cost curve decreases so this statement is false.
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Answer:
Given that,
Value of promissory note = $11,700
Time period = 60 days
Interest rate = 14%
Interest revenue:
= Note value × Interest rate × Time period
= $11,700 × 0.14 × (60/360)
= $273
Therefore, the journal entry is as follows:
Accounts receivable A/c Dr. $11,973
To Interest revenue $273
To Notes receivable $11,700
(To record the dishonored note)
Answer:
Amount of cash at the end of one year is $16,200
Explanation:
Amount invested = $15,000
Rate of return = 8%
Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200
Answer: See explanation
Explanation:
First we will have to calculate the value of the firm before the debt issue. This will be:
= 25,000,000 × $10
= $250,000,000
We also calculate the value of the firm after after the proposed capital structure change. The value of equity will be:
= $250,000,000 - $160,000,000
= $90,000,000
Therefore, the value of debt will also be $160,000,000.
