Using a financial calculator, input the blank interest rate as a percentage to determine the annuity's present or future value.
- An interest rate provides information on how costly borrowing is or how profitable saving is. As a result, the amount you pay for borrowing money, stated as a percentage of the total loan amount, is the interest rate if you are a borrower.
- An interest rate is a fee that a lender assesses to a borrower; it is calculated as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan.
- You may calculate the future value, periodic payment, interest rate, number of compounding periods, and PV using this financial calculator. Each of the tabs that follow represents a parameter that has to be calculated.
Thus, this is what interest rate means.
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Answer:
$240,000
Explanation:
Let the net income be Y
Accounts payable decreased $21,000 - This will be subtracted from the net profit as a reduction in liability
Prepaid assets increased $15,000 - This will be subtracted from the net profit as an increase in assets
Depreciation expense was $27,000 - This will be added back to net profit as a non cash item
Accounts receivable decreased $21,000 - This will be add from the net profit as a reduction in assets
Loss on sale of a depreciable asset was $16,000 - This will be added back to net profit as a non cash item
Wages payable increased $10,000 - This will be added from the net profit as an increase in liability
Unearned revenue decreased $16,000 - This will be subtracted from the net profit as a reduction in liability
Patent amortization expense was $10,000 - This will be added back to net profit as a non cash item
As such
Y - 21000 - 15000 + 27000 + 21000 + 16000 +10000 - 16000 + 10000 = 272000
Y = 272000 + 21000 + 15000 - 27000 - 21000 - 16000 - 10000 + 16000 - 10000
Y = $240,000
Answer:
Kelli can deduct up to $6,000 in expenses from her net income, so her net income for this year would be $0. She could have deducted an even larger amount if her net income had been higher (up to $12,000 in deductions), since you can only deduct up to the amount of your net income.
Answer:
No, since the difference between his calculated stock price and the actual stock price most likely indicates that his estimate of dividend growth rate was incorrect.
Explanation:
Current Estimated Stock Price
P0=D1/(ke-g)
P0=(0.64(1.06))/(0.08-0.06)
P0=33.92
gross sales are the grand total of sale transactions within a certain time period for a company.
net sales are calculated by deducting sales allowances,sales discounds,and sell returns from gross sales....