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Andrej [43]
3 years ago
10

7) You put 20% down on a home with a purchase price of $250,000. The down payment is thus $50,000, leaving a balance owed of $20

0,000. The bank will loan the remaining balance at 3.91% APR. You will make annual payments with a 30-year payment schedule. What is the annual annuity payment under this schedule?
Business
1 answer:
Alexxandr [17]3 years ago
4 0

Answer:

=$11,439.96(Approx)

Explanation:

Consider the following calculations

Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate

200,000=Annuity[1-(1.0391)^-30]/0.0391

200,000=Annuity*17.48257135

Annuity=200,000/17.48257135

=$11,439.96(Approx)

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Changes in property, plant and equipment relate to the ______ activities on the statement of cash flows. Multiple choice questio
inysia [295]

Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.

The cash flow statement reveals how much money is made or spent on operating, investing, and financing activities during a certain time period, bridging the gap between the income statement and the balance sheet.

The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement.

Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.

If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.

Hence, Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.

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2 years ago
A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported on the statement of
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Answer:

A. a separate schedule.

Explanation:

This is explained to be cash flow schedule or also cash flow statement. It is explained to be on out of the three financial statement which used generally to report for cash which been generated and how this money has been totally been spent within a period or interval which could be a week, month, quarter or even probably a year.

In the statement of cash flows, the cash flows are known to be generated from investing activities section while inclusion of receipts from the sale of investments. This is why in the stated 20 year payable bond, it is known to have been recorded in statement of cash flows in a separate schedule.

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3 years ago
Calculate marginal cost
Vsevolod [243]

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A 30-second radio spot for Louies sporting goods cost $650.If the spot is run three times a day for one week, how much will Loui
lisabon 2012 [21]

Answer:

The total amount that Louies spends on advertising=$13,650

Explanation:

To calculate the total amount Louies sporting goods spends on advertising, we express the total expenditure as follows;

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The total amount that Louies spends on advertising=$13,650

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