Answer:
31.17 months
Explanation:
For computing the number of months required to pay off the stereo system we need to apply the NPER formula i.e be shown in the attachment below:
Given that,
Present value = $400
Future value = $0
Rate of interest = 12% ÷ 12 months = 1%
PMT = $15
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying this, the number of months is 31.17 months
Answer: Mortgage interest is a loan.
Explanation:
Answer:
BOB should offer 4,583,333 for the building if he wants the cap rate to be the same as the similar building.
Explanation:
The cap Rate is used to to calculate how much income a building or a property generates compared to its price it is bought at, so in order to find the cap rate we divide the annual NOI by it's price. In this question we will have to calculate the cap rate of the similar building which was sold for 6,000,000 and then use that cap rate to find what should the price of the building be that BOB wants to buy.
Cap rate = Annual NOI/Price
Cap rate of similar building = 360,000/6,000,000=0.06=6%
Now we will substitute 6% in the formula to find the price of the building BOB wants to buy.
0.06=275,00/Price
Price = 275,000/0.06=4,583,333
Answer:
Increase by $97,650
Explanation:
Increment Sale $247,500
(450 * $550)
<u>Less Increment cost</u>
Direct materials $90,000
(450 * $200)
Direct labor $36,000
(450 * $80)
Manufacturing overhead $20,250
(450 * $150 * 30%)
Administrative expenses <u>$3,600</u> <u>$149,850</u>
(450 * $80 * 10%)
Profit will increase by <u>$97,650</u>
Answer:
D) It is more economical for Baurisians to import meat than grain.
Explanation:
The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.
There are two alternatives:
- import more grains to feed more animals and produce more meat (the argument favors this option),
- or simply import more meat.
But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.
