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olchik [2.2K]
4 years ago
14

At the end of the current year, Accounts Receivable has a balance of $3,750,000, Allowance for

Business
1 answer:
Misha Larkins [42]4 years ago
8 0

Answer:

C

Explanation:

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You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current mo
Serhud [2]

Answer:

$320,244.92

Explanation:

We must first determine the principal of the loan and we can do that by using the present value of an annuity formula:

PV = monthly payment x annuity factor

  • monthly payment = $2,356
  • PV annuity factor, 360 periods, 0.625% = 143.01763

PV = $2,356 x 143.01763 = $336,950

Once we have calculated the principal, we can prepare an amortization schedule. I used an excel spreadsheet to do it. Four years and 8 months is the same as 56 monthly payments. The principal's balance after the 56th payment is $320,244.92

Download pdf
7 0
3 years ago
Suppose GDP in this country is $1,330 million. Enter the amount for government purchases. National Income Account Value (Million
elena-14-01-66 [18.8K]

Answer:

$350 million

Explanation:

the formula for calculating GDP is consumption + investment + government spending + net exports, since apparently this is a closed economy with no exports or imports, the formula should be:

GDP = C + I + G

  • GDP = $1,330 million
  • C = $700 million
  • I = $280 million

G = $1,330 - $700 - $280 = $350 million

3 0
3 years ago
property has Gross Scheduled Income of $100,000. The vacancy rate and credit rate allowance is 3% whereas Operating expenses are
Ugo [173]

Answer:

The answer is "10.5\%"

Explanation:

Following are the Cap rate:

 = \frac{(Income \times (1 - vacancy\  rate) - operating \ expense)}{\text{purchase price of property}}

= \frac{(\$ 100,000 \times 0.97 - \$ 34,000)}{\$ 600,000}\\\\= \frac{\$ 63,000}{ \$ 600,000}\\\\= 10.5\%

8 0
3 years ago
Brubaker & Goss has received requests for capital investment funds for next year from each of its five divisions. All reques
Mumz [18]

Answer:

Soft rationing

Explanation:

Soft rationing is when a company reduces the capital funds it uses for it business processes. This can occur as a result of internal factors like shareholders not wanting to have a high debt profile for the company, wanting to raise capital slowly, and the uncertainty of future funding needs (some future project may be more important than present ones).

In this scenario Brubaker & Goss management has decided to allocate the available funds based on the profitability index of each project since the company has insufficient funds to fulfill all of the requests.

This is using soft rationing to limit use of funds.

7 0
4 years ago
Read 2 more answers
this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.
Finger [1]

Average propensity to consume (APC) counts how much money is spent each year versus saved.

What is Average propensity to consume (APC)?

Average propensity to consume (APC) counts how much money is spent each year versus saved. This might be done by a single person who is curious about where their money is going or by an economist who is interested in tracking the spending and saving patterns of a whole country. In all scenarios, the tendency to consume can be calculated by dividing average household spending by average household income. A high average propensity to consume is typically advantageous for the economy from a larger economic perspective. When customers have a high propensity to consume, they save less and spend more on products and services. This rising demand fuels economic development, corporate growth, and widespread employment.

To learn more about Average propensity to consume (APC)
brainly.com/question/15366238


#SPJ4

Complete Question

7 0
2 years ago
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