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3 years ago

31. The unpaid portion of a loan is called

Business

1 answer:

muminat3 years ago

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Answer: unpaid principal balance.

Explanation: unpaid principal balance is that portion of a loan that has not yet been paid back to the lender by the borrower. The balance represents the remaining risk of nonpayment being incurred by the lender. Unpaid principal balance is the portion of a loan at a certain point in time that has not yet been remitted to the lender. The original unpaid principal balance is the amount borrowed, and therefore, the amount the borrower owes the lender on the origination date of the loan.

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The impacts of increasing petrol price on household

Illusion [34]

Answer:

When gasoline prices increase, a larger share of households' budgets is likely to be spent on it, which leaves less to spend on other goods and services. The same goes for businesses whose goods must be shipped from place to place or that use fuel as a major input (such as the airline industry).

Explanation:

hopes this helps can have brainlest please it would help very much

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3 years ago

Lamar Company is considering a project that would have an eight-year life and require a $2,400,000 investment in equipment. At t

Arada [10]

$Paybackperiod=Intial investment / Net annual cash inflow$

project's payback period is 4.5 years.

<h3>What is net operating income?</h3>

Before deducting any expenditures for financing or taxes, net operational income assesses the profitability of an income-producing asset.
Subtract all property-related running costs from all income earned at the property to arrive at NOI.
A property owner can manipulate the operational expenditures included in the NOI statistic by delaying or accelerating particular revenue or expense elements.
Capital expenses are excluded from the NOI statistic.
A property owner can use NOI to determine whether the cost of owning and maintaining a property outweighs the benefits of renting it out.

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1 year ago

A(n) ______ cost requires a future outlay of cash and is relevant for current and future decision making. Multiple choice questi

Liono4ka [1.6K]

Answer:

out-of-pocket

Explanation:

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

Generally, an out-of-pocket cost requires that an individual or business outlay their future cash-flow and it must be relevant for current and future decision making.

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2 years ago

Katherine Potter knew a good thing when she saw it. At least, it seemed so at first. She was traveling in Italy when she spotted

lilavasa [31]

Katherine had to rush to the bank every few months to borrow more money. She didn't really talk to her banker about her financial situation because she had no trouble getting larger loans. You see, she was always on time with her payments. Katherine always took trade discounts to save money on her purchases. That is, she paid all of her bills within 10 days in order to save the 2% discount offered by her suppliers for paying so quickly.
Katherine's products were mostly purchased on credit. They'd buy a few lamps and a pot, and Katherine would let them pay overtime. Some were extremely slow to pay her, taking six months or more.
Katherine noticed a small drop in her business after three years. The local economy was struggling, and many people were losing their jobs. Nonetheless, Katherine's business remained steady. Katherine received a phone call from the bank one day, informing her that she was behind on her payments. She explained that she had been so preoccupied that she had missed the bills. The issue was that Katherine did not have enough money to pay the bank. She frantically called several customers for payment, but none of them could pay her. Katherine had a classic cash flow problem.

<h3>How is it possible to have high sales and high profits and run out of cash while running a business?</h3>

It is entirely possible if you have a high level of accounts receivables and inventory and a low level of accounts payables. A sale is recorded when an invoice is raised, and a shipment is delivered; this does not always imply that you received cash and that it is recorded in your accounts receivable. Similarly, if you keep a lot of inventory, a lot of your money is locked up until the inventory is sold. On the contrary, if your payment terms with your suppliers are less favorable, you will end up paying before your receivables convert to cash. As a result, high sales and profits do not always imply a strong cash position.

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1 year ago

Selzik Company makes super-premium cake mixes that go through two processing departments—Blending and Packaging. The following a

solmaris [256]

Answer:

Please see answers below

Explanation:

We know that ;

Beginning work WIP 10,000

Units started 170,000

a. Ending WIP 20,000

Material 100% complete = 20,000 EU

Conversion 100% complete = 8,000 EU

b. Units completed = 160,000

Units started and completed = 150,000

Beginning WIP costs;

Materials cost $8,500

Conversion cost $4,900

Costs added during the period;

Materials cost $139,400

Conversion cost $244,200

Equivalent units for July;

EU for materials = 170,000

EU for conversion = 7,000 + 150,000 + 8,000 = 165,000

Costs per EU:

Materials = $139,400 / 170,000 = $0.82 per EU

Conversion = $244,200 / 165,000 = $1.48 per EU

c. Total costs;

Ending WIP = [20,000 × $0.82] + [8,000 × $1.48] = $28,240

Units transferred out = [$383,600 - $28,240] + $8,500 + $4,900 = $368,760

d. Therefore,

Costs to be accounted for ;

Beginning work in process $13,400

Cost added $383,600

Total costs to be accounted for $397,000

Also,

Costs account ted for are as follow

Units transferred out $368,760

Ending WIP $28,240

Total costs accounted for $397,000

5 0

2 years ago