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Luba_88 [7]
3 years ago
9

If you’re offered and no-interest loan, the amount of the loan should not exceed

Business
1 answer:
Ghella [55]3 years ago
8 0

The amount of the loan should not exceed $2000.

Answer: Option A.

<u>Explanation:</u>

A no-premium credit implies you are just taking care of the head — or the cash you acquired from the bank — without premium. That implies on the off chance that you make late installments or don't take care of your parity inside a certain time allotment, you might be charged intrigue retroactively on the whole parity.

A zero-interest credit is one where just the chief equalization must be reimbursed, given that the borrower respects the unbending cutoff time by which the whole parity must be fulfilled.

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A.J. is the vice president for Keane Products, a marketing consulting firm. On a business trip to New York City in 2019, he meet
Ede4ka [16]

Answer:

$312

Explanation:

Business Travel expenses are costs incurred when you are away from home on businesses. Accordingly, in this case, AJ is allowed to deduct 50% of his entertainment costs (that is, meal and theater tickets) since it follows a substantial business discussion. The cost of transportation, that is the cab fare is fully covered under the business expenses as it is not subject to the 50% rule of deduction for entertainment and the likes.

Thus,

Total money AJ can deduct as business expenses.

= (50% of 350) + (50% of 190) + 42

= 175 + 95 + 42

= $312

7 0
3 years ago
Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $10,000. If the issuing corporation red
zheka24 [161]

Answer:

Bonds Payable         $1000000 Dr

     Gain on redemption                   $15000 Cr

     Discount on bonds Payable      $10000 Cr

     Cash                                            $975000 Cr

Explanation:

The face value of bonds payable is $1000000 while they are a discount bond and carry a discount of $10000. The value of bonds is 1000000 - 10000 = 990000.

The bonds, however, are redeemed at 97.5 which means they are redeemed by paying 97.5% of face value which comes out to be 975000.

Thus, the difference between their value and the redemption price is the gain as value is greater than the price paid for them at redemption.

Gain = 990000 - 975000 = $15000

5 0
3 years ago
Read 2 more answers
Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The a
frutty [35]

Answer:

A) $24 billion

Explanation:

Here is the complete question :

Potential Real GDP $200 Billion

Natural Rate of Unemployment- 6 Percent

Actual Rate of Unemployment- 12 Percent

Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The amount of output being forgone by the economy is

C) $15 billion. D) $18 billion. A) $12 billion. B) $24 billion.

According to Okun's law, a 1% decline in unemployment results in a 2% fall in potential GDP

Decline in unemployment = Actual Rate of Unemployment - Natural Rate of Unemployment

12 - 6 = 6%

decline in output = 6% x 2% = 12%

potential GDP lost = 12% x $200 Billion  = 24 billion

3 0
3 years ago
Macro events only are reflected in the performance of the market portfolio because_________.
Afina-wow [57]

Macro events only are reflected in the performance of the market portfolio because the specific risks have been diversified away.

A market portfolio is a theoretical bundle of investments that consists of each kind of asset to be had within the investment universe, with each asset weighted in proportion to its total presence in the market. The predicted return of a market portfolio is equal to the expected go back of the market as a whole.

The market portfolio is a basket of assets created by an investor the use of varied set of investments. The basket can encompass securities like pension plans, mutual funds, shares, actual property, bonds, foreign currencies, and assets like silver, gold, coins, bitcoins to call some.

The basic expected return method includes multiplying every asset's weight in the portfolio via its anticipated return, then including all the ones figures together. In different words, a portfolio's anticipated return is the weighted average of its personal components' returns.

Learn more about market portfolio here: brainly.com/question/13673468

#SPJ4

4 0
1 year ago
A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home
lana [24]

The amount of money that Eric will have after 5 years given the initial amount and the interest per year (which we will assume to be compounded)

<span>                                    F = P x (1 + r)^n</span>

Substituting,

<span>                                    F = ($7,500)(1 + 0.0525)^5</span>

<span>                                    F = $9,686</span>

<span>Therefore, Eric will be short of about $113.39. </span>

4 0
3 years ago
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