Answer:
Principal payment = $27,505.00
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>
The principal repayment in year 1 = Annual payment - Interest payment in year 1
<em>Interest payment in year = Interest rate × Principal Amount</em>
=8% × 164,000
= $13,120.00
Principal payment = $40,635 - 13,120 = $27,505.00
Principal payment = $27,505.00
Answer:
False
Explanation:
It is FALSE that Month-end and Year-end process helps to write-off bad debts.
This is because both month-end and year-end processes are processes specifically carried out to adjust all account balances to make and depict the actual financial activities of the firm. This assists the firm's management team to make a further decision, but not to just write-off bad debts.
Bad debt is written off only when a customer invoice is deemed to be uncollectible.
Answer:
false
Explanation:
Barcelona has a network structure because it works with staffing agencies to fill many vacant positions.
When a company has a network structure, it works with other companies in order to produce a good or service (outsourcing). In this case, Barcelona outsources some of its human resources functions to other companies.
Answer:
Option A is the correct answer,$5810
Explanation:
The relevant of the Y51B is the cost of replacement,which is the open market price as it is actively being used by Yehle Inc.
Besides, if the quantity currently in inventory is used it has to be replaced at open market price.
Disposal value would have been used if the material in question is not being used
The relevant of 700 liters is given below:
$5.81*1000=$5,810
1000 liters has to be bought not 700 liters as the least quantity available for sale is 1000 liters.
Above,it would be wrong to choose option D as 700 liters is not available
A. <span>making at least the minimum payment, even if they are late</span>
