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3 years ago

12

You have arranged for a loan on your new car that will require the first payment today. the loan is for $32,000, and the monthly

payments are $620.
required: if the loan will be paid off over the next 60 months, what is the apr of the loan?

1 answer:

enot [183]3 years ago

7 0

65.643 is the answer of the interest rate

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On November 4, 2018, Blue Company acquired an asset (27.5-year residential real property) for $200,000 for use in its business.

sleet_krkn [62]

Answer:

A. $191,818

B. $303

C. Loss; $11,515

Explanation:

A. Calculation to determine what The adjusted basis of the asset at the end of 2019 is

Cost of asset $200,000

Less Greater of allowed and allowable cost recovery:

2018 $910

2019 $7,272 ($8,182)

($910+$7,272=$81,82)

Adjusted basis of the asset at the end of 2019 $191,818

($200,000-$8,182)

Therefore the Adjusted basis of the asset at the end of 2019 will be $191,818

B. Calculation to determine what The cost recovery deduction for 2020 is

Cost recovery deduction for 2020= ($200,000 x .03636 x 0.5 / 12)

Cost recovery deduction for 2020=$303

Therefore The Cost recovery deduction for 2020 is $303

C. Calculation to determine what The____on the sale of the asset in 2020 is

Based on the information given we would be using 0.3636 as the percentage for 27.5-year assets.

Cost of asset $200,000

Less Greater of allowed and allowable cost recovery:

2018 $910

2019 $7,272 ($8,182)

($910+$7,272=$81,82)

Adjusted basis of the asset at the end of 2019 $191,818

($200,000-$8,182)

Less Cost recovery for 2020 $303

($200,000 * .03636 * 0.5 / 12)

Basis on date of sale $191,515

($191,818-$303)

Loss on sale of asset ($11,515)

($180,000 – $191,515)

Therefore The LOSS on the sale of the asset in 2020 is $11,515

6 0

3 years ago

Cody Barnett describes starting and managing your own business as

artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0

3 years ago

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves

WARRIOR [948]

Answer:

. $11.98

Explanation:

D1 = D0(1+g)

D0 = Last dividend

r = Required rate of retrun

g = Growth rate

Stock price formula = D1/(r-g)

Stock price = D0(1+g)/(r-g)

Stock price = 1*(1+0.054) / (0.142-0.054)

Stock price = 1.054 / 0.088

Stock price = 11.97727273

Stock price = $11.98

4 0

3 years ago

What is a marketing plan and why is it a company's a most important document? What basic elements should be included in a top-do

bonufazy [111]

Answer:

Explanation:

A marketing plan refers to the comprehensive document that outlines a company's overall marketing effort. It is a blueprint that outlines how a company will implement its marketing strategy, and how the company will utilize a combination of resources in order to achieve its business objectives. It is a company's a most important document because:

It contains specific goals and objectives and outlines the precise strategies to be used in achieving them.

It rallies the company's forces and resources for the marketing battlefield and therefore, dictates the role of Integrated Marketing Communications (IMC) in the marketing mix.

A marketing plan should always have the following:

A situation analysis: normally this will include a market analysis, a SWOT analysis and a competitive analysis.

Marketing strategy
Sales forecast
Expense budget.

Small companies can use bottom-up marketing to become big companies by creating an ingenious tactic they can use and building a strategy around it.

The elements of an advertising plan and an IMC strategy:

The IMC strategy will be determined by how the marketer makes use of the creative mix.

The creative mix is composed of:

The target audience
Product concept
Communications media, and
The message.

The best method of allocating funds for a real estate development is the sales percentage, market share, objective task, empirical research

The type of companies that tend to use the percentage of sales method are companies that want to use a method that will cost them nothing and will provide a greater chance of success for future sales.

4 0

3 years ago

If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,

Nadya [2.5K]

<span>To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.</span>

3 0

3 years ago