Answer:
The dollar value of ending inventory is $7.500.000
Explanation:
To calculate the dollar value of ending inventory you need to use the next formula:
End inventory= (Beginning inventory + production - sales).$
In this case:
- Beginning inventory: 10.000 units
- January Production: 20.000 units
- Sales: 15.000 units
End inventory= 10000+20000-15000
End inventory= 15.000 units
Dollar value= 150000 . $500= $7.500.000
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Answer:
The correct answer is letter "B": unfavorably; increases.
Explanation:
As a measure to control inflation in the economy, the Federal Reserve (Fed) tends to <em>increase </em>the interest rate. This to have banks request fewer loans from the central bank which will result in offering fewer credits to individuals. If people have fewer sources of debt, the possibilities that an economic bubble -<em>continuous increase in price due to continuous increase in demand</em>- appear decreases.
However, if people have fewer sources of debt, private investment decreases, causing an <em>unfavorable </em>panorama for financial institutions offering large portfolios of assets.
Answer:
The decrease in repo rates is to aim at bringing in growth and improving economic development in the country. Consumers will borrow more from banks thus stabilizing the inflation. A decline in the repo rate can lead to the banks bringing down their lending rate
Answer:
1. Calculate the monthly payment for a 30-year mortgage loan.
we can do this by using the present value of an annuity formula
the loan's interest rate is missing, so I looked for a similar question and found that it is 6%
present value = monthly payment x annuity factor
monthly payment = present value / annuity factor
- present value = $200,000 (loan's principal)
- PV annuity factor, 0.5%, 360 periods = 166.79161
monthly payment = $200,000 / 166.79161 = $1,199.101082 ≈ <u>$1,199.10</u>
2. Calculate the amount of interest that you’d pay for a 30-year mortgage loan.
total interests paid during the 30 years = (monthly payment x 360) - principal = ($1,199.10 x 360) - $200,000 = <u>$231,676</u>
