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Fed [463]
4 years ago
15

Camp Elim obtains a $125,000, 6%, five-year loan for a new camp bus on January 1, 2021. If the monthly payment is $2,416.60, by

how much will the carrying value decrease when the first payment is made on January 31, 2021?A. $1,791.60 B. $625.00 C. $2,416.60 D. $1,000.60
Business
1 answer:
Virty [35]4 years ago
4 0

Answer:

The answer is A. $1,791.60

Explanation:

Annual interest payment on the loan is:

6% x $125,000

=$7,500

Therefore, monthly interest payment is $625($7,500/12 months).

Monthly payments (which comprise principal and interest payment) is $2,416.60.

The carrying value decrease when the first payment is made on January 31 was made will be:

$2,416.60 - $625

= $1,791.60

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Because the Rubber Division sustained a loss, Vanikoro is considering the elimination of this division. All of the division's tr
Anna11 [10]

Answer:

Decrease in Net operating income ($30,000)

Explanation:

The computation of the change in net operating income is shown below:

Particulars                        Rubber Division

Lost of Contribution margin  ($100,000)

Savings from avoidable fixed costs :  

Traceable fixed costs $70,000

Decrease in Net operating income ($30,000)

We simply deduct the traceable fixed cost from the loss of contribution margin so that the change in net operating income could come

7 0
3 years ago
If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration __________ the wages of low-skilled
Andreas93 [3]

Answer:

Option B: will reduce

Explanation:

Immigration is simply movement from one country to another with the intention of staying. Immigrant are coming into the US yearly .

If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration reduce the wages of low-skilled workers as they are too much and wages will have to fall.

7 0
3 years ago
The advertising committee for a politician is going door to door and asking people to put a big, ugly election sign on their law
Dahasolnce [82]

Answer:

B. the door-in-the-face strategy

Explanation:

The door-in-the-face strategy is a largely used method in social psychology, marketing and sales. It starts with the seller/advertiser/persuader having a big request for the other person, knowing it will probably be turned down. Afterward, the seller/advertiser/persuader proposes a smaller request.

Many studies and researches have shown that people would more often <em>say yes</em> to the smaller request when it is made following the large request, rather than the small request being proposed alone.

In this example, the advertising committee is hoping that people would surely accept the smaller lawn sign after they initially propose the big sign, due to this strategy.

4 0
4 years ago
A bank is thinking about building a new branch. They think this new branch will generate 20 percent of the business of the bank
ivanzaharov [21]

Answer: 12.6%

Explanation:

The bank's expected standard deviation after adding this branch will be calculated thus:

= (Total invested in new branch × Expected rate of return) + (1 - Investment in new branch) × Other assets

= (0.2 × 0.15) + (1 - 0.2) × 0.12

= 0.03 + 0.8 × 0.12

= 0.03 + 0.096

= 0.126

= 12.6%

Therefore, the bank's expected standard deviation after adding this branch is 12.6%.

3 0
3 years ago
1. Discuss how MINI has endured for 60 years as a brand despite being owned by various companies. 2. Does MINI have high brand e
sammy [17]

1) Despite that MNI have been owned by various companies in the last 60 years, it has maintained itself as a separate identity in the market.

  • The separate identity held helps to attributed itself to only a small size car market and also differentiated itself in terms of look and style.

  • MNI positioned itself as manufacturer of youngster car with a feel of luxury at affordable price and emotional value to the car.

2) Because MINI have maintained its as a separate brand, it has around 5 billion brand equity value.

Read more about brand equity:

<em>brainly.com/question/19081560</em>

4 0
3 years ago
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