Answer:
1. $1,821.76
2. 7.87%
Explanation:
We use the PMT formula that is shown in the attachment below:
Provided that
Present value = $75,200
Future value = $0
Rate of interest = 7.6% ÷ 2 = 0.6333333%
NPER = 48 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $1,821.76
2. Now the effective annual rate is
= (1 + APR ÷ number of months)^number of months - 1
= (1 + 7.6% ÷ 12)^12 - 1
= 7.87%
Answer: Option (D). Cost of Good Sold
Explanation: Cost of goods sold is the carrying value of goods sold during a particular period of time. Furthermore, Cost of goods sold refers to the cost of acquiring or manufacturing the products that a company sells during a particular period of time and Costs of goods can include material, labor, and allocated overhead.
Cost of Goods Sold accounts would be closed at the end of the year using the perpetual inventory system.
Answer:
23,130,000 HK
Explanation:
Loan amount taken by sapling = 12,000,000 euros
Loan amount taken by sapling in Dollars at an exchange rate of 9 HK dollars/euros:
= 9 × 12,000,000
= 108,000,000 HK
Amount to be repaid by sapling at i= 1.5%:
= 12,000,000(1 + 0.015)
= 12,180,000 euros
Amount to be repaid by sapling in HK Dollars at an exchange rate of 7.5 HK dollars/euro:
= 7.5 × 12,180,000
= 91,350,000 HK
Amount earned by lending at i = 6%:
= 108,000,000(1 + 0.06) HK
= 114,480,000 HK
Net profit earned = Amount Earned - Amount Repaid
= 114,480,000 HK - 91,350,000 HK
= 23,130,000 HK
Net profit earned in Euros = (23,130,000 ÷ 7.5) euros
= 3,084,000 euros
Answer:
a. a smaller increase in the marginal product of labor.
Explanation:
The law of diminishing returns to physical capital states that as more and more input are added to fixed factors of production, output increases at a decreasing rate.
For there to be output growth, physical capital should be increased less than human capital and technological progress.
I hope my answer helps you
Answer:
$16.30
Explanation:
The year end NAV for the hedge fund is:
NAV = [beginning assets x (1 + asset growth) x (1 - hedge fund's fees)] / total outstanding shares
NAV = (150 million x 1.12 x 97%) / 10 million = $162.96 million / 10 million = $16.30
The net asset value (NAV) of a hedge fund represents the market value of each outstanding share of the fund.