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3 years ago

7

Bramble Corp. will receive $18500 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025). W

hat is the present value of the six $18500 receipts, assuming a 10% interest rate?

1 answer:

Ksju [112]3 years ago

5 0

Answer:

21

Explanation:

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An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is

Klio2033 [76]

The four-firm ratio is the concentration ratio between the total sales accumulated by the four largest industrial firms to the total sales of all firms present in an industry. This translates to the mathematical expression of

four-firm ratio = (total sales of four largest firms / total sales)

Since, we are given that all 10 firms have the same sales, we let the sales be equal to x.

total sales of four largest firms = 4x
total sales = 10x

The ratio is then,

four-firm ratio = 4/10

Converting this to percentage will yield us an answer of 40%.

8 0

2 years ago

The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $11,136. 2. July bank service charge not

Alexus [3.1K]

Answer:

1. Adjusted cash balance per bank $13,760

Adjusted cash balance per books $13,760

2. Jul-31

Dr Cash $2,560

Cr Notes Receivable $2,560

Jul-31

Dr Miscellaneous Expense $64

Cr Cash $64

Explanation:

1. Preparation of a Bank reconciliation statement

at July 31, 2022

CRANE COMPANY

Bank Reconciliation

July 31,2022

Cash balance per bank statement $11,136

Add: Deposits in transit $4,544

Less: Outstanding checks ($1,920)

Adjusted cash balance per bank $13,760

Cash balance per books $11,264

Add: Electronic Funds transfer Received $2,560

Less: Bank service charge ($64)

Adjusted cash balance per books $13,760

2. Preparation of the adjusting journal entries at July 31 on the books of Crane Company.

Jul-31

Dr Cash $2,560

Cr Notes Receivable $2,560

Jul-31

Dr Miscellaneous Expense $64

Cr Cash $64

7 0

2 years ago

Regardless of the index we use:

Vitek1552 [10]

Answer:

b. we should get an accurate picture of how all consumer goods and services prices changed from year to year.

Explanation:

Wether it is ased on a fixed goods of goods or based on a changing goods of goods that gets old after time, we should check how is it work with this policy

The goal for the index is to adjust the value of assets by the inflation rate to calcualte the loss for having dollar bills.

6 0

3 years ago

sineoko [7]

Wait im searching for answers

4 0

2 years ago

What+is+the+required+monthly+payment+on+a+$350,000+mortgage?+assume+a+standard+mortgage+(360+months)+with+monthly+payments.+use+

notka56 [123]

Divide the hobby fee you're being charged by means of the number of bills you'll make each year, commonly twelve months. Multiply that discern with the aid of the initial balance of your loan.

Solution:

EMI or Equated monthly payment

= P x R x (1+R)^N]/[(1+R)^N-1]

Where,

P = Principal = $350,000

R = Monthly rate of interest = Annual rate / 12

= 6.9 %/ 12

= 0.575% or 0.00575

N = Number of installments = 360

So, EMI

= $350,000 x 0.00575 x [(1.00575) ^ 360] / [(1.00575) ^ (360-1)]

= $350,000 x 0.00575 x 7.877979 / [7.877979 – 1]

= $2,305.

The monthly price is the quantity paid according to a month to pay off the loan within the term of the mortgage. while a mortgage is taken out it isn't always only the primary amount, or the authentic quantity loaned out, that wishes to be repaid, but additionally, the hobby that accumulates. Your month-to-month payment on a 600k loan could be $three,477. which is your general estimated monthly price which includes the most important interest, taxes, and loan coverage.

Disclaimer:- your question is not in a correct format, please see below for the correct question format.

What is the required monthly payment on a+$350,000 mortgage?assume a standard mortgage (360 months) with monthly payments.+use+a+nominal+rate+of+6.90%.

Learn more about Monthly payments here:-brainly.com/question/11965695

#SPJ4

4 0

11 months ago