1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nina [5.8K]
3 years ago
10

On December 31, 2018, Wasley Corporation borrowed $500,000 on a 10%, 10-year mortgage note payable. The note is to be repaid wit

h equal semiannual installments, beginning June 30, 2019.
Required

a. Compute the amount of the semiannual installment payment using a financial calculator or Excel, and round amount to the nearest dollar.
Business
1 answer:
oksano4ka [1.4K]3 years ago
7 0

Answer:

$40,121.29

Explanation:

The amount to be paid as semi-annual equal equipment can be calculated using a calculator using the inder listed parameters as follows:

Semi-annual equal installment = Loan amount/Annuity factor

Annuity factor =  (1- (1+r)^(-n))/r

<em>Parameters to be used include</em>

r- 10/2 = 5%,  n- 2× 10 = 20,

Annuity factor = ( 1- (1.05)^(-20) )/0.05

                       = 12.4622

Semi-annual equal installment

= 500,000/12.4622

=  $40,121.29

You might be interested in
The following cost data pertain to the operations of Swestka Department Stores, Inc., for the month of July.Corporate headquarte
Marta_Voda [28]

Answer:

$157,900

Explanation:

Given all the costs,

Total amount of the costs that are not direct cost:

= Corporate headquarters building lease + Corporate legal office salaries + Central warehouse lease cost

= $81,600 + $62,700 + $13,600

= $157,900

Therefore, the total amount of the costs listed above that are NOT direct costs of the Northridge Store is $157,900.

7 0
3 years ago
At the beginning of the year, Zinc Inc. estimated that overhead would be $115,000 and direct labor hours would be 23,000. At the
Basile [38]

Answer:

a. $ 900 underapplied

Explanation:

Based on the data provided we conclude that the factory overhead is applied on the basis of direct labour hours.

Determination of Overhead rate

Estimated overhead                                                             $ 115,000

Direct labour hours                                                                  23,000 hours

Overhead rate per direct labor hour is $ 115,000/ 23,000 = $ 5 per direct labor hour

Amount of applied overhead = Direct Labor hours * Overhead rate per hour

Applied Overhead = $ 5 * 35,000                                        $ 175,000

Actual Overhead                                                                    <u>$ 175,900</u>

Underapplied Overhead                                                        $(     900)

6 0
3 years ago
a stock is priced at $45 per share. the stock has earnings per share of $3 and a market capitalization rate of 14%. what is the
yulyashka [42]

Answer: A concept known as Present Value of Growth Opportunities (PVGO) offers analysts a distinct method of appraisal. Given current stock values...

Explanation: Where is PVGO located?

PVGO is the value of a stock minus the earnings-to-cost ratio.

This strategy is predicated on the idea that businesses need to distribute profits to shareholders in the absence of a better use for them, such as investing in projects with a positive Net Present Value (NPV).

What is a stock's PVGO?

The portion of a company's share price that reflects forecasts for future profits growth is known as PVGO. The abbreviation "PVGO" stands for "present value of growth opportunities."

To know more about stock's pvgo visit;

https://brainly.in/question/4006268?

#SPJ4

6 0
1 year ago
is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goo
Elan Coil [88]

A countertrade is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goods and services.

Barter transactions can be among non-public events, among a non-public party and a sovereign state,' or between sovereign international locations." The countertrade transaction includes a parallel set of duties in which the parties ever undertake to sell items or era to the other in separate however related transactions.

The not unusual function of counter-change preparations is that export income to a particular market is made conditional upon undertakings to simply accept imports from that marketplace. for instance, an exporter can also promote machinery to USA X in a situation where he accepts agricultural merchandise from X for a fee.

A countertrade approach targets temporary corrections in a trending security fee motion to profit. The method involves buying/promoting security that has skilled an impulsive bearish/bullish flow within the hopes that a corrective move higher/decrease will permit them to sell/buy it back at that better/lower fee.

Learn more about countertrade here brainly.com/question/20164312

#SPJ4

8 0
1 year ago
After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext
marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue =  target price × annual target sales volume   .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0
3 years ago
Other questions:
  • Tomkin Library System issues $5 million in bonds on January 1, 2021 that pay interest semi-annually on June 30 and December 31.
    12·1 answer
  • The total market demand for toys in Springfield is 100,000 units. A company manufacturing toys has a variable cost is $10 per to
    11·1 answer
  • The multinational corporation exxon/mobil makes close to the same amount as the gross national income of which nation
    7·1 answer
  • In December 2014, Shire Computer’s management establishes the 2015 predetermined overhead rate based on direct labor cost. The i
    6·1 answer
  • Using the allocation method, if the ratio of land value to building value is one to three and an improved property is valued at
    5·1 answer
  • Laramie Labs uses a risk-adjustment when evaluating projects of different risk. Its overall (composite) WACC is 10%, which refle
    14·1 answer
  • Morgan Industries is comparing and contrasting its ending inventory value in terms of the three common inventory costing methods
    6·1 answer
  • Adams Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells bet
    5·1 answer
  • Deb has found it very difficult to repay her loans. Because of these difficulties, the bank decided to forgive one of her most r
    15·1 answer
  • True or false: the interval measure indicates how long a start-up company can operate until it needs more financing.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!