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ANTONII [103]
3 years ago
11

Which journal entry below would be properly used to record an issuance of an installment note (borrowing money) from first bank

on january 1 of this year. the principal of the note is $50,000, interest rate is 7%, terms of the note 5 years, annual payment $12,195?
Business
1 answer:
Drupady [299]3 years ago
8 0
Principal of the note
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To compete in the automobile​ market, Tesla must make many strategic decisions such as whether to introduce a new car​ model, ho
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Answer:

Explained

Explanation:

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6 0
3 years ago
stock sells for $100 rights-on, and the subscription price is $90. Ten rights are required to purchase one share. Tomorrow the s
m_a_m_a [10]

Answer:

$99.09

Explanation:

Calculation for What is Tricki's expected price when it begins trading ex-rights

Using this formula

Expected price=Stock rights-on- [ (Stock rights-on-Subscription price)÷(10 rights+ One share)]

Let plug in the formula

Expected price=$100-[($100-$90)÷(10+1)]

Expected price=$100-($10÷11)

Expected price=$100-$0.91

Expected price=$99.09

Therefore Tricki's expected price when it begins trading ex-rights will be $99.09

3 0
3 years ago
Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months
Firdavs [7]

Answer: $8,400

Explanation:

Given the following:

Amount repaid each month = $150

Number of Periods for which amount was paid = 10 months

Amount left after 10 months payment = $6900

Harry's original debt=?

The total amount paid = $150 × 10 = $1500

Amount left = $6900

Total debt amount:

(Total Amount left + total amount paid )

$(6900 + 1500)

=$8400

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Seeing his son graduate from college is most likely a short-term goal for a
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The answer is c 28 years old

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