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3 years ago

11

Borrowing money to pay for expensive items like student loans and home mortgages with the intent to pay it back in fixed monthly

payments is called
installment credit
an unsecured loan
a secured credit card
compounding interest

2 answers:

Leno4ka [110]3 years ago

8 0

Answer:

Installment Credit

Explanation:

horrorfan [7]3 years ago

8 0

Answer:

Installment Credit

Explanation:

Installment credit is a type of credit for a fixed sum to be repaid in instalments e.g student loans

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One problem with conflicts of interest is that they can reduce the ________ in financial markets, thereby increasing ________. Q

luda_lava [24]

Answer:

The answer is Quality of information and Asymmetric information

Explanation:

Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.

Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.

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3 years ago

The student is told that one of the four solids tested is actually barium chloride ,bacl2. which of the solids could be bacl2?

dem82 [27]

To find the correct answer, you should know that Barium Chloride is a strong electrolyte. A strong electrolyte will wholly complete the circuit as shown by a brightly powered light bulb. Therefore, the correct answer is a solid with a concentration of 0.20, where the strength of light emitted is bright. Remember that all strong acids and highly soluble ionic substances are strong electrolytes. Ionic compounds that are merely slightly soluble or are insoluble may act as a poor electrolytes.

6 0

3 years ago

A restaurant is for sale for $200,000. It is estimated that the restaurant will earn $20,000 a year for the next 15 years. At th

Thepotemich [5.8K]

Answer:

B

Explanation:

to determine of the investor would pursue the project, we need to determine the value of the net present value

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $-200,000

Cash flow in year 1 - 14 = 20,000

Cash flow in year 15 = 20,000 + $350,000

I = 15%

NPV = -40,039.53

The npv is negative and the project should not be undertaken

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

-40,039.53

6 0

3 years ago

Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The cost of

brilliants [131]

Answer:Therefore amount of deductions allowable in year of installation = $7,808

Explanation:

Deductions entitled in the year of installation of pool =Cost of installing pool -insurance cost - the increase in property value

=$19,520- $4,880 -$6,832

=$7,808

Therefore amount of deductions allowable = $7,808

4 0

4 years ago

Prepare the Income Statement from the Adjusted Trial Balance. Within each section of the statement, use the drop-down menus to e

almond37 [142]

Answer:

Smart Touch Learning

SMART TOUCH LEARNING Income Statement December 31, 2016

Service Revenue 42,500

Depreciation Expense--Furniture 1,800

Interest Expense 200

Rent Expense 2,800

Salaries Expense 3,200

Supplies Expense 700

Total Expenses 8,700

Net Income $33,800

Explanation:

a) Data and Calculations:

SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit

Cash 14,000

Accounts Receivable 7,700

Office Supplies 100

Prepaid Rent 9,300

Furniture 16,300

Accumulated Depreciation--Furniture 5,600

Accounts Payable 1,800

Salaries Payable 400

Interest Payable 200

Unearned Revenue 4,600

Notes Payable 6,500

Common Stock 9,100

Retained Earnings 9,300

Dividends 23,900

Service Revenue 42,500

Depreciation Expense--Furniture 1,800

Interest Expense 200

Rent Expense 2,800

Salaries Expense 3,200

Supplies Expense 700

Total 80,000 80,000

b) The income statement of Smart Touch Learning shows the difference between its revenue and expenses for a given accounting period. It is used to determine the net income that the company has generated over a particular period.

5 0

2 years ago