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worty [1.4K]
3 years ago
9

Billingsley, inc. is borrowing $60,000 for five years at an apr of 8 percent. the principal is to be repaid in equal annual paym

ents over the life of the loan with interest paid annually. payments will be made at the end of each year. what is the total payment due for year 3 of this loan?
Business
1 answer:
alexandr1967 [171]3 years ago
6 0
60,000 / 0.8 % = 75,000 loans
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The following data (in millions) are taken from the financial statements of Target Corporation: Recent Year Prior Year Revenue $
Sliva [168]

Answer:

1.88%  and $1,339

Explanation:

The computation of the amount of change revenue is shown below:-

Amount of change revenue = Recent year - prior year

= $72,618 - $71,279

= $1,339

Percentage of change revenue = (Recent year - prior year) ÷ Prior years

= ($72,618 - $71,279) ÷ $71,279

= $1,339 ÷ $71,279

= 1.88%

We simply applied the above formulas

8 0
3 years ago
An important social trend is the continued concern for health and well-being in the United States. This is most likely evidenced
yulyashka [42]

An important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit.

<h3>What is social trend?</h3>

It should be noted that social trend simply means

the movement of a particular trend or its growth.

In this case, an important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit

Learn more about social trend on:

brainly.com/question/2926894

#SPJ1

7 0
2 years ago
Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $170,000
Fofino [41]

Answer:

$65,000

Explanation:

Calculation to determine what The estimated inventory loss due to Hurricane Fred would be

Beginning inventory$170,000

Add Net purchases195,000

Goods available for sale365,000

($170,000+$195,000)

Less: Cost of goods sold (300,000)

($480,000/160%)

Estimated ending inventory$65,000

($365,000-$300,000)

Therefore The estimated inventory loss due to Hurricane Fred would be $65,000

8 0
3 years ago
The phase of the business cycle that includes a period of decline in GDP and
Anarel [89]

Answer:

Contraction:

Explanation:

The contraction period is the time between the peak  (highest growth rate) and the trough ( the lowest growth rate).  At contraction, the GDP value declines from its peak to the lowest or negative growth rate. Contraction means a shrink in economic activities.

During contraction, the unemployment rate rising as employers lay-off workers due to reduced demand. Incomes and profits decline, and the GDP value decreases to low or negative values. The contraction period starts with a recession, which is a decline in GDP value for two consecutive quarters.

4 0
3 years ago
Read 2 more answers
____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy th
serg [7]

Answer:

Business analysis

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.

This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.

Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

5 0
3 years ago
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