Answer:
He will have to come up with a bigger down payment.
His monthly payments will be higher.
Good luck:)
Answer:
Turnover Company
The net income of Turnover will increase by $500,000.
Explanation:
a) Data and Calculations:
Turner Company's shareholding in ICA = 10%
ICA pays dividend totalling $5 million
Turner's share of dividend = $500,000 ($5 million * 10%)
b) This is not based on equity accounting. Instead, the investment will be reported at fair value. Equity accounting method will be applied in recording Turner's investments in ICA Company, if the ownership interest is valued at 20–50% of the stock.
c) The $500,000 dividends received from ICA Company will be reported in the Income Statement of Turner Company as other income, unless Turner ordinarily buys and sells stocks. The 10% shareholding does not amount to significant control or influence for the accounts of Turner and ICA to be consolidated.
The answer is c, the type of renter Insurance must buy
Answer:
Purchase Price Variance (PPV)
Explanation:
The answer is : A. Home loan
Home loan only have about 4 -5 % interest rate. Compared to other options :
- Credit Card Loan : about 15 % of interest rate
- Paycheck Loan : also about 15 % of interest rate
- Unsecured Loan : usually above 20 % interest rates
