How do I find the autonomous consumption?

g Ms. White has entered the housing market in search of a suitable home. She has saved $10,000 for a down payment and has found

Svetradugi [14.3K]

Answer:

$89,418

Explanation:

It is important to realize that Ms. White has been honoring her mortgage payments for the 18 months that she owned the house.

So we can determine the amount of outstanding debt by constructing an amortization table.

Here, i will use a Financial Calculator to prepare the amortization table.

PV = $90,000

N = 20

I = 12

FV = 0

P/YR = 1

PMT = $11,172.93 (CALCULATED)

Period Principle Interest Payment Balance

Beginning $90,000

Year 1 End $373 $ 10,800 $11,173 $89,627

Year 2 End $417 $ 10,755 $11,173 $89,209

But for the Year 2 she only owned the house for 6 month (to 18 months).

Thus amount outstanding after 18 months is $89,418 ($89,627 - $209)

3 0

2 years ago

Corn Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is consideri

svet-max [94.6K]

Answer:

1. 6.52 years

IRR = 10.93%

NPV = $9,851.30

4. yes

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

$215,000 / $33,000 = 6.52 years

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

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

NPV and IRR can be calculated using a financial calculator

Cash flow in year 0 = $-215,000

Cash flow each year from year 1 to 12 = $33,000

I = 10%

NPV = $9,851.30

IRR = 10.93%

The project is acceptable because the IRR is greater than the cost of capital

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

To find the IRR 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 IRR button and then press the compute button.

and the NPV is positive

5 0

2 years ago

The demand curve shows that the quantity consumed of a good or service

Zigmanuir [339]

Answer:

increase by price

Explanation:

because, of quantity let me m know if I am correct I am pretty sure I am

8 0

2 years ago

At the end of 2017, Grouper Company has accounts receivable of $916,100 and an allowance for doubtful accounts of $42,400. On Ja

Gennadij [26K]

Answer:

Since the debt has already been provided for by Debiting bad debt expense $42,400 and Crediting Allowance for doubtful debt $42,400, the entries required to write off the debt from Ramirez Company of $6,330 will be

Debit Allowance for doubtful debt $6,330

Credit Accounts receivable $6,330

Being entries to writeoff debt due Ramirez Company of $6,330

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

8 0

2 years ago

When making location decisions, nonprofit organizations differ from for-profit ones in seeking a balance between?

PilotLPTM [1.2K]

Between the costs and customer service. Customer service is the arrangement of administration to clients sometime recently, amid and after a buy. The view of accomplishment of such communications is reliant on workers "who can modify themselves to the identity of the visitor".

5 0

3 years ago