Answer:
The approximate annual expected appreciation rate on home equity (annual EAHE) is 14.87%
Explanation:
loan amount = purchase price*LTV
= $200,000*0.80
= $160,000
for n being the number of years:
annual EAHE = (loan/equity)^1/n
= ($160,000/$80,000)^1/5
= 14.87%
Therefore, The approximate annual expected appreciation rate on home equity (annual EAHE) is 14.87%
Answer:
b. Each monthly payment is greater than the amount of interest accruing each month.
Explanation:
Economic profit consists of revenue minus implicit (opportunity) and explicit (monetary) costs, accounting profit consists of revenue minus explicit costs.
Answer:
They'll make more business and money.
Explanation:
They will sell their country's services to them since they don't have their services in that country.
Answer:
c. under both the capital stock and additional paid-in capital sections
Explanation:
In the given question, the corporation issued 40,000 shares for $50 par value and for cash $60 per share
So, it affects the two accounts, one is preferred stock and the second is additional paid-in capital.
The preference stock should be increased by $2,000,000 (40,000 shares × $50)
Whereas the difference of $400,000 (40,000 shares × $10) would be transferred to additional paid in the capital account
And, the preferred stock has come under a capital stock account that's why we considered both the things