Which of the following loans will typically offer the lowest interest rate?

How would I put the reason I left my job simply and professionally if this was the reason: I left my job due to my drivers ed sc

Alenkinab [10]

I think that you could say it mostly like that by make your words more descriptive, I don’t really know what your going for tho

5 0

3 years ago

The city of Brittainville’s Special Revenue Fund levied $350,000 in taxes, of which 1% was expected to be uncollectible during t

Arturiano [62]

Answer:

fund balance will increase by $404,000

Explanation:

Given data:

Fund levived in taxes $350,000

1% of fund expected to be uncollectible

Amount of fund collected $7500 as interest revenue

$ 50,000 transferred to general fund

As it is given 1% is uncollectible , remaining value would be

= $350,000- $3,500 (1% * $350,000)

= $346,500

The other inflows are $7,500 + $50,000,

Total inflow is = $57,500.

Total transaction = $346,500 + $57,500 = $404,000

8 0

3 years ago

You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have t

icang [17]

Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

Present value = $180,000 x 14.40432 (PV annuity due factor, 6.25%, 31 periods) = $2,592,726

option b)

$500,000 today + ordinary annuity, 30 periods, 6.25%, $144,000

present value = $500,000 + ($144,000 x 13.40432 [PV annuity factor, 6.25%, 30 periods)] = $2,430,222

6 0

3 years ago

Accounts receivable from sales transactions were $51,000 at the beginning of the year and $64,000 at the end of the year. Net in

PtichkaEL [24]

<h2>Answer: $78,00</h2>

Accounts receivable from sales transactions were $51,000 at the beginning of the year and $64,000 at the end of the year. Net income reported on the income statement for the year was $105,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is?

Explanation:

4 0

3 years ago

A company purchased new equipment for $60,000. The company paid cash for the equipment. Other costs associated with the equipmen

olya-2409 [2.1K]

Answer: The cost of the equipment is $66,500.

Explanation: Under IAS 16 Property, Plant and Equipment, the cost of an asset comprises:

purchase price plus import duties and taxes
any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management
the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located

In the question, $60,000 was the purchase price, the transportation cost of $1,000 was necessary to bring the asset to the location intended by management, $3,000 was the sales tax and the installation cost of $2,500 was also necessary for the asset to function as intended by management. So all these costs would be capitalized as the cost of the equipment as $66,500.

3 0

3 years ago