The circumstances upon which it is permitted to share an unclassified draft document is:
"when the document is approved for public release."
- According to regulations guiding business operations, it can share an unclassified draft document if and when it is approved for public sharing.
- At this point, individuals may share such documents outside of DoD.
Hence, in this case, it is concluded that an individual is permitted to share unclassified draft documents with a non-DoD professional discussion group.
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1. Critical Thinking
2. Project Management
3. Analytical Skills
4. Holistic Approach
5. Technical Skills
Answer:
Principal Balance at the end of the second payment or year:
$198,350.24
Explanation:
Schedule
start principal start balance interest end balance end principal
1 $196,000.00 $196,000.00 $11,760.00 $208,935.12 $197,175.12
2 $197,175.12 $208,935.12 $12,536.11 $222,646.35 $198,350.24
Cost of Home = $245,000
less down payment = 49,000 (20% of $245,000)
Starting principal = $196,000
Answer:
FV= $2,765.30
Explanation:
Giving the following information:
Present Value (PV)= $2,100
Interest rate= 0.054/4= 0.0135
Number of periods= 2*4= 8 quarters
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 2,100*(1.0135^8)
FV= $2,765.30
Answer:
a.
1 March 2019 Purchases $87000 Dr
Notes payable $87000 Cr
b.
31 September 2019 Interest expense $5075 Dr
Interest Payable $5075 Cr
Explanation:
a.
The purchase of inventory against notes payable will increase asset-inventory and will be recorded as a debit to purchases. The credit side of the inventory will be a current liability of notes payable for the amount of purchases.
b.
The note is a 9 month note and the interest will be paid at maturity on 30 November 2019. Following the accrual principle, the note accrues interest over its 9 months period equally. So, on 31 September, the interest on note for 7 months will be accrued.
Interest for 7 months = 87000 * 0.1 * 7/12 = $5075
This will be recorded as an expense and a liability as it is unpaid.