Answer:
Most credit cards only require you to make a minimum payment each month, which is typically a fixed amount, like $20 to $25 or something thats 1 to 3 percent of your balance so the less you pay now, the more you'll pay later
ANSWER: The answer is false.
Explanation: Under (12)US code 1464 of Federal Regulations, saving and loan are regulated. These savings are not regulated by heavy banks but they are still subject to federal regulations. They are also known as S&L's. The regulation is applied to those S&L's industry which come out of the Savings and Loan's Crisis of the 1980.
Answer:
Increase.
Explanation:
Given that,
Total current assets = $510,000
Total current liabilities = $250,000
Current ratio before paying short term note:
= Total current assets ÷ Total current liabilities
= $510,000 ÷ $250,000
= 2.04
On July 1, 2017: Payment of short term note with cash = $60,000
This payment of short term note reduces the total current assets in terms of cash reduction and also reduces the total current liabilities in terms of short term liability.
New total current assets:
= $510,000 - $60,000
= $450,000
New current liability:
= $250,000 - $60,000
= $190,000
Current ratio:
= New Total current assets ÷ New Total current liabilities
= $450,000 ÷ $190,000
= 2.37
Therefore, the current ratio of this firm increases from 2.04 to 2.37.
Answer:
Depreciation amount has to be added back to the annual income because it is a non cash expense.
Project 22A
Depreciation = 242,000 / 6 years
= $40,333.33
Annual income = 40,333.33 + 16,890
= $57,223.33
IRR using Excel is:
= 11%
Project 23A
Annual income = 20,710 + 271,500 / 9 years
= $50,876.67
IRR = 12%
Project 24A
Annual income = 15,700 + 283,000 / 7 years
= $56,128.57
IRR = 9%
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<em>Note: Look at the formula bar to see how IRR was calculated. </em>
False? I’m not sure but that doesn’t mean that you’re qualified just because of rain in one because you are not find it for you to be able to be a pilot
