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Mila [183]
3 years ago
8

You have just taken out an installment loan for $100,000. Assume that the loan will be repaid in 12 equal monthly installments o

f $9,456 and that the first payment will be due one month from today. How much of your third monthly payment will go toward the repayment of principal
Business
1 answer:
Rama09 [41]3 years ago
7 0

Answer:

$7,757.16

Explanation:

rate of interest = 2%

Rate(12, 9456-100000)

Rate(nper,pmt,pv)

APR = 24.00%

           (Rate*12)

Principal for third monthly payment = PPMT(2%,3,12,-100000)

               = $7,757.16

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Which of the following statements is CORRECT? a. During a period when a company is undergoing a change such as increasing its us
hram777 [196]

Answer:A. During a period when a company is undergoing a change such as increasing its use of leverage or taking on riskier projects, the calculated historical beta may be drastically different from the beta that will exist in the future.

Explanation: Leverage is a term used in Financial investment to mean the use of various borrowing options by an organisation in order to improve its potential to make profit or its potential to be Competitive.

Risky projects are projects known to high a high chances of loss,this type of projects can lead to severe consequence for business Organisations.

the beta of an investment is a measure of the risk which is caused by the exposure of an investment to general market changes as opposed to internal factors that can have severe negative impact on an investment.

7 0
4 years ago
Bunk stores has requested a quote for a special order of bubbs. this order would not be subject to any corporate allocation (and
Nezavi [6.7K]

The minimum price that this order could be offered is at cost. Since there are no cost figures in this question, this is the best answer I can give.

You would need to at least sell the item for the amount of money it cost you to make, assemble, and ship the product.

7 0
4 years ago
The balance sheet given below is presented for the partnership of Janet, Anton, and Millet: Cash $60,000 Liabilities $80,000 Oth
Effectus [21]

Answer:

Janet will receive=$30,000

Explanation:

According to the information of the exercise, consider the following calculations.

<em>Step 1.</em> Total net assets realized=(60,000+50,000)=$110,000

<em>Step 2.</em> Less : liabilities paid=$80,000

<em>Step 3.</em> Remaining balance=$30000

Hence Janet will receive=$30,000

7 0
3 years ago
During 2019, its first year of operations, Bento Steel Corporation reported a net operating loss of $500,000 for financial repor
erastovalidia [21]

Answer:

The amount of net income reported in 2020 income statement would be $75,000.

Explanation:

Pretax accounting income for 2020 = $100,000

Income tax expense for 2020 = Current tax + Reversal of Deferred tax assets

= ($100,000 - $100,000)*25% + ($100,000*25%)

= $25,000

Amount of net income reported in 2020 income statement = Pretax accounting income - Income tax expense

= $100,000 - $25,000

= $75,000

Therefore, The amount of net income reported in 2020 income statement would be $75,000.

8 0
4 years ago
Juan argued that bluegrass is the best food for cattle in the Midwest. Sammy objected by citing how the authorities at the U.S.
seropon [69]

Answer:

committed the fallacy of avoiding the issue.

Explanation:

The fallacy of avoiding the issue is also called the fallacy of irelevant conclusion or a red herring.

It occurs when an individual avoids dealing with an issue that he has a problem with.

In the given scenario the issue is whether bluegrass is better than Alfa Alfa for cattle in the Midwest.

Instead of Juan to address the issue he is arguing that the U.S. Department of Agriculture is a bloated bureaucracy with too much fat that deserves to be cut in the next federal budget bill.

He is not addressing the main issue

8 0
3 years ago
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