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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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Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
Airida [17]

Answer:

Explanation:

Hi, I have attached the full question as images below

Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

Total Manufacturing Cost  = $70,000 + $35,500 + $43,700 = $149,200

Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

Total Prime Cost = $70,000 + $35,500 = $105,500

Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000

Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900

Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20

Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90

5 0
3 years ago
Exporting products overseas is an example of ________.
stepladder [879]

Exporting products overseas is an example of a convertible trade fair trade. Thus, the correct option is A). a convertible trade fair trade.

<h3>What does the term export mean?</h3>

Export refers to the production of goods and services in one country but sold to a buyer abroad or in another country. It is the oldest forms of economic transfer of goods and services between different countries.

Export is the economic activity of exporting or selling the goods to the another country or across the border of a country.

Basically, exports lead to increased investment, technological advancement and market expansion which contribute to the economic growth.

Learn more about exports here:-

brainly.com/question/14099857

#SPJ1

6 0
2 years ago
Economic growth is __________.
Marrrta [24]
Economic growth is growth in a countries GDP, in general, but it should be noted that there are many other factors that can influence growth of a nation. 
4 0
3 years ago
Which of the following best explains why the media industry is characterized
Gwar [14]

Answer:

The answer is C. Government licensing allows media companies to have a near monopoly.

Explanation:

Not anyone can start a media company just because they want to. There are barriers to entry such as the large capital expenditure, staffing, and the government licensing.

Among these, the major contributor towards the marketto become an oligopoly is the government licensing process.

There are many things to consider and do during the licensing process and it is highly time consuming as well. Moreover, the costs involved is significantly high as well.

7 0
3 years ago
Read 2 more answers
Suppose a company signs a three-year lease agreement. The lease payments have a present value of $40,000. Prior to signing the l
larisa [96]

Answer:

The balance of total assets, total liabilities, and total stockholders' equity is $640,000, $440,000 and $200,000 respectively.

Explanation:

The computation of the balance of total assets, total liabilities, and total stockholders' equity after considering the lease payment  is shown below:

For Total assets  

= Total assets balance + present value of lease payments

= $600,000 + $40,000

= $640,000

For Total liabilities

= Total liabilities balance + present value of lease payments

= $400,000 + $40,000

= $440,000

And, the total stockholders' equity is $200,000

While computing the stockholder equity, the lease payment does not have an impact on the stockholder equity so the balance would remain the same as before

4 0
3 years ago
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