using the payment function, a $12,000 loan for 4 years at a rate of 6%, your payment would be $281.82
Answer:
Net inflow from financing activities = $4,400
Explanation:
Provided information,
Financing Activities are those activities which are done to get finance for the company, that is any expense related to generation of funds for the company, or any funds raised.
Here Financing activities are:
Receipt from bank for long term borrowings = $6,400
Less: Payment of dividend = $2,000
Net inflow from financing activities = $4,400
Purchase of machinery is investing activity, payment to workers is operating activity, payment to suppliers is operating activity, Receipt from customer is operating activities.
Net inflow from financing activities = $4,400
Answer:
Amount saved by the owner is $225.
Explanation:
given,
the property has been assessed = $40,000
the city tax rate = 10 mills = 0.001
country tax rate = 9 mills = 0.009
school board levy = 9 mills = 0.008
owner gets homestead tax exemption of = ?
Homestead tax exemption is used to same money from paying tax on their property every year.
homestead tax exemption given is $25,000
Money saved by owner = $25,000 homestead exemption × county tax rate
= $25000 × 0.009
= $ 225
Amount saved by the owner is $225.
Answer:
A. Two alternatives
Explanation:Alternative one : not to do anything, and run the risk of losing entire crop worth of $75,000.
Alternative two : to insulate his crop by spraying water at cost of $20,000 and succeed in saving the crop with five possible outcomes as given in attached file.
Net result or expected loss for atternative one is = .40*0 + .6*75000 = $45,000
Net result or expected loss for alternative two is = Cost-20000 + expected loss = 20000 + .3*0 +.15*5000 + .10*1000 +.15*15000 + .30*20000 = 20000+10000 = $30,000
B. Expected loss is less in case of alternative two, therefore farmer is advised to go for spraying water.
C. Highest cost for insulating the crop is (45000 - 10000) = $35,000 (Differnce between the expected loss under the two options)
D. In case the probability of freezing is at the lowest level of .40, then loss under alternative one is = .4*75000 =$30,000 . With higher levels of probabilities the expected loss is bound to be more. Therefore the decision to go for spraying water holds good.
E. As explained earlier as long as cost of insulation is less than the difference between the expected losses between options, it is recommended to go for spraying water.