Answer:
Loan amount = $184,193.95
Explanation:
Interest will remain same each year. Interest per year = 200,000*10% = $20,000
Installment $21,215.85
Less: Interest <u>$20,000</u>
Payment to Principal <u>$1,215.85</u>
Total principal repaid in 13 years = $1,215.85 * 13 years = $15,806.05
So, the principal left = $200,000 - $15,806.05 = $184,193.95
Answer:
A. service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.
Explanation:
A company might buy a copy machine that stays in excellent working order for 10 years, but slowly starts breaking down after 10 years so they sell it at a used office equipment sale. Someone else buys it at a discount and uses it for 2 more years before it completely stops working. It's service life was the 10 years that the original company used it, and it's physical life is the 12 years that it lasted before totally breaking down.
The amount of the operating cash flow using the top-down approach is<u> $2,200</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Sales of production= $6,000
Increase in cash expenses= $2,500
Increase in tax= $1,300
Additional depreciation expense= $1,000
Initial cash outlay= $2,000
Operating cash flow= Sales of production- Increase in cash expenses- Increase in tax
OCF = 6,000-2,500-1,300
= $2,200
So the amount of the operating cash flow using the top-down approach is $2,200.
Answer: Higher price of bicycles
Explanation: Higher steel prices will lead to a rise in the input cost of the producers of bicycles. As a result of this, the supply for bicycles will decline shifting the supply curve upward to the left. With no information given about change in the demand for bicycles, the demand curve will not change.
The net effect will be an increase in the price of bicycles.
False, any leader should have good listening skills regardless of their political party
