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3 years ago

Susie is considering a graduated repayment plan, which means...

Business

1 answer:

il63 [147K]3 years ago

6 0

Answer:

The correct answer is letter "C": Her monthly payments will start lower and end higher.

Explanation:

As its name says, graduated repayment plans are those set to establish the payment method college graduate students must choose to cover their debt. The repayment plan has a length of 120 months or 10 years and the monthly payments increase usually every two years.

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Berkshire Inc. uses a periodic inventory system. At the end of 2020, it missed counting some inventory items, resulting in an in

grandymaker [24]

Answer:

Assets understated by $660,000, liabilities understated by $198,000, and shareholders' equity understated by $462,000

Explanation:

Calculation to determine the effect of this error on Berkshire's December 31, 2020 balance sheet

BERKSHIRE'S December 31, 2020 balance sheet

Assets=$660,000 Understated

Liabilities=$198,000 Understated

Shareholders' equity = $462,000 Understated

($660,000-$198,000)

Therefore the effect of this error on Berkshire's December 31, 2020 balance sheet will be:

Assets understated by $660,000, Liabilities understated by $198,000, and Shareholders' equity understated by $462,000

7 0

3 years ago

The following information are available about the economy, where all figures are in million dollars: Full employment = $2,000, C

Softa [21]

Answer:

Explanation:

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4 0

3 years ago

If a firm reduces the price of its product from $6 to $4 and the quantity demanded of the product increases from 45,000 to 55,00

vivado [14]

Answer:

The correct answer is

B. –0.5

good luck ❤

8 0

4 years ago

Madison, Inc. has the following asset account balances: Buildings and equipment $4,622,500 Accumulated depreciation 622,500 Pate

NNADVOKAT [17]

Answer:

A. $6,507,500

Explanation:

Accumulated depreciation is the contra asset account and it needs to be adjusted in the cost of the relevant assets to represent the net book value of the assets. Building and Land are classified as the property.

Buildings and equipment $4,622,500

Accumulated depreciation ($622,500)

Net Buildings and equipment $4,000,000

Land $2,507,500

Total Property, plant, & equipment $6,507,500

The following accounts are non Property, plant, & equipment.

Patents $375,000

Goodwill $325,000

Accounts receivable 215,000

4 0

3 years ago

Dividends at FSL are expected grow at a rate of negative 5.4% per year (the dividends are getting smaller). The stock just paid

Crank

Answer:

$21.37

Explanation:

g = -5.4%

D0 = $3.93

D1 = D0 (1+g)

D1 = 3.93*(1-0.054)

D1 = 3.93*0.946

D1 = 3.71778

Investors require a return (ke) of 12%

P0 = D1/(ke - g)

P0 = 3.71778 / (12% - (-5.4%)

P0 = 3.71778 / (12% + 5.4%)

P0 = 3.71778 / 17.4%

P0 = 3.71778 / 0.174

P0 = 21.3665517

P0 = $21.37

So, the expected price of the stock next year is $21.37.

5 0

3 years ago