I might be so wrong but I think it is B
hope it was right have a awesome day :)
Answer: $8,391.90
Explanation:
So the company borrowed $40,000 from a bank.
They are to pay 7% interest on the note per year for 6 years.
We are to find the annual payments.
7% represents a constant payment schedule per year so we can use an Annuity formula.
Seeing as the Annuity factor has been calculated for us already we don't need to formula though.
The present value of an annuity factor for 6 years at 7% is 4.7665.
Calculating the present value of the annual payment can be done as follows,
= Amount / PVIFA (Present Value Interest Factor for an Annuity)
= 40,000/4.7665
= 8391.90181475
= $8,391.90
The annual payments equal $8,391.90.
General education is the "very first part of the degree before you get into the main classes." General education is dealing with college and it's the first part of college before you get your main classes and such. General education also makes up a great amount of a degree.
Hope this helps.
Answer:
credit to Work in Process of $59,000.
Explanation:
Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000
Dr Finished goods $59,000
Cr Work in process $59,000
Dr Cost of goods sold $65,000
Cr Finished goods $65,000
The answer is A. Security dealers
A financial intermediary is an institution that channels the money from the lenders to the borrowers.
Security dealers on the other hand only buy and sell company's securities for their own account. A security dealer is not acting as a channel for anyone.