Answer:
A net income decrease of $130900 will occur by eliminating the mountain bike division.
Explanation:
Find the attachment
Answer:
His loan payment each quarter is nearest to $4,705.10.
Explanation:
Using a Financial Calculator enter the following data and find PMT, the loan payment each quarter
Pv = $70,000
n = 4 × 5 = 20
r = 12%
P/yr = 4
Fv = $0
Pmt = ? - $4,705.10
Thus PMT, the loan payment each quarter will be $4,705.10.
Marian received an extra principal payment on the loan her business made to another company. What activity is what is called investing activity.
<h3>What is meant by investing activity?</h3>
This is the term that has to do with all of the activities that a person would engage in that would be able to bring in an increase in cash.
This is an investment activity because we can see that she was the one that gave the loan, hence she would be receiving more money for the loan when it is paid back to her.
Read more on investment here: brainly.com/question/25300925
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Answer:
The idea that a higher price means the buying power of income has been reduced.
Explanation:
The income effect is defined as the change in consumption of goods of services after a change of income. If income grows, it is expected that the consumption of goods and services will also grow (this can be measured by the marginal propensity to consume), and viceversa.
If prices rise, the buying power of income will be reduced even if income has grown. If prices rises even more than income, the buying effect of income will fall even more. This two statements can be both explained by the income effect concept.
