Answer:
Interest expense = $20,000
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest. </em>
The annual installment is computed as follows:
Annual installment= Loan amount/annuity factor
Annual installment is already given as = 37,258 (already given)
Interest payment = interest rate × Loan balance at the beginning of the year
DATA
Interest rate = 8%
Loan balance at the beginning of the year = $250,000
Interest expense = 8%× 250,000 = $20000
Principal paid = Annual installment - Interest = 37,258-20,000 = 17,258 <em>(this is not required but to explain the concept)</em>
Interest expense = $20,000
This will only require tax from our parent or other's because, this is for level of K-12 so it will be tax from people like us. This is what I thought tho.
Answer:
The correct answer is a. Identify direct expenses; allocate indirect expenses; allocate service department expenses.
Explanation:
Selling costs are the costs incurred by a company to market the products or services, such as the salary of the sellers, commissions, gasoline of the trucks that distribute the orders, advertising, etc. Administrative expenses are the costs incurred by a company to manage its operations. Examples of these expenses would be the salary of the accountant, the surveillance expenses, the expenses for the cleaning service, stationery, salaries and benefits of the administrative staff of the company, etc. Some concepts can be shared, such as office rent. If there are sales and administration departments in the same building; The total expenditure must be applied to the two departments according to the space each of them uses (square meters) or at an estimated percentage; for the therefore, of the total rent one part would be selling expenses and another part administration expenses.
Answer:
a.38%
b. No because the margin is above the requirement at 38%
c.-150%
Explanation:
a.
1000 shares*$40 per share = 40000
margin requirement is 50% so equity = 20000
1 year later price increase to 50
$1000 shares*$50 per share = 50000
dividend = $2*1000 = 2000
margin = 20000/52000 = 38%
b.
No because the margin is above the requirement at 38%
c.
Price of 1000 stock year 1 at 50$/share = 50000
40000 – 50000 = -10000
Rate of return = (-10000 -20000)/20000 = -150%
