Amount = $900,000
Bearing interest = 12%
Annual principal payments = $300,000
Bank prime rate = 11%
<u>To find:</u>
Accrued interest payable
<u>Solution:</u>
The calculation of the accrued interest payable,
Therefore, the accrued interest payable will be $24,000.
<span>Her PMI will automatically be dropped when her mortgage balance drops to 78% of the home's ORIGINAL value of $200,000. The new value of the home is not relevant.</span>
Answer:
The production level of Daytripper will be 2010 backpacks and the production level of Excursion will be 1185 backpacks. Thus, option C is the correct answer.
Explanation:
The production volume in July can be calculated by adding the production for July and the closing inventory in July and deducting the opening inventory in July from it.
Production level = Closing Inventory + Production - Opening Inventory
Daytripper = (2200 * 0.05) + 2000 - (2000 * 0.05)
Daytripper = 2010
Excursion = (900 * 0.05) + 1200 - (1200 * 0.05)
Excursion = 1185
Answer:
B) performing stage of group development.
Explanation:
The stages in group development are
- forming.
- storming.
- norming.
- performing.
- adjourning.
In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.
In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.
In the norming stage, members agree on operating procedures and seek to work together.
In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.
In the adjourning stage, once their work is done, group is disband.