1) --
2) --
3) 175,900 / 12.5% = 1,407,200 CHOICE B.
4) SUPPLIES
5) PURCHASES
6) 5,000 + 21,800 - 790 - 5,100 = 20,910 CHOICE D.
7) D. 50%
8) C. UNITS OF PRODUCTION
9) B. INCOME STATEMENT
10) A.) 6,480
11) D.) MULTIPLIED BY BOOK VALUE AT THE BEGINNING OF THE YEAR.
I believe its B
i hope this helps :)
The first step to calculate the APR is to calculate the interest rate per $100
Here Interest rate = 11%
Term or time of repayment = 18 months
interest per $100 =
$100 × 11% ×
= $16.50
Now we should calculate the interest part for $3400 for 18 months
×
= $31.12
So $ 31.17 is the interest part of the repayment amount
Now lets calculate the principal part which would be $ 3400 divided equally for 18 months
Now to find the final payment we add the interest and the principal part
$31.17+$188.89 = $220.06
Hence option D is the right answer