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nikklg [1K]
3 years ago
11

Temple Corporation purchased a piece of real estate, paying $400,000 cash and financing $700,000 of the purchase price with a 10

-year, 15% installment note. The note calls for equal monthly payments that will result in the debt being completely repaid by the end of the tenth year. In this situation:
a. The aggregate amount of the monthly payments is $700,000.
b. Each monthly payment is greater than the amount of interest accruing each month.
c. The portion of each payment representing interest expense will increase over the 10-year period, since principal is being paid off, yet the payment amount does not decrease.
d. The portion of each monthly payment representing repayment of principal remains the same throughout the 10-year period.
Business
1 answer:
r-ruslan [8.4K]3 years ago
7 0

Answer:

b. Each monthly payment is greater than the amount of interest accruing each month.

Explanation:

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A researcher measures driving distance from college and weekly cost of gas for a group of commuting college students. What kind
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Answer:

The correct answer is: a positive correlation.

Explanation:

Correlation can say something about the relationship between variables. It is used to understand:

1. If the relationship is positive or negative

2. The strength of the relationship.

Correlation is a powerful tool that provides vital pieces of information.

In the case of family income and family spending, it is easy to see that both rise or fall together in the same direction. This is called a positive correlation.

In the case of price and demand, the change occurs in the opposite direction, so that the increase in one is accompanied by a decrease in the other. This is known as a negative correlation.

8 0
3 years ago
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In making single-asset real estate investment decisions, the first pass often involves calculating a series of returns, ratios,
Lostsunrise [7]

Answer:

C. They fail to incorporate cash flows beyond the first year of the analysis.

6 0
3 years ago
If​ eHermes' supplier of​ self-driving vehicle chassis is able to reduce costs by having better data on both finished goods inve
Allushta [10]

Answer:

Linkages

Explanation:

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3 years ago
A firm wishes to maintain an internal growth rate of 8 percent and a dividend payout ratio of 36 percent. The current profit mar
Anon25 [30]

Answer:

2.16 times

Explanation:

Given that,

Internal growth rate = 8 percent

Dividend payout ratio = 36 percent

Current profit margin = 5.8 percent

Therefore,

Internal Growth Rate = (1 - Dividend Payout Ratio) × ROA

8% = (1 - 36%) × ROA

0.08 = 0.64 × ROA

ROA = 0.08 ÷ 0.64

        = 0.125

ROA = Profit Margin × Total Asset Turnover

0.125 = 0.058 × Total Asset Turnover

Total Asset Turnover = 0.125 ÷ 0.058

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6 0
4 years ago
Some customers are __________, caring about new developments in their category and seeking out new products.
jeyben [28]

Answer:

Early adopters

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Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers

Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc

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3 years ago
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