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4 years ago

Loan Term Interest Rate Monthly Payment

1 answer:

8 0

The answer to the question above is 36 months. If Markel will buy an new car and needs to keep his payments under $250.00 per month and knowing that he would like to pay it off as quickly as possible to start saving up for his vacation then the best answer ill be 36 months with the $239.63 monthly he'll be able to pay his new car.

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Imagine that an exchange student from China visits your class. While your teacher discusses how the United States has a limited

Marrrta [24]

The point best highlights about the US government limited power is that limited government protects individual freedoms. Thus the option (C) is correct.

<h3>What is Government?</h3>

Government refers to the group of individual governing the nation. The main role of the government is the protect of its territory from the outsiders. It functions in various sectors such as health, education, defense, infrastructure etc.

As per the above scenario, a Chinese students asks his teacher that why the American government has the limited power the best reason for the limited power is government protects the individual freedom by diving the power into many hands.

With the distribution of the power in the different branches has led to the enjoy the individual freedom. Thus the option (C) is correct.

Learn more about Government here:

brainly.com/question/4160287

#SPJ1

8 0

2 years ago

Fernwood Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is

blsea [12.9K]

Answer:

a. $61,500

Explanation:

Calculation for the amount of cash paid for

dividends

Using this formula

Dividend amount=Cash dividends payable at the beginning of the year +Dividend declared during the period - Cash dividends payable at the end of the year

Let plug in the formula

Dividend amount =$30,250+$68,750-$37,500

Dividend amount =$61,500

Therefore the amount of cash paid for

dividends will be $61,500

4 0

4 years ago

Your elderly grandma tells you: "I haven't been taking my beloved walks because I'm concerned about falling and getting hurt. Se

DENIUS [597]

Answer:

opportunity cost, the elderly woman is alsotaking a cost by not doing nothing as it renounce to doing the walks to obtain safety at home.

Under economics concepts everything has at least one opportunity cost associated with it.

Explanation:

The opportunity cost represent the best alternative we renounce for the given course of action or use of the resources.

In this case not going to walk has the cost walking.

4 0

4 years ago

Wang Company accumulates the following adjustment data at December 31. For each item, indicate the (1) type of adjustment (prepa

Naddik [55]

Answer and Explanation:

The type of adjustment and the status of accounts before the adjustment is shown below:-

Type of adjustment Accounts before adjustment

(a) Accrued revenues Assets understated

Revenues understated

(b) Prepaid expenses Assets overstated

Expenses understated

Liabilities overstated

(d) Unearned revenues Revenues understated

Liabilities overstated

(e) Accrued expenses Expenses understated

Liabilities understated

(f) Prepaid expenses Assets overstated

Expenses understated

8 0

3 years ago

Based on the following information, calculate the cost of goods sold and ending inventory using FIFO, LIFO, and weighted average

Flauer [41]

Answer:

Cost of Sales :

FIFO = $ 6,030

LIFO = $6,840

Weighted Average = $6,354.60

Ending Inventory :

FIFO = $4,176

LIFO = $3,150

Weighted Average = $3,636.60

Explanation:

FIFO

This method assumes that the first inventory purchased will be the first to be sold

<em>Cost of Goods Sold :</em>

90 units × $11 = $990

150 units × $15 = $2,250

30 units × $18 = $540

Total = $ 6,030

<em>Ending Inventory :</em>

232 units × $18 = $4,176

LIFO

This method assumes that the last inventory purchased, will be the last to be sold

<em>Cost of Sales :</em>

240 units × $15 = $3,600

180 units × $18 = $3,240

Total = $6,840

<em>Ending Inventory :</em>

90 units × $11 = $ 990

60 units × $15 = $ 900

70 units × $18 = $ 1,260

Total = $3,150

Weighted Average

A new average cost per unit is calculated with every purchase made.

New Average Cost = (90 units × $11 + 300 units × $15) ÷ 390 units

= $14.08

Cost of Sale , April 4 = 240 units × $14.08

= $3,379.20

New Average Cost = (150 units × $14.08 + 250 units × $18.00) ÷ 400 units

= $16.53

Cost of Sale, Aug 16 = 180 units × $16.53

= $2,975.40

Total Cost of Sales = $3,379.20 + $2,975.40

= $6,354.60

Ending Inventory = 220 units × $16.53

= $3,636.60

8 0

3 years ago