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notka56 [123]
2 years ago
7

8. When a loan is amortized, a relatively high percentage of the payment goes to reduce the outstanding principal in the early y

ears, and the principal repayment's percentage declines in the loan's later years. a. True b. False
Business
1 answer:
Ludmilka [50]2 years ago
3 0

Answer:

False

Explanation:

Amortization an act of spreading a loan into a series of fixed payments over time. An amortized loan is a loan with scheduled periodic payments of both the principal and interest. It first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.

Payments are made in regular installments of constant amount that consists of both principal and interest.

Common examples of amortized loans include student loans, car loans and home mortgages.

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At the beginning of this month, the balance of Cody's checking account was $125.26. So far this month, he has received a paychec
ddd [48]
The answer is going to be d
5 0
3 years ago
Read 2 more answers
Indicate how each of the following transactions affects U.S. exports, imports, and net exports.
Oxana [17]

Answer:

 export               import                net export  

1. increases         unchanged         increases

2. unchanged       increases             decreases

3.  unchanged       increases             decreases

4. unchanged       increases             decreases

5. increases         unchanged         increases

Explanation:

export would comprise of goods and services produced in the US that are been sold to foreign countries

Import would comprise of foreign produced goods and services that are been sold in the US

Net export would increase when export occurs and decrease when import occurs

Net export = exports – imports

When the French historian visits the US museum and the European family visits Disney,  they are enjoying US services, thus export increases and net export increases

The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export

7 0
2 years ago
Altoona Corporation has two divisions, Hinges and Doors, which are both organized as profit centers. The Hinge Division produces
Luden [163]

Answer:

Minimum transfer price = $21

Explanation:

<em>Transfer price is the price at which goods are exchange between branches or divisions of the same group</em>

<em>Where  a division is operating at the less than the existing capacity, to optimist the group profit, the minimum transfer price should be set as follows</em>

Minimum transfer price = Variable cost

Note that the fixed of $12 per unit (i.e 33-21) is irrelevant for this purpose, whether or not Hinges produces, it will be incurred either way.

It is worthy of note that there is no opportunity cost associated with any transfer to the Doors division because Hinges is currently having excess capacity.

Therefore, any offering price equal to or above the variable cost of $21 would be acceptable and optimize the group profit.

Hence, the minimum transfer price = $21

3 0
3 years ago
_____ requires coordination among government departments and agencies, as well as cooperation toward common objectives across co
o-na [289]

"Unity of effort" requires coordination among government departments and agencies, as well as cooperation toward common objectives across commands.

<u>Answer:</u> Option C

<u>Explanation:</u>

At the national level the unity of effort is basically a cooperative effort involving a number of departments and agencies of the United States Government. "Unity of effort" is about teamwork and collaboration directed towards common goals although participants do not generally form part of the same command or organisation that is the result of effective unified action.

The aim of promoting cohesion of action is to generate a ellaborative consensus approach while applying national power instruments towards common goals. The unity of  effort is a continuous process which demand constant effort to sustain inter-organizational  relationships.

3 0
3 years ago
Tasty Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the comput
Kay [80]

Answer:

0.95 and 1.06

Explanation:

The computation of the present value index is shown below:

Present value index = Present Value of net cash Flow ÷ Amount invested

So for each projects, it would be

Particulars                                         Des Moines             Cedar Rapids

Total present value of

net cash flow (A)                                  $712,500                $848,000

Amount invested (B)                            $750,000              $800,000

Present value index (A ÷ B)                   0.95                          1.06

4 0
3 years ago
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