Answer:
1.$62,748
2. $31,752
Explanation:
The computation of End of fiscal year and current fiscal year is given below:-
End of fiscal year = Borrowed amount × Interest rate × one month ÷ Total number of months
= $630,000 × 12% × 1 ÷ 12
= $630,000 × 12% × 0.083
= $62,748
Current fiscal year = Paid back amount × Interest rate × Four month ÷ Total number of months
= $630,000 × 12% × 5 ÷ 12
= $630,000 × 12% × 0.42
= $31,752
So, we applied the above formula.
Answer:
B: Update the printer device router
Explanation:
Answer:
28%
Explanation:
let X = the percentage of ownership of Clor Confectionery
the investment account balance = $150,150 - X$20,500 + X75,650 = $165,550
$150,150 + X$55,150 = $165,550
X$55,150 = $15,400
X = $15,400 / $55,150 = 0.2792 = 27.92% ≈ 28%
Answer:
$90,400
Explanation:
Mondale Winery depreciates it's equipment by making use of the group method.
The cost of equipment that was purchased in 2021 totaled $565,000
The residual value of the equipment was $54,000
The group depreciation rate is 16%
= 16/100
= 0.16
Therefore, the annual depreciation can be calculated as follows
Annual depreciation= Cost of equipment × Group depreciation rate
= $565,000×0.16
= $90,400
Hence the annual depreciation for the group is $90,400
Consumer decision making is a process that has 5 steps. The first step is the consumer recognition of the need they need to satisfy. It is termed as the basic step since one cannot look for money to satisfy a need that they have not first recognized.
