Answer:
Total loss = 3,592.1053
Explanation:
Given:
Income from rent (For 45 days) = $9,000
Personal use = 12 days
Mortgage = $8,000
Property taxes = $2,000
Utilities = $1,200
Maintenance = $750
Depreciation = $4,000
Computation:
Total Allocated expenses = 45 days / 57 days [$8,000 + $2,000 + $1,200 + $750 + $4,000]
Total Allocated expenses = 45 / 57 [15,950]
Total Allocated expenses = $12,592.1053
Total loss = Total Allocated expenses - Income from rent
Total loss = $12,592.1053 - $9,000
Total loss = 3,592.1053
Answer:
FV= $1,259.71
Explanation:
Giving the following information:
Initial deposit (PV)= $1,000
Number of periods (n)= 3 biannual years
Interest rate (i)= 8% = 0.08
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,000*(1.08^3)
FV= $1,259.71
<span>Safety and self-actualization are examples of emotional appeals. An emotional appeal is a way of persuasion that has been used to receive an emotional response from people. In a court room, someone could try and win an argument with the judge or another person by using the emotional side of things to get a reaction from the opponent and/or audience. </span>
Answer:
$10,800
Explanation:
The computation of effect on the quantity factor is shown below:-
Actual variable cost = 18,000 × $5
= $90,000
Planned variable cost = 16,000 × $5.40
= $86,400
Total change in contribution margin = Actual variable cost - Planned variable cost
$90,000 - $86,400
= $3,600
Change in quantity = 18,000 - 16,000
= 2,000 units
Effect on the quantity factor = Change in quantity × Cost per unit
= 2,000 units × $5.40
= $10,800
Answer:
D. All of the above
Explanation:
Temporary investments are investments carried out by owners of funds that wants to earn interest from their excess funds that is only available for a short term. The owners of such fund prefer to earn little interest by investing in near cash or cash equivalent investment instead of leaving his fund in an interest-free condition. Example of temporary investment is certificate of deposit and some fixed deposits instrument available for the short term.
Temporary investments are reported as current assets in the balance sheet of a business.
