Answer:
The years of repayment is 7.96 years
Explanation:
The number of years of the loan repayment can be computed using nper formula in excel.
=nper(rate,-pmt,pv,fv)
rate is the monthly interest rate which is 6.6%/12=0.0055
pmt is the amount of monthly repayment which is $2,400
pv is the amount of the finance package received which is $178,000
fv is the total amount of repayment which is unknown hence taken as zero
=nper(0.0055
,-2400,178000,0)= 95.55 months
= 95.55 /12 months=7.96 years
Answer:
Chapter 1 introduces the study of accounting. Accounting is defined as a set of concepts and techniques that are used to measure and report financial information about an economic entity. Accounting consists of both external reporting issues known as “financial accounting,” and internal reporting issues related to “managerial accounting.”
Explanation:
Answer:
7.20%
Explanation:
In this question, we are to calculate the required return.
From the question we identify the following;
Next dividend = $6.55
required return = ?
Share price = $91
Mathematically;
share price = Dividend/Rate of return
Hence;
Rate of return = Dividend/share price = 6.55/91
Rate of return = 0.071978021978022
= 7.20%
<u>Political risk</u> is the chance that political forces may change a country's business environment in ways that lead investors to lose some or all of the value of their investment or be forced to accept a lower-than-projected rate of return.
<u>Explanation:</u>
A form of threat posed by shareholders, companies, and authorities that political actions, incidents, or circumstances will impact a business actor's productivity, or the anticipated value of a defined economic activity dramatically is understood as a political risk.This can also handle the diplomatic danger by seeking to show to the host nation that it could not survive without the company's operations. It can be achieved by attempting to monitor raw materials, infrastructure and the channels of distribution in the host nation.
Answer:
$92,400
Explanation:
Balance of the credit column on Chaco’s trial balance.
The Total credit column balance will be:
Accounts payable $25,200
Common Stock $21,200
Notes payable $46,000
We are going to add them up
Hence:
Total credit balance =
$25,200 + $21,200 + $46,000
Total credit balance = $92,400
