I had to look for the options and here is my answer:
What Mcdonald's should do in order to know whether to serve breakfast all day based on economics perspective is firstly, conduct surveys to the customers in order to have a basis on what the customers would think and feel about this new change. And then there should also be a pilot-testing too.
Answer: $102,500 gain recognized and a basis in the land of $520000
Explanation:
From the information given in the question, we can infer that the amount of gain that Red Blossom recognize in the exchange will be:
= Fair market value of land - Corporation's basis in the Tea Company stock
= $520,000 - $417,500
= $102500
We should also note that the land basis will be $520000 which is the fair market value of the land.
Answer:
I would think that photography would be the answer but I am not 100% sure
Explanation:
Answer:
a) Total Interest Paid in 24 months is $1680
b) Total Cost of the car is $12180
c) Monthly Payment is $420
d) Annual Percentage Rate is 10.47%
Explanation:
(a) Loan Amount = $8400
Interest Rate = 10%
Monthly Interest = 8400 x (10%/12)
= $70
Total Interest Paid in 24 months = 24 x 70
= $1680
(b) Total Cost of the car = Loan Amount + Interest Paid + Down payment
= 8400 + 1680 + 2100
= $12180
(c) Monthly Principal Payment = 8400/24
= $350
Monthly Payment = Monthly Interest Payment + Monthly Principal Payment
= 70 + 35
= $420
(d) Annual Percentage Rate = (1+ 0.10/12)12 - 1
= 0.1047
= 10.47%