Based on the information given regarding the mortgage, the true statement will be that each of their payments is for the same amount.
A fully amortized payment simply means a payment where the individual makes every payment according to the schedule of the loan.
A fully amortized payment is a periodic repayment of a debt. Since Karen and Al obtained a 30-year fixed-rate fully amortized loan when they purchased their home, they'll pay the same amount monthly.
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If new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would decrease the demand of the soft-drink beverages.
Given that new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup.
We are required to find the effect of 50% tax on soft-drink beverages that contain sugar or high-fructose corn syrup.
When 50% tax is imposed on soft-drink beverages then it will increase the price of soft drink beverages, which will decrease the demand of soft drink beverages because now the drink become costly for the customers to buy.
Suppose the initial price of 1 soft drink is $100.
Now tax is applied so tax would be 100*50%=50
Price after tax=100+50
=$150
Now consumers have to pay $150 for 1 drink in place of $100.
Hence if new york city imposed a 50 percent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would decrease the demand of the soft-drink beverages.
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This would be D- an opportunity for True Taste to thrive in their community.
Answer:
The answer is Option D. 1.68 times
Explanation:
The formula for equity multiplier is:
Equity Multiplier = Total assets ÷ Total stockholder's equity
In 2017:
Total stockholder's equity = Common stock + Retained earnings
Total stockholder's equity = $2890 + $700 = $3590
Total assets = $6,015
Now, putting these values in the above formula, we get,
Equity multiplier = $6,015 ÷ $3,590 = 1.68 times
Answer:
$147,400
Explanation:
The computation of the cost of goods manufactured is shown below:
= Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory
= $56,400 + $30,100 + $52,400 + $29,000 - $20,500
= $147,400
We considered the applied manufacturing overhead cost instead of actual manufacturing cost
