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zhannawk [14.2K]
3 years ago
11

Which subjects does the Aspire test assess?

Business
1 answer:
Nikolay [14]3 years ago
7 0

Answer:

five subject areas: English, mathematics, reading, science, and writing

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Use the relationship between an initial change in spending and the final change in real GDP to answer these questions about the
arsen [322]

Answer:

Detailed solution is given below:

7 0
3 years ago
Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
Andrej [43]

Answer:

C) Operating, $12,000; financing $6,000.

Explanation:

Interests expenses do no change the notes payable or bond, but results in the reduction of the cash flow of a company. Therefore, the interests paid on both short terms notes payable and interest on long-term bonds will appear under the operating activities section of the cash flow statement.

Dividend appears under the financing activities section of the cash flow statement.

For this question, we therefore have:

Cash outflows from operating activities = Interest on short-term notes payable + Interest on long-term bonds = $2,000 + $10,000 = $12,000

Cash outflows from financing activities = Dividends on common stock = $6,000

Therefore, the correct option is C) Operating, $12,000; financing $6,000.

4 0
3 years ago
You need a loan of ​$140,000 to buy a home. Calculate your monthly payments and total closing costs for each choice below. Bri
nadezda [96]

Answer:

  • Monthly Payment for Choice 1=$665.16
  • Monthly Payment for Choice 2=$627.10
  • Total Closing Cost for Choice 1=$241557.60
  • Total Closing Cost for Choice 2=$233456
  • (A)Choice 1 be the better choice the monthly payment is higher.
  • (D)Choice 2 be the better choice because the monthly payment is lower.

Explanation:

Amount of Loan needed = $140,000

  • A point is an optional fee which helps you get a lower interest rate on your loan.
  • Closing costs are the fees you pay when obtaining your loan.

<u>Choice 1</u>

30-year fixed rate at 4% with closing costs of $2100 and no points.

Monthly Payment

P=$140,000

Monthly Rate=4% ÷ 12=0.04 ÷ 12=0.0033

n=12 X 30 =360

=\dfrac{Pr(1+r)^n}{(1+r)^n-1}

=\dfrac{140000X0.0033(1+0.0033)^{360}}{(1+0.0033)^{360}-1}\\=\dfrac{462(1.0033)^{360}}{(1.0033)^{360}-1}\\=\$665.16

Monthly Payment=$665.16

Total Closing Cost =(665.16 X 360)+2100=$241557.60

<u>Choice 2</u>

30-year fixed rate at 3.5% with closing costs of $2100 and 4 points.

Monthly Payment

P=$140,000

Monthly Rate=3.5% ÷ 12=0.035 ÷ 12=0.0029

n=12 X 30 =360

=\dfrac{Pr(1+r)^n}{(1+r)^n-1}

=\dfrac{140000X0.0029(1+0.0029)^{360}}{(1+0.0029)^{360}-1}\\=\dfrac{406(1.0029)^{360}}{(1.0029)^{360}-1}\\=\$627.10

Monthly Payment=$627.10

Total Closing Cost =(627.10 X 360)+2100+(4% of 140000)=$233456

4 0
3 years ago
Researchers have raised questions absout poll results concerning support for penalty, the death such support is not absolute but
vovikov84 [41]

Answer:

a. the alternative punishments that are available  

Explanation:

Alternative punishments generally tend to change the support patterns with more softline polling members opting for alternative punishments rather than death penalty.

8 0
3 years ago
Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing an
Irina18 [472]

Answer:

the artist should make the elegant version since the expected profits are higher

Explanation:

elegant version:

expected revenue = (400 x $150 x 40%) + (350 x $110 x 60%) = $47,100

expected profits = $47,100 - $30,000 = <u>$17,100</u>

deluxe version:

expected revenue = (500 x $110 x 40%) + (450 x $70 x 60%) = $47,100

expected profits = $42,250 - $30,000 = $12,250

5 0
3 years ago
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