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Natali [406]
3 years ago
5

Best's fried chicken just took out an interest-only loan of $50,000 for three years with an interest rate of 8.15 percent. payme

nts are to be made at the end of each year. what is the amount of the payment that will be due at the end of year 3?
Business
1 answer:
Phantasy [73]3 years ago
7 0

An interest only loan means that the monthly payments only cover the amount of interest owed each month and DOES NOT pay down any principal. At the end of year 3, they would owe the entire loan principal amount, 50,000

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ada inc. stopped its production of oral care goods after determining apparel production to be its new primary objective. this is
ale4655 [162]

Ada Inc. stopped its production of oral care goods after determining apparel production to be its new primary objective, which is a direct result of the <u>c. </u><u>strategic planning process</u> at Ada Inc.

<h3>What is the role of strategic planning?</h3>

Strategic planning provides long-term direction to an organization's decision-makers.

Strategy planning helps the organization's leaders define their vision for the future and to marry their organization's goals and objectives with available and future resources.

The elements captured in strategy planning include the organization's vision, mission, SWOT analysis, core values, goals, objectives, and action plans.

Strategy planning remains a mere planning process until the formulated strategies go through these stages: formulation, implementation, successful outcomes, and evaluation.

Thus, at Ada Inc., there is an ongoing strategic planning process.

Learn more about the strategic planning process at brainly.com/question/17924318

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a. tactical

b. research

c. strategic

d. economic

4 0
2 years ago
Concord Corporation owned 16000 shares of Ivanhoe Corporation. These shares were purchased in 2017 for $130000. On November 15,
mafiozo [28]

Answer:

  • Gain = $271,310
  • Net reduction in retained earnings = $‭105,690‬

Explanation:

Gain = (Ivanhoe market price - Purchase price) * Number of shares issued as property dividend

Purchase price = 130,000 / 16,000

= $8.13

Number of shares issued as property dividend = 130,000 shares of Concord / 10

= 13,000 Ivanhoe shares

Gain = (29 - 8.13) * 13,000

= $‭271,310‬

Net reduction in retained earnings:

= Dividends payable - Gain

= (13,000 * 29) - ‭271,310‬

= $‭105,690‬

4 0
3 years ago
Later, the teaching assistant in Bob's chemistry course gives him some advice. "Based on past experience," the teaching assistan
77julia77 [94]

Answer:

1 hour working on problems, 3 hours reading

Explanation:

the question is not complete:

Bob is a hard-working college freshman. One Tuesday, he decides to work nonstop until he has answered 200 practice problems for his chemistry course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem.

Time                   Total Problems Answered       Marginal gain

8:00 AM                         0    

9:00 AM                        80                                        80

10:00 AM                     140                                        60

11:00 AM                      180                                        40

Noon                          200                                        20

Since Bob's is able to answer more than 70 questions per hours only during one hour (from 8 to 9 AM), he can benefit more from reading the next 3 hours. Reading would be equivalent to answering 210 questions, while Bob was only able to answer 120 more questions in the following 3 hours.

6 0
3 years ago
How do i find the net income?
marishachu [46]

Answer:

Subtract all your expenses from your earnings which would be 750,000 - 200,000 -150,000 - 50000 = $350,000 net income

6 0
3 years ago
January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 30,000 of its common shares at $7 each. T
Anton [14]

Answer:

169,000

Explanation:

Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:

First step is to calculate the amount assumed to be exercised

Exercised amount= 30,000*$7 / $15avg

Exercised amount= 14,000

Second step is to calculate the Net

Net=30,000-14,000

Net= 16,000

Now let calculate The number of shares to be used in computing diluted earnings per share

Using this formula

Number of shares=Outstanding+Net

Let plug in the formula

Number of shares=153,000 +16,000

Number of shares= 169,000

*diluted eps=$28,000 /169,000

Therefore The number of shares to be used in computing diluted earnings per share for the quarter is: 169,000

8 0
3 years ago
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