Answer:
$7337.65.
Explanation:
Loan is what someone in need of financial aid for the purpose of investment or other things collect or take money from banks, friends, family or relatives with the intent of returning it back(probably with interest too).
From the question, we are given the following information: the total loan amount on an office building = $1 million = 1,000,000 at a 10% interest (accrual) rate '' with payments calculated using an 8% pay rate and a 30-year loan term".
Hence, if we are to do this on Excel, we will just just use the - PMT of 8% divided by 12 = (0.00666666667) , the number of payment = 360 and the total loan amount which is going the give us the value of $7337.65.
Economists suppose that there are various
buyers and sellers in the marketplace which means that competition is
everywhere in the market which in turn allowed price to change in reaction to
changes in supply and demand. In Economics, there are some market structures that
describes how each structure compete in a different competitive situation.
Monopoly is one. Monopoly is one of
the market structures whereby there is one producer or seller which means, the
industry is the single business. This market structure prohibits others from
joining the market when a company has a patent or copyright.
Oligopoly is another market
structure where there are chosen few firms that make up an industry. Both market
structures have high barrier entries where competing markets for share are
interdependent as the consequence of market forces.
Answer:
Unrestricted international trade generally increases the overall prosperity of poor countries.
Explanation:
According to my research on free trade agreements, I can say that based on the information provided within the question usually free trade or Unrestricted international trade generally increases the overall prosperity of poor countries. This is because it removes import and export barriers and allows for new markets to develop and an inflow of cash to come into the country. This is why free trade agreements were created even though it sometimes has an opposite effect like bad working conditions, job loss, and economic decline for some countries but these are very situational effects.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
a. Inventory Turnover = 5.299 times or 5.30 times
b. Days in Inventory = 69 days
Explanation:
a)
To calculate the inventory turnover, we first need to find out the avergae inventory. The average inventory is calculated by adding the opening and the closing inventory and dividing the sum by 2.
- Average Inventory = (35750 + 63500) / 2 = $49625
The inventory turnover is,
- Inventory Turnover = Cost of Sales / Average Inventory
- Inventory Turnover = 263000 / 49625 = 5.299 times or 5.3 times
b)
Days in inventory is the period for which, on average, the inventory is kept and sold completely.
We can calculate days in inventory simply by dividing the number of days for which we are calculating the ratio for, say in this case one years or 365 days by the inventory turnover ratio we calculated.
Days in inventory = 365 / 5.30 = 68.8679 or 69 days
