Given the above stated information, the the correction options is C. Three year loan costs less than 4 year loan.
<h3>What is a the calculations justifying the above answer?</h3>
The computation is executed using excel. Here is the explanation for same:
- There are two loan choices available. We must calculate the total payments for both alternatives and choose the one with the lowest cost.
- The first option is to pay $193.60 per month with 10% interest for 3 years.
- The second option is to pay $158 per month for four years at 12% interest.
- Total cost for option 1 is $969.60.
- Total cost for option 2 is $1584.00.
Hence from
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Full Question:
Please see the attached image
Answer:
C. $410,000
Explanation:
Administrative and general expenses in Lee's multiple - step income statement is $410,000
i.e the Legal and audit fees $170,000 and Rent for office space $240,000 which will amount to $410,000
Note: General and Administrative expenses are incurred in the day-to-day operations of a business and are not tied to a specific function or department within the organisation.
As a seller we would receive $1,041.25
<u>Solution:</u>
You may receive the bid price of the dealer, 
of $1,000, or $1,041.25
Prices of treasury bonds are expressed as par value amounts.
The quote price of 104:25 means that the bond is priced at 
of the par value.
Therefore, if the debt is $1,000, the dollar values to be charged by the borrower should be 
Answer:
A-month
Explanation:
by revising it monthly, it is the most up to date and can be consistently helpful to you as well as organized.
