1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
3 years ago
11

1.2.35 Question Help Ralph Chase plans to sell a piece of property for ​$ 140000 140000. He wants the money to be paid off in tw

o ways minus −a ​short-term note at 11 11​% interest and a​ long-term note at 9 9​% interest. Find the amount of each note if the total annual interest paid is ​$ 14100 14100.
Business
1 answer:
VARVARA [1.3K]3 years ago
3 0

Answer:

a). The amount of the short-term loan=$128,181.82

b). The amount of the long-term loan=$156,666.67

Explanation:

The total annual interest to be paid can be expressed as;

I=PRT

where;

I=annual interest

P=principal amount of the note

T=number of years

a). For the short-term note's case;

I=$14,100

P=unknown

R=11%

T=1 year

replacing;

14,100=P×(11/100)×1

0.11 P=14,100

P=14,100/0.11

P=128,181.82

The amount of the short-term loan=$128,181.82

b). For the long-term note's case;

I=$14,100

P=unknown

R=9%

T=1 year

replacing;

14,100=P×(9/100)×1

14,100=P×0.09

0.09 P=14,100

P=14,100/0.09

P=156,666.67

The amount of the long-term note=$156,666.67

You might be interested in
esterday, Berryman Investments was selling for $50 per share. Today, the company completed a 7-for-2 stock split. If the total m
boyakko [2]

Answer:

The correct option is C, $14.29  

Explanation:

A 7-2 stock split means that 7 shares now have the value of 2 shares held previously.

This simply means that a stockholder who had 2 shares before the stock split now has 7 shares.

The price of the share after the stock split the value of 2 shares before stock split divided by 7 shares i.e   ($50*2)/7=$ 14.29  

The correct option from the multiple choices is $ 14.29  

4 0
3 years ago
a nurse teaches a client who is being discharge home. the client has a t-tube after an open cholecystectomy. which statement mad
DerKrebs [107]

Answer:

The statement made by the client that I need or require a diet which do not have a lot of fatty foods

Explanation:

After the cholecystectomy, the client or the patient need or require a diet which is nutritious and does not have the excess fat, otherwise a special or a particular diet is not stated for most of the clients.

Under this, the client require to have a good fluid intake, that is healthy for all the people though it is not related to the surgery.

And drinking fluids among the meals helps with the dumping syndrome and the restriction of the sweets is not necessary.

3 0
3 years ago
We all have our own reasons for investing. For some it may be to provide for a child’s education, while for others it may acquir
Ghella [55]

YOU CAN INVEST THINGS SUCH AS MONEY AND IT EXPANDS THE AMOUNT OF MONEY YOU HAVE. THIS MEANS THAT YOU CAN GET MORE MONEY AND HAVE MORE MONEY TO WASTE ON FUTURE PLANS.

6 0
2 years ago
Read 2 more answers
The Shoe Box is considering adding a new line of winter footwear to its product lineup. When analyzing the viability of this add
Sindrei [870]

Answer:

D)the research and development costs to produce the current winter footwear samples.

Explanation:

Research and development costs associated with the current winter footwear samples will not impact the performance of the proposed new line.

When analyzing the viability of the new product line up, the company should only consider the projected expenses and revenues arising from the project. A project is viable if its benefits outweigh its shortcomings. One way of establishing viability is by doing a cost-benefit analysis.

For the Shoe Box company, the new project line may have some effects on the sales of current products. The new projects will demand new counters. The company must also consider expected revenues and taxes. All these have elements of cost and benefits directly associated with the proposed product line.

7 0
3 years ago
(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transac
emmainna [20.7K]

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

7 0
2 years ago
Other questions:
  • If all other factors are equal, what will happen to the demand if the price of a product goes down? A. Demand will go up. B. Dem
    10·2 answers
  • You find a certain stock that had returns of 17 percent, -24 percent, 25 percent, and 8 percent for four of the last five years.
    8·1 answer
  • When a salesperson in the computer store asks a customer who is deliberating over a purchase, "Will that be cash or charge?" he
    6·2 answers
  • A highly liquid financial instrument with a maturity of 90 days would be traded in: the bond market. none of the above. the mone
    15·2 answers
  • Which of the following statements regarding fiscal policy are true according to the macroeconomic consensus in the United States
    7·1 answer
  • Amount 11,000 17 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense p
    12·1 answer
  • What are some of the drawbacks from 2007 to 2009 you have encountered in your research for this discussion, why companies showed
    8·1 answer
  • Explain how investing in training reflects two of the principles of Locke's goal setting theory...
    9·1 answer
  • River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow
    7·1 answer
  • Consider today’s stock listing for Enam Telecom, shown below. 52 wk High 52 wk Low Symbol Div. Close Net Change 122. 86 64. 77
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!