Answer: $403,221.67
Explanation:
Interest revenue in 2022 = Value of Lease payments in 2022 * Interest rate
Value of lease payments after first payment :
= 5,001,197 - 700,000
= $4,301,197
Value of lease payments after second payment in 2022:
= Value of lease payment after first payment + Interest revenue - lease payment
= 4,310,197 + (4,310,197 * 10%) - 700,000
= $4,032,216.70
Interest revenue in 2022 = 4,032,216.70 * 10%
= $403,221.67
Answer:
Organizing function
Explanation:
The organizing function of management involves the manager to put resources together that will ensure the achievement of the goals and objectives set in the planning stage. The manager combines the human, physical and financial resources of the organization to ensure that its goals and objectives of the organisation is achieve.
Answer:
C. $77,000
Explanation:
Calculation for the amount of liabilities
Using this formula
Amount of liabilities=(Cash+Account receivable +Equipment) -Equity
Let plug in the formula
Amount of liabilities=($39,000+$45,000+$80,000)-$87,000
Amount of liabilities=$164,000-$87,000
Amount of liabilities=$77,000
Therefore the Amount of liabilities will be $77,000
The answer to your question is junk bond