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liberstina [14]
2 years ago
7

Prepare an amortization schedule for a three-year loan of $114,000. The interest rate is 11 percent per year, and the loan calls

for equal annual payments. How much total interest is paid over the life of the loan?
Business
1 answer:
grin007 [14]2 years ago
4 0

Answer:

$1254.000 loan

Explanation:

hope help keep learning

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The Securities Act of 1933 does not apply to the issuance of securities under $5 million. Question 4 options: True False
kogti [31]

Answer:

False

Explanation:

The Securities Act of 1933 requires the registration of all the securities issued and sold ob public markets. This act had some exemptions:

  1. private offerings (if the securities were offered to a certain group of persons and/or institutions)
  2. offerings of a limited size: a very small issuance would be excluded, but remember that $5 million of 1933 are equivalent to more than $98 million today (average annual inflation of 3.48%)
  3. securities issued by government entities
  4. securities issued on intrastate offerings (only traded within a given state)

3 0
2 years ago
A company reported total equity of $145,000 at the beginning of the year. The company reported $210,000 in revenues and $165,000
Allushta [10]

Answer:

e. $ 282,000

Explanation:

To determine the assets of the company at year end, we need to find the equity at year end, this is calculated as follows:

Opening Equity                                                      $ 145,000

Net Income for the year                                        $ 45,000

Revenues     $ 210,000

Expenses     $ 165,000

Equity at end of year                                            $  190,000

The accounting equation is

Assets = Liabilities + Stockholders' Equity

Assets = $ 92,000 + $ 190,000                           $ 282,000

4 0
3 years ago
When the price of a movie ticket rises from $6 to $8 for senior citizens, Gary (a senior citizen) decides to go to the movies ev
Aleonysh [2.5K]

Answer:

2.33 ; demand for movies is elastic

Explanation:

The computation of the price elasticity of demand is presented below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 30 - 15

= 15

And, an average of quantity demanded is

= (30 + 15) ÷ 2

= 22.50

Change in price would be

= P2 - P1

= $8 - $6

= $2

And, the average of price is

= ($8 + $6) ÷ 2

= 7

So, after solving this, the price elasticity of demand is 2.33

Since it is not given by which method we have to calculate it. So, we use the mid point formula.

Based on the above calculation, we concluded that the demand for movies is elastic

7 0
3 years ago
In an attempt to minimize agency problems in a company (potential conflict of interest between the company's managers and shareh
Galina-37 [17]
I’m not going to be able to get my homework homework but I’m not gonna be going back home to school tomorrow I have homework to sleep but I have to sleep in my bath green green park at my bath bath hall hall in bath green green park at queen
4 0
3 years ago
On 6/25, supplies costing $1,000 were purchased, but only $400 of this amount was paid on 6/25. The remainder of the bill went o
galina1969 [7]

Answer:

Supplies would be increased by $1,000

Cash would be decreased by $400

Accounts Payable would be increased by $600

Explanation:

Given that

Supplies costing = $1,000

Out of which $400 is paid by cash

And, the remaining amount i.e

= $1,000 - $400

= $600

This remaining amount would be on account i.e account payable

Since cash is paid so it decreased by $400 and supplies is purchased for $1,000 that means supplies increases by $1,000 and account payable is also increased  by $600

6 0
2 years ago
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