Answer:
8983
Explanation:
Total Premium (934609-850000) 84609
Divide: Periods total 12
Premium amortized each period 7050.75
Interest expense for Nov21 (Two months)
Cash Interest payable (850000*8%*2/12) 11333.33
Less: Premium amortized (7050.75*2/6) 2350.25
Interest expense for year ending 30.11.21 8983.08
Total Premium (934609-850000) 84609
Divide: Periods total 12
Premium amortized each period 7050.75
Interest expense for Nov21 (Two months)
Cash Interest payable (850000*8%*2/12) 11333.33
Less: Premium amortized (7050.75*2/6) 2350.25
Interest expense for year ending 30.11.21 8983.08
Answer is $8983
Answer:
Economic models like the circular flow diagram are not physical models, but instead are diagrams or graphs or even mathematical equations that represent economic patterns or theories.
d) circular flow diagram
Explanation:
Economic models are a form of theoretical construct that consists of economic variables and quantities and the relationships between them. The relationship between the construct forms a basis for hypothesis for economic behavior. Economic models can be used to observe, understand and predict economic behavior. There are different economic models such as;
1. Specialization Model
This is a type of economic model where more attention is given to the production of specific goods and services for better efficiency in terms of time, cost and quality.
2. Financial capital market
This is a type of financial market that provides a platform for the buying and selling of capital in the form of long-term debt and securities. They basically act like a bridge between those who have capital and those who need the capital.
3. Financial investment market
This is also another type of financial market that provides a platform where financial assets and it's equivalent can be traded for the sake of investment. They include; stocks, bonds and assets.
4. Circular flow diagram
This is a type of visual representation that illustrates how money and commodities of trade move in an economy. It is a type of economic model that uses diagrams to represent economic patterns and theories.
Answer:
total contribution margin equals total fixed expenses
Explanation:
The BEP which is the break even point is the point where the company's sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable costs gives the contribution margin. The contribution margin less the fixed expense gives the net operating income (NOI). When the NOI is zero, the point or number of units is called the breakeven point.
Based on the information given Ralpha's approximate monthly lease payment is d. $443. 73.
Residual value=$32,000×72%
Residual value=$23,040
Depreciation=$32,000-$23,040
Depreciation=$8,960
Base monthly lease payment=$8,960/36
Base monthly lease payment=$248.89
Interest per month=($32,000+$23,040)×0.00354
Interest per month=$55,040×0.00354
Interest per month=$194.84
Monthly lease payment=$248.89+$194.84
Monthly lease payment=$443.73
Inconclusion Ralpha's approximate monthly lease payment is d. $443. 73.
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Answer:
Stakeholders
Explanation:
A business' policies and actions affect a variety of interests including,
- Shareholders, who own equity interests in the company,
- Suppliers and employees, who provide the inputs required for the company's operations,
- Clients and customers, who consume the output of the business,
- Government, who is paid taxes on the company's operations.
And so many more.
All categories of interests and people affected by a company are term stakeholders.