85% is the right answer because I said so...
Answer: $120,000
Explanation:
Purchase Price for 80%) $1,600,000 - (FV $1,850,000 × .80 = $1,480,000) = $120,000
Answer:
Mortgage Payable Table is prepared in an MS Excel file which is attached with this answer, please find it
Explanation:
The loan which is received by a person for purchase of real estate property or alternatively existing property owner to raise fund from the property. The mortgage are paid with interest over a specific period of time in installment of monthly quarterly semiannually or yearly.
Installment includes both principal payment and Interest Payment.
In this question The first payment on December 31, 2018 included
Total Payment = $37,092
Interest Payment = 385,000 x 5% = $19,250
Principal Payment = $37,092 - $19,250 = $17,842
Answer:
The correct answer is letter "C": 15-20.
Explanation:
Different researches have helped businesses concluded that around <em>15% to 20%</em> of them lose their customers year after year. From them, almost 60% goes to the business's competitor and the other 40% substitute the good or service in reference. The main reason why individuals break up their relationship with companies is because of the treatment they received while others are dissatisfied with the good or service.
So, <em>customer service is a key feature at the moment of determining clients' loyalty to the firm.</em>
<h3>Some features of such itinerant retailers are:</h3>
- The scale of operations is small. ...
- The capital is also limited in the case of itinerant retailers.
- They usually deal in day to day products and perishable items of daily use like fruits, vegetables, milk, toiletries etc.