Answer:
a responsibility center that incurs costs and generates revenues.
Explanation:
We know that
The profit = Sales revenue - cost
After selling the product and incurred expenses, the amount which is left is shown as a profit. The remaining amount is termed as a profit that a firm has earned during a particular year.
It is the responsibility center at which we know about the total cost incurred and total revenues earned so that it becomes easy to compute how much the firm has earned the profit in a year.
The present value of these cash flows is reduced by rising interest rates. as soon as interest rates rise.
National 30-Year Mortgage Rate Trends Today
For homeowners looking to refinance, today's national average 30-Year Fixed Refinancing Rate is 5.40%, which is It's up two basis points. Last time corresponds to the week. On Monday, August 8, 2022, the national average effective interest rate for 30-year fixed rate mortgages is 5.610%.
Mortgage interest rates are constantly changing. Therefore, a good mortgage rate can vary greatly from day to day. Currently, suitable mortgage rates for 15-year term loans are low in the high 3% or 4% range, while suitable interest rates for 30-year mortgages are generally in the high 4% or low range. . 5% range.
Mortgage interest rates are currently around 5.5% and are expected to rise to 5.5% to 6% by the end of 2022. %
Learn more about interest rate at
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Answer:
Amount $55,386.92
Explanation:
We solve for the outstanding amount after July 1998 payment and then future value until Jan 1st 2005:
Beginning Payment Interest Carrying value
1995 40000 4000 44000
1996 44000 -5000 3900 42900
1997 42900 -5000 4290 42190
1998 42190 -5000 2109.5 39299.5
1998 39299.5 -10000 1964.975 31264.475
Now, we calculate the future value from Jan 1999 to Jan 2005:
Principal 31,264.48
time 6.00
rate 0.10000
Amount 55,386.92
Answer:
The correct answer is: marketing expenses.
Explanation:
To begin with, the marketing expenses are those that the company must make in order to obtain a marketing program done such as publicity campaigns. Moreover, this type of expenses include every payment that the company would consider as marketing investment that can improve the development of the organization an its sales to the target audience, therefore that both the materials and the salaries whose goal is to create a marketing campaign will be consider and classified as marketing expenses.
Answer: Year 2 depreciation= $16,000
Correct answer is not among the options
Explanation:
Using the straight line depreciation method we have that
Annual Depreciation = Purchase cost - Salvage value/ useful life
=$80000-$16000 / 4
$64,000/ 4
= $16,000
If Annual depreciation= $16,000 , then Deprecation expense for year 2 = $16,000
