1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bazaltina [42]
3 years ago
6

Please hurry!

Business
1 answer:
Talja [164]3 years ago
8 0

Answer:

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.

Explanation:

You might be interested in
A 30-year $185,000 amortized mortgage loan has a fixed interest rate of 4.375% and fixed monthly payments. The monthly payment i
dangina [55]

Answer:

$177,114.99

Explanation:

The ending balance of the loan at the end of the 30th month after the monthly payment is the beginning balance at the beginning of the month plus the interest for the month minus the monthly payment.

Note that the interest expense for the month increases the loan balance while the monthly payment reduces the balance.

interest expense for 30th month=beginning balance*fixed interest rate/2

interest expense for 30th month=$177,391.93*4.375%/12

interest expense for 30th month=$646.74

monthly payment =$923.68

The ending balance of the loan=$177,391.93+$646.74-$923.68

The ending balance of the loan=$177,114.99

7 0
3 years ago
When Moon Star Products Inc. planned to start its operations in United Cadvia, an emerging nation, it realized that it will have
lorasvet [3.4K]

Answer:

a. Equity alliance

Explanation:

Equity alliance -

It is the process , in which one of the company take the equity stake of the other company and vice versa , is referred to as equity alliance .

Due to this ,  the company becomes shareholder and stakeholder of each other .

The share acquired is the minor one , so that the company still have the power of decision making .

Hence , same case is shown in the question ,where the Moon Star Products Inc.buys the 40 % of the stock of Gold Logistics .

8 0
3 years ago
A firm will experience a loss when its revenue is less than its expenses
tatiyna
The answer for this question is True
5 0
3 years ago
In May of 2021, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2021, the environm
Naily [24]

Answer:

$914,000

Explanation:

Based on the information given we were told that Raymond accepted an EPA which is fully known as Environmental Protection Agency settlement offer of the amount of $914,000 which means that the amount that Raymond should have reported as the ACCRUED LIABILITY on its December 31, 2021, balance sheet should have been EPA settlement offer of the amount of $914,000.

5 0
3 years ago
Bernard is a trainee accountant. His manager asked him to record a loss on the sale of machinery in the business’s temporary acc
Agata [3.3K]

Answer:

Gain and loss accounts

Explanation:

Gain and loss accounts are a form of temporary accounts that are utilized to gather combined sales and purchases that has an effect on the profit or loss of business activities over a given period, which is typically in a year. For example, the loss on property sold account.

Hence, in this situation, the correct answer to the question is known to be a GAIN and LOSS ACCOUNT.

6 0
3 years ago
Other questions:
  • A detailed list of questions submitted to external vendors to determine how well they meet the organization's specific requireme
    12·1 answer
  • A company borrows 100,000 today at 12% nominal annual interest. the monthly payment of a 5 year loan is most nearly:
    8·1 answer
  • Currently Ark is charged $3,144,267 Depreciation on the Income Statement of Andrews. Andrews is planning for an increase in this
    13·1 answer
  • Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
    13·1 answer
  • Susan was conducting a group discussion in her organization. She found that the sales people and the production team had differe
    9·1 answer
  • The following credit sales are budgeted by Terra Co.: January $204,000 February 300,000 March 420,000 April 360,000The company's
    13·1 answer
  • . Suppose, the world’s average (mean) GDP per capita is $9,133 in 2014. If there are roughly 6 billion people in the world, then
    7·1 answer
  • The slope of the budget constraint A. measures the rate at which the consumer can trade one good for another. B. equals the rela
    8·1 answer
  • Joan has the following assets and liabilities: Credit card balance $1,000 Cash $200 Government bonds $3,000 Checking $300 Car lo
    15·1 answer
  • identify each point as supporting either matthew desmond’s contention that eviction can cause poverty or the alternative argumen
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!