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borishaifa [10]
3 years ago
14

Assuming the market interest rate is 10% per annum, how much would Coronado Industries record as a note payable if the terms of

the loan with a bank are that it would have to make one $128000 payment in two years
Business
1 answer:
Kryger [21]3 years ago
7 0

Answer: $105,785

Explanation:

Coronado would need to record the note at the present value of $128,000 given a rate of 10% and a 2 year maturity.

= 128,000 / ( 1 + 10%)²

= 128,000/ 1.21

= 105,785.12

= $105,785

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Yuki888 [10]
Its important to conduct market research on your target audience before building your marketing plan because you need to consider who your potential customers are before deciding on marketing strategies. Customers enjoy sharing their opinions, so market research will make your product sell more.
4 0
3 years ago
Patriot Tools, a company that manufactures industrial tools, incurs higher costs because of its refusal to outsource its manufac
lina2011 [118]

Answer:

The options for this question are the following:

A) economic

B) legal

C) ethical

D) demographic

The correct answer is C) ethical .

Explanation:

Ethical responsibility is the fulfillment of implicit or explicit agreements with respect to what should be the appropriate and respectful conduct in a field or profession. Its purpose is to guarantee the correct performance of those responsible for the actions to be carried out and achieve the well-being of all those involved in said practice.

3 0
3 years ago
Leonardo, who is married but files separately, earns $90,000 of taxable income. He also has $8,750 in city of Tulsa bonds. His w
UkoKoshka [18]

Answer: 17.56%

Explanation:

Given that,

Leonardo taxable income = $90,000

Tulsa bonds = $8,750

Theresa taxable income = $50,000

Computation of Leonardo's Tax:

According to the tax rate schedule,

Total Tax = Tax + 24% of taxable income over $82,500

                = $14,089.50 + 24% × $7,500

                = $14,089.50 + $1,800

                = $15,889.5

Computation of Theresa's Tax:

According to the tax rate schedule,

Total Tax = Tax + 22% of taxable income over $38,700

                = $4453.50 + 22% × $11,300

                = $4453.50 + $2,486

                = $6939.5

Total tax on Leonardo's income and Theresa's income:

= $15,889.5 + $6939.5

= $22,829

Effective tax rate = \frac{Total\ Tax}{Total\ Taxable\ Income}\times100

                              = \frac{22,829}{130,000}\times100

                              = 17.56%

5 0
3 years ago
John invested $12,000 in the stock of Hyper Cyber. Eight years later, Hyper Cyber's shares reached $125,000, but John held onto
Nata [24]

Answer:

B. $12,000 is a sunk cost

Explanation:

By considering the given information, the cost that is correct is a sunk cost for $12,000

The sunk cost is the cost already incurred and will not be retrieved in the future. Plus, it's also termed a past cost.  

It is a useless cost and it can be avoided also.  

It is that cost that is not considered at the time of decisions making.

So, option B is correct

5 0
3 years ago
Read 2 more answers
Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4
Bogdan [553]

Answer:

B. £0.2055/$

Explanation:

Given that

An Ounce of gold cost = $20.67 in US dollars

An ounce of gold cost = £4.2474 in British pounds.

Therefore,

Exchange rate per 1 dollar

= 4.2474 ÷ 20.67

= 0.20548

= 0.2055.

This means that 1 dollar is equivalent to 0.2055 British dollars at that time using that exchange rate.

£0.2055/$

6 0
3 years ago
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