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
siniylev [52]
3 years ago
8

Your uncle Ben has applied for a loan of $240,000 from a local bank, and he thinks he will get a loan. However, he is not confid

ent that he will get the loan for the entire $240,000. Also, he is not certain of the interest rate. Based on his current financial obligations, he is confident the bank will loan him at least $120,000. Also, he thinks the interest rate could be in the range of 12% to 15%. You do not know what interest rate the bank would charge. In this situation, how would you use the chart given above? Explain.
Business
1 answer:
vlada-n [284]3 years ago
6 0

Answer:

Follows are the responses to these question:

Explanation:

Please find the complete question in the attached file.

Uncle Ben will have to select industrial machinery for customized furnishings, as the NPV of the project have result show to the S loan, such that uncle Ben can gain it if he opts to invest throughout the C loan of just $120,000 from the bank.

In Which only a $240,000 credit by Uncle Ben has also been issued by the bank, it can choose either local furniture exaggerations or regular fabric as Project C and Project S both are positively Verdict.

You might be interested in
During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $225,51
Kryger [21]

Answer:

The inventory would be increased by $55,283 and the profit has been decreased by the same amount.

Explanation:

The reason is that the closing inventory has been increased by the difference of the correct and incorrect amount which is:

Closing inventory difference = $225,513 - $170,230 = $55,283

This will increase the closing inventory in the balance sheet and the increase in the closing inventory will decrease the cost of goods sold. The lower the cost of goods sold the greater is the profit.

6 0
3 years ago
To record a​ 6% stock​ dividend, accountants use​ ________. To record a​ 55% stock​ dividend, accountants use​ ________. A. par
RoseWind [281]

Answer:

Computers

Explanation:

They use computers these days.

5 0
3 years ago
Read 2 more answers
Which of the following policies should a country implement in an economic downturn to avoid a Paradox of Thrift?
zalisa [80]

Answer:

B)  Implement policies to encourage greater consumption.

Explanation:

The Paradox of thrift says that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will, in turn, lower total saving due to that total saving may fall because of individuals' attempts to increase their saving, Therefore, to avoid the paradox of thrift policies to encourage consumption must be implemented.

5 0
3 years ago
On June 1, Crane Company Ltd. borrows $99,000 from Acme Bank on a 6-month, $99,000, 8% note. The note matures on December 1. Cor
azamat

Answer:

Explanation:

The journal entry is shown below:

On June 1

Cash A/c Dr $99,000

    To Notes payable A/c  $99,000

(Being the amount borrowed is recorded)

For recording this transaction, we debited the cash account and credited the notes payable account so that the correct posting can be done

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
What is the effect of a buyer’s failure to comply with the statute of limitations recognized by the Uniform Commercial Code for
lubasha [3.4K]

Answer:

The buyer has agreed to waive his warranty rights by agreeing the clause of waiving the warranty rights under the contract.  

Explanation:

If the buyer and the seller agrees on the term that the risks and the rewards coming onwards would belong solely to the buyer and there will be no warranty claims acceptable related to this product. This is the limitation of the application of the Unifrom Commercial Code.

8 0
3 years ago
Other questions:
  • A store manager needs to run a report of last month’s sales. The manager would like the report to highlight products that sold o
    15·1 answer
  • Which course of action would the WTO take if member A tries to impose a trade barrier against member B?
    12·2 answers
  • Lancencus, a software company, plans to double its workforce in the next 10 years. To achieve this goal, the human resources man
    9·1 answer
  • Is the microbial community in the intestine a key to understanding obesity? To explore this question, scientists conducted anoth
    15·1 answer
  • A primary function of the promotional mix is to Multiple Choice explain how to use a product. persuade consumers to try a produc
    14·1 answer
  • abuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S
    10·1 answer
  • List what you are thankful for! (((It's Thanksgiving (here)! Answer if you bake! Or if you like cakes pies cookies and treats!!!
    13·1 answer
  • What should you do during the development phase regardless of the type of event you are implementing?
    7·1 answer
  • Name one of the three different levels at which an organization can be diagnosed?
    12·1 answer
  • Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and co
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!