Answer:
$32,600
Explanation:
Calculation to determine her itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard
Using this formula
Itemized deduction =(Financing amount * 6 percent)+(Additional amount borrowed*interest rate of 8 percent)
Let plug in the formula
Itemized deduction=( $350,000 * 6 percent)+($145,000 *8 percent)
Itemized deduction=($21,000+$11,600)
Itemized deduction=$32,600
Therefore her itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard wi be $32,600
Answer:
A. Interest Expense divided by Average Interest-bearing Debt
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
An interest-rate risk can be defined as the risk associated with bond owners due to fluctuating interest rates. This risk has a direct level of impact on the value of fixed income securities such as bonds.
An interest rate can be defined as an amount of money that is charged as a percentage of the total amount borrowed from an individual or a financial institution.
Mathematically, the average borrowing rate (ABR) for an interest bearing debt is calculated using the formula;
<span>Niles holds the title for fob destination goods which includes the $5,000 in transit to troy manufacturing. Martin corporation holds the title for the $6,000 in consignment goods. Delta enterprises holds the title for the $4,000 in goods because title transitioned when the goods were shipped. Niles has does not have title to the $7,000 in goods from Gregg Supply because title does not transition until the goods are received by Niles.</span>
Answer: The correct answer is "Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.".
Explanation: In her testimony, the president claimed<u> Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.</u> Using traditional guidelines, Congress determined that Nikkei was not dumping.
It is known as dumping when companies sell products at a lower price abroad than they sell in their country.
Answer:
1.credit to premium on bonds payable for $160,000
Explanation:
The journal entry to record the issuance of the bond is given below:
Cash $2,160,000 ($2,000,000 × 108%
)
To Premium on Bonds Payable $160,000 ($2,160,000 - $2,000,000)
To Bonds Payable $2,000,000
(Being the issuance of the bond is recorded)
Here the cash is debited as it increased the assets and credited the bond payable & premium on bond payable is credited as it increased the liabilities