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pickupchik [31]
4 years ago
15

Prepare an amortization schedule for a five-year loan of $71,500. Assume the interest rate is 7 percent per year and the loan ag

reement calls for a principal reduction of $14,300 every year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank - be certain to enter "0" wherever required.) How much total interest is paid over the life of the loan
Business
1 answer:
soldi70 [24.7K]4 years ago
8 0

Answer:

$15,015.00

Explanation:

Note: See the attached excel file for the loan amortization schedule.

The amount of total interest that is paid over the life of the loan is $15,015.00  

Download xlsx
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An employee sorts through a competing business's trash to see if there are any documents that could reveal secret information .
timurjin [86]

Answer:

Corporate Inteligence

Explanation:

Corporate intelligence is broadly defined as the focused collection and analysis of information regarding an unfamiliar subject that is used to deliver key insights to decision makers in support of a major business concern, corporate action such as an investment or acquisition, internal inquiry, or consideration of risk factors. This information is largely obtained through public records, open sources, and proprietary databases.The purpose of competitive intelligence is to make more informed decisions based on what the business environment looks like and what your competitors are doing. This is a strategic benefit for anyone at any company, whether it's a startup or a Fortune 500 company, because no one has access to perfect information.

5 0
3 years ago
Prior to recording adjusting entries, the Office Supplies account had a $490 debit balance. A physical count of the supplies sho
Kruka [31]

Answer: See explanation

Explanation:

Based on the information that's provided in the question, the required adjusting entry goes thus:

Unadjusted ending balance of supplies = $490

Actual supplies ending balance existing physically = $175

From the information above, the supplies used during the period will be:

= $490 - $175

= $315

Therefore,

Debit office supplies expenses $315 Credit office supplies account $315

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3 years ago
In performance appraisal, ______ means that the use of the measure is satisfactory or appropriate to the people who must use it.
inysia [295]

Answer:

Acceptability

Explanation:

Performance appraisal is also called performance review or performance evaluation is the process by which the performance of a person is evaluated based on certain key performance indices.

When appraisals are conducted it must be acceptable to the company's employees to be successful. If employees do not trust the appraisal method then it is bound to fail.

However when employees feel an appraisal is fair they accept the feedback from the process and work to improve their performance.

5 0
3 years ago
When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that pe
Dimas [21]

Answer:

Option A is correct one.

Competing

Explanation:

When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that person is using the conflict-handling intention of <u>Competing.</u>

When one person seeks to satisfy his or her interests regardless of the impact on the other parties to the conflict, he is competing. The competition involves authoritative and assertive behaviours.

8 0
3 years ago
Assets that are not expected to provide benefits for a number of accounting periods are called __________.
kiruha [24]
Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets
5 0
4 years ago
Read 2 more answers
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