If these were the given choices:
A) Wells Fargo
B) Countrywide
C) J.P. Morgan Chase
D) Bear Sterns
My answer would be C) J.P Morgan Chase
The SEC filed civil false-certification charges against J.P Morgan Chase because they misled investors into investing in a complex mortgage securities transaction during the time when the housing market was starting to go down.
J.P Morgan Chase agreed to pay a settlement that will reimburse the affected investors their total investments.
Answer:
if it is only one answer then it is E. Responsibility and if to answers it is E. Responsibility and A. Specialization
Explanation:
they both symbolize business
Answer: $1,754,211
Explanation:
8% of $2,000,000 will be payable every year for 10 years;
= 2,000,000 * 8%
= $160,000
The amount received from selling the land is;
= Present value of interest payable annually + Present value of Note
= (160,000 * Present value interest factor of annuity, 10 years, 10%) + (2,000,000 * present value interest factor, 10 years, 10%)
= (160,000 * 6.14457) + (2,000,000 * 0.38554)
= $1,754,211
Answer:
The answer is D) $3210
Explanation:
Before taking the given transactions into account we start of with the Cash balance of $3000.
We have outstanding checks of $230. We need to deduct these check from the balance. 3000 - 230 = 2770
We have deposits in transit, meaning this is money we have received but has not yet reflected. We need to add the $450 to the cash balance.
The balance is now updated to $ 3220.
We have a credit memo from the bank. This is interest owed to us. We will add the $10 to our balance. $ 3230
Finally we need to subtract the service charge of $ 20.
We will be left with a balance of 3210.
Therefore the answer is D) $3210
Answer:
Increase by $31,200
Explanation:
Retain Truck Replace Truck Net Increase
Sale price of old Truck $0 $32,200 $32,200
Cost of New Truck $0 -$132,000 -$132,000
Variable manuf. cost -$131,000 $0 $131,000
Net Income -$131,000 -$99,800 $31,200
The total increase in income by replacing the old Truck is $31,200.
