Answer:
A late fee will be charged.
Explanation:
hope this helped
Answer:
(a) So Frank’s monthly payment = 2/3 ($7,200) (A/P, 0.75%, 36) (6 points)
= $4,800 (0.0318)
= $152.64
(b) Frank owed the October 1 payment plus the present worth of the 27 additional payments.
Balance = $152.64 + $152.64 (P/A, 0.75%, 27) (6 points)
= $152.64 (1 + 24.36)
= $3,870.95
Explanation:
Answer:
Residual income = $666,270
Explanation:
The residual income is the amount left after the opportunity cost of capital deducted from the net operating income
Operating income=Contribution margin -Fixed cost
Operating income= 1,050,000 - 325,500= $724,500
Residual income = Net income - (cost of capital × capital invested)
=$724,500 - (18% × 323,500)= 666270
Residual income = $666,270
Answer: D -different perceptions of the same situation
Explanation: Perception can be said to be the way individual see, understand and interpret a situation.
Different people see and interpret the same situation differently. Individuals perception about a situation is always different as individuals think and act differently.
Due to individuals personality, individuals see and understand and interpret same situations differently.