Answer:
$7200.2882
Explanation:
Amount of Mortgage that you need to take is 1mil - 300k = $700,000
Using financial calculator, we have the following inputs:
PV = 700,000 (the amount of mortgage need to take)
I/Y = 1% (annual interest is 12% --> Monthly interest is 12%/12 = 1%)
n = 360 (30 years have 30x12 = 360 months)
FV = 0 (value of mortgage at end of 30th year is nil)
PMT = ? (Monthly mortgage payment - the missing value we need to find)
--> PMT = $7200.2882
D. The actions expected of him or her.
Answer:
a. all goods and services.
Explanation:
Exports are the goods and services produced within the country but sold to customers in foreign nations. Net export is the difference between total exports and total imports.
GDP is the total value of the goods and services produced in a country in a period. GDP will include all products consumed within the country or exported. Exports are, therefore, a part of a country's GDP.
Since exports are consumed outside the country, net exports can be calculated by deducting exports from all the goods and services produced within the country.
Answer: The best response is to say something like " I understand that you have had a very frustrating experience with us today. I am very sorry this has happened." and then promptly answer the customer's question.
Hope this helps! :)
Explanation:
Answer:
Debit Advertising expense $916.67
Credit Prepaid Advertising $916.67
Being entries to recognize advertising expense incurred for 5 months.
Explanation:
When an amount is paid in advance, the entries posted are
Debit Prepaid Advertising
Credit Cash account (with the amount prepaid)
As the expense is incurred, entries required would be
Debit Advertising expense
Credit Prepaid Advertising (with the amount incurred)
Expense incurred in 5 months
= 5/6 × $1100
= $916.67
Hence the entries required will be
Debit Advertising expense $916.67
Credit Prepaid Advertising $916.67
Being entries to recognize advertising expense incurred for 5 months.