Based on Kathy's total cost of financing the home, the APR, and the period, her monthly payments would be $1,081.49.
<h3 /><h3>How much would Kathy pay per month?</h3>
Find the monthly period:
= 25 x 12
= 300 months
The monthly rate:
= 5%/12
= 5/12%
The monthly amount is:
= 185,000 / (( 1 - (1 + 5/12%)⁻³⁰⁰) / 5/12%)
= $1,081.49
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Answer:
$7500 less if Product A is made.
Explanation:
The number of units that can be produced for each of the products with 5,000 machine hours are:
The incomes for each of the products are:
Therefore, the income will be $7,500 more if product B is made, or $7,500 less if product A is made.
KAJ Incorporated purchased a machine costing $250,000 by paying $35,000 and signing a $215,000 note payable. How would this transaction be reported within the cash flow from investing activities section of the cash flow statement? ... It would not be reported in the investing activities section of the cash flow statement.
Oct 13........................No Journal Entry Required
Oct 17. Cash..........................................DR $107
To Accounts Receivable........................................ $107
(Being cash received by Accounts Receivable)
Oct 22. Inventory....................................DR $1145
To Accounts Payables.......................................... $1145
(Being Purchases made of Chairs and Oil Supplies)
Oct Accounts Payable...........................DR $1145
To Cash............................................................ $1145
(Being Cash paid for purchases made)
Screening. This is the process of gathering a focus group, distributing the product and gathering the opinions of the group before selling the product