Answer:
$39,000
Explanation:
Down payment refers to the amount that Mr. Coffey paid upfront at the time of purchasing the house. It is usually a percentage of the total cost and is paid in a lump sum.
In this case, Mr. Coffey 20 % of the cost of the house
i.e., 20% of $195,000
=20/100 x $195,000
=0.2x$195,000
=$39,000
Answer:
Interest rates represent the opportunity costs of investors. If the interest rates are too high, then the opportunity cost of making an investment increases, since the investor could simply decide to purchase Treasury Bonds, corporate bonds, or put the money on a CD. As interest rates increase, total output decreases since investment in new projects decreases.
On the other hand, if interest rates lower, the opportunity cost of investors decrease. Investors will be willing to invest in new projects instead of purchasing Treasury Bonds, corporate bonds, or put the money on a CD. As interest rates decrease, total output increases since investment in new projects increases.
Explanation:
Answer:
The correct answer is D
Explanation:
Impairments of independence involves and it is not restricted to , scope limitations, properties, restrictions on access to records, personal conflict of interest, personnel and resource limitation.
So, it will occur when there are immediate family members of the CPA are in violation, CPA owns financial interest and it is direct on the client and CPA owns financial interest which is indirect with client.
Based on the information given, Legume Division's net operating income last year will be $29580.
Firstly,we will calculate the turnover which will be:
= Sales / Operating costs
= $870000 / 2
= $435000
The return on investment will be:
= Net operating income / Operating assets
Therefore, the net operating income will be:
= $435000 × 6.8%
= $29580
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