Answer:
Monthly installment is $724.72
Explanation:
Given:
Amount of loan (PV) = $45,000
Time period (nper) = 6 years or 6×12 = 72 months
Since amount need to be repaid in equal monthly installment
Annual interest = 5% or 0.05
Monthly interest (rate) = 0.05 ÷ 12 = 0.0041667
Calculate monthly installment (pmt) using spreadsheet function =pmt(rate,nper,PV)
Monthly installment is $724.72
Pmt is negative as it is a cash outflow.
Answer:
$27,600
Explanation:
A. To record equity income
Dr Investment in macro $36,200
Cr Equity income from macro $36,200
(40%×90,500= 36,200)
B.To record cash dividend
Dr Cash $8,600
Cr Investment in macro $8,600
(40%×21,500=8,600)
Therefore:
Increased in investment- macro company stock
$36,200-$8,600= $27,600
Answer: Option A
Explanation: The multiplier effect applies to the proportional amount of final income increase arising from an investment injection by the govt. Conversely, as spending drops, a multiplier effect may also work in reverse, showing a corresponding decline in profits.
Crowding out is an economic philosophy that defines a scenario where private consumption of goods and services and business investment is limited due to higher government spending and deficit financing eating up the available financial resources and higher interest rates.
Hence from the above we can conclude that the correct answer is A.
Answer:
D) represents the discount lost when a customer does not pay within the discount period
Explanation:
When a business uses the net method for accounting sales and purchases, they include all the possible discounts in the sales or purchases that they make. E.g. a store that sells $1,000 in merchandise and offers a 3% discount within 10 days (3/10, n/30) will record accounts receivable and sales revenue at $9,700 since it expects its customers to pay within the discount period.
Dr Accounts receivable 9,700
Cr Sales revenue 9,700
But if the customers do not pay within the discount period, accounts receivables and sales revenue must be adjusted. The sales discounts forfeited account should be used to adjust both accounts by increasing sales revenue and at the same time debiting accounts receivable fro $300.
Dr Accounts receivable 300
Cr Sales discounts forfeited 300
D i think would be the best answer.
