Which company re locate in the us ?

An institutional lender is willing to make a loan for $1 million on an office building at a 10% interest (accrual) rate with pay

k0ka [10]

Answer:

$7337.65.

Explanation:

Loan is what someone in need of financial aid for the purpose of investment or other things collect or take money from banks, friends, family or relatives with the intent of returning it back(probably with interest too).

From the question, we are given the following information: the total loan amount on an office building = $1 million = 1,000,000 at a 10% interest (accrual) rate '' with payments calculated using an 8% pay rate and a 30-year loan term".

Hence, if we are to do this on Excel, we will just just use the - PMT of 8% divided by 12 = (0.00666666667) , the number of payment = 360 and the total loan amount which is going the give us the value of $7337.65.

7 0

3 years ago

In your opinion, why is training vital to the success of any organization? What is the potential impact of lack of effective tra

katen-ka-za [31]

Answer/Explanation

Training allows the organization members to grow their knowledge base and improve their job skills to become more effective. Without training, there will be despondent employees, higher employment turnovers, low production rates, an unsafe working environment, abortive staff management, increased expenses, and loss of customers.

I hope this helps

8 0

3 years ago

During July, Laesch Company, which uses a perpetual inventory system, sold 1,430 units from its LIFO-based inventory, which had

ohaa [14]

Answer:

Laesch Company

Journal entries:

Sale of 1,430 units

Debit Cash or Accounts Receivable $40,040

Credit Sales Revenue $40,040

To record the sale of 1,430 units of inventory at $28.

Debit Cost of goods sold $27,170

Credit Inventory $27,170

To record the cost of the goods sold at $19.

Sale of 1,390 units

Debit Cash or Accounts Receivable $38,920

Credit Sales Revenue $38,920

To record the sale of 1,390 units of inventory at $28.

Debit Cost of goods sold $26,410

Credit Inventory $26,410

To record the cost of the goods sold at $19.

Explanation:

Laesch Company can use Journal entries to record its business transactions as they occur on a daily basis. Journal entries show the accounts involved in any transaction and the one to be debited or credited. From the journal, postings are made to the general ledger into individual accounts.

3 0

4 years ago

John is a temporary accountant hired to take Jim’s place as plant accountant while Jim is on a two-week vacation. John notices t

Kamila [148]

Answer:

salaries expense 800 debit

cash 800 credit

Explanation:

The 800 will be a salaries paid to the accountant.

It will have to post:

salaries expense 800 debit

cash 800 credit

The new time Jhon receive a paycheck this amount will be subtracted from his salaries to compensate.

8 0

4 years ago

g A company shows a balance in Salaries and Wages Payable of $50,000 at the end of the month. The next payroll amounting to $75,

GrogVix [38]

Answer and Explanation:

The journal entry is

Salaries and Wages Payable $50,000

Salaries and Wages Expense $25,000

To Cash $75,000

(Being cash paid is recorded)

Here salaries & wages payable and salaries & wages expense is debited as it decreased the liabilities & increased the expense while the cash is credited as it decreased the assets

7 0

3 years ago