Decrease, cut, halt, slow down.
Answer:
The loan amount was $27,142.86
Explanation:
Data provided in the question:
Total interest paid for the loan amount = $950
Time for which interest is charged = 6 months = 0.5 year
Annual interest rate = 7% = 0.07
Now,
Interest = Principle × Rate × Time
or
$950 = Principle × 0.07 × 0.5
or
Principle = $950 ÷ 0.035
or
Principle = $27,142.86
Hence,
The loan amount was $27,142.86
Answer:
$60.87
Explanation:
You can solve this question using time value of money concept. Since this is a dividend paying stock, the recurring dividends are annuities, next year's price is the future value, total duration is 1 year. Use these to calculate the current price; PV
Total duration; N = 1
Interest rate per year ; I/Y = 15%
Future value; FV = 63
Recurring dividend payment; PMT = 7
then compute the present value; CPT PV = 60.87
Therefore, the intrinsic value of this stock is $60.87
Answer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
Interest income $625
Note receivable from customer $15,000
Explanation:
The following journal entry shall be booked by the Louvers, Inc. in its accounts as at November 27 in respect of note from customer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
(Interest receivable recorded at June 30)
Interest income $625
(Interest income from June 30 to November 27)
Note receivable from customer $15,000
The correct answer is B. Telecommuting
Explanation:
Telecommuting or telework involves working from one's home. This change of environment is often related to a higher level of satisfaction, as well as more time for the employee to spend on personal activities including spending time with family. Indeed, telecommuting increases the balance between work and family because workers do not need to spend time going to work or returning from it, and times such as breaks, lunchtime, etc. can be spent in family. According to this, this is one element that allows a higher balance between work life and family life.
