All categories

3 years ago

Periodic payments on installment notes typically include:

Business

1 answer:

astra-53 [7]3 years ago

5 0

Answer: a portion that reduces the outstanding loan balance & a portion that reflects interest

You might be interested in

Zipcar car rentals is an example of a type of innovation that is similar to product innovation except that this innovation relat

andrew-mc [135]

Zipcar car rentals is an example of a type of innovation that is similar to product innovation except that this innovation relates to services.

Product innovation is the introduction of a new or improved good or service. This improvements may be functional, technical and so on.

Service innovation is similar to product innovation except that this innovation relates to services.

Find out more at: brainly.com/question/17218280

6 0

3 years ago

Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren

myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0

3 years ago

Last year, you set aside an advertising budget of $5,000 to place ads in different newspapers, social media platforms, and the l

aleksandrvk [35]

Based on the discount offered and the cost of advertising, your budget variance is <u>$500 </u>and it is a <u>surplus</u>.

<h3>How much do you spend on advertising?</h3>

You need to advertise for 6 months which means that you will pay for two three-month advertising seasons.

The first season will cost $2,000 because of the discount and the second season will cost $2,500. Total cost is:

= 2,000 + 2,500

= $4,500

<h3>What is the Budget surplus?</h3>

= Budget - Amount spent

= 5,000 - 4,500

= $500

Find out more on budget variance at brainly.com/question/25625268.

8 0

3 years ago

True or False? Gross pay minus withholding equals take home pay

Galina-37 [17]

<span> Gross pay minus withholding equals take home pay is F</span>

3 0

4 years ago

15 points) Assume the following information regarding U.S. and European annualized interest rates: Currency Lending Rate Borrowi

Masja [62]

Answer:

The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

Explanation:

Bank Z borrow = €20 million

Spot rate 1€ = $1.13

Convert € in to $

€20 million *1.13 = $22.60 million

Lend $2,26,00,000 at interest rate of 6.73% for 90 days ( Assume total number of days in a year is 360)

= $2,26,00,000 + $2,26,00,000*(90/360)*6.73%

= $2,29,80,245

We need to find the euro to be repaid = €2,00,00,000 + €2,00,00,000*7.28%*(90/360)

= €2,03,64,000

To be repaid in $:-

€2,03,64,000*1.10 = $2,24,00,400

Profit from speculating in $ = $2,29,80,245 - $2,24,00,400

= $5,79,845

Therefore, The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

5 0

3 years ago