Answer:
$9,352.27
Explanation:
25% of 1.2million
25/100×$1,200,000
=$900,000
Monthly mortgage Payment (p)=r(PV)/{1-(1+r)^-n}
Present value (PV)=$900,000
r=7.2%/12
=7.2/100÷12
=0.072/12
r=0.006
n= 144(12 years×12months)
P=r(PV)/{1-(1+r)^-n}
=0.006×$900,000/{1-
(1+0.006)^-144
=$5,400/{1 - (1.006)^-144}
=$5400/{1 - 0.4226}
=$5,400/0.5774
=$9,352.27
Given:
Total number of shares = 150
Selling price = $42
Purchase price = $27
Find:
Angela’s profit on investment = ?
Computation of Angela’s profit on investment:
Angela’s profit on investment = Total sales value - Total purchase value
Angela’s profit on investment = (150 x $42) - (150 x $27)
Angela’s profit on investment = $6,300 - $4,050
Angela’s profit on investment = $2,250
Therefore, Angela’s profit on the selling of investment is $2,250.
Answer:
c. the cash flows from investing activities section.
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
Answers:
The correct answer is 1. a) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions. 2. d. budgeted income statement.
Explanation:
To begin with, a budget is an estimate of the expected results of a specific area in a given period, mainly one year. For its part, the master budget is a plan that covers all areas of the company, and can be adjusted depending on the situations or events that influence the achievement of results. This tool allows a projection of the expected returns taking into account a previous base and the current situation of the sector in which it is located, which is why it is important because it allows drawing a road map for the benefit of all collaborators.
