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2 years ago

10

If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the l

oan amount (rounded to the nearest hundred)

1 answer:

mihalych1998 [28]2 years ago

7 0

Answer:

$144,200

Explanation:

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The U.S. corporation Fun Toys, Inc. sets up a firm in China. The parent company remains in the United States and retains complet

rosijanka [135]

Answer:

(A) A wholly owned Subsidiary

Explanation:

A wholly owned subsidiary is a company that is completely owned by another company called the Parent/Holding Company. The parent company will hold all (100%) of the subsidiary's common stock.

A wholly owned subsidiary allows the parent company to diversify, manage, and possibly reduce its risk.

Some of the disadvantages of a wholly owned subsidiary include the possibility of multiple taxation, lack of business focus, and conflicting interest between subsidiaries and the parent company if not properly managed.

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Samantha has a bakery that has been successfully run for over a year, and it’s growing in popularity. If she planned to use her

Ksenya-84 [330]

Answer:

NOT might lose customers because of a lack of innovation

NOT might not be able to attract essential new investors

Explanation:

Since in the question it is mentioned that Samantha who has a bakery is sucessfully run for a year and it is popular also. At the same time she planned for using her profits in order to cover up the similar cost that had done in the last year

So based on this, the risk she has taking is that she not want to lose his customers as there is an innovation lacking also she is not capable to attract the new investors

Therefore the same is to be considered

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2 years ago

A buyer is interested in buying a home in an older neighborhood where new sidewalks have just been installed. The buyer contacts

rusak2 [61]

What this agent has to do should be to advise the buyer that there may be special assessments levied against property.

<h3>Who is a house agent?</h3>

This is a person that acts as a third party to a person that wants to buy or rent a house and the person that is giving out the property.

The agent here has to tell the buyer that the reason for these taxes is the fact that there are other levies on the property.

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2 years ago

What makes up the organization’s mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the orga

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<span>The mission is the purpose, the objectives and goals of the organization. The policies are based on the mission and provide a statement of purpose. Procedures are step by step directions on how a policy is to be carried out. </span>The organization’s mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the organization are defined in the framework of the organization.

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2 years ago

Rodriguez Corporation issues 18,000 shares of its common stock for $174,800 cash on February 20. Prepare journal entries to reco

AleksAgata [21]

Answer:

a.

Date Account Title Debit Credit

Feb. 20 Cash $174,800

Common stock $144,000

Paid-In Cap. in excess of par $30,800

<u>Working</u>

Common stock = 18,000 * 8

= $144,000

Paid-in cap. = 174,800 - 144,000

= $30,800

b.

Date Account Title Debit Credit

Feb. 20 Cash $174,800

Common stock $174,800

c.

Date Account Title Debit Credit

Feb. 20 Cash $174,800

Common stock $72,000

Paid-In Cap. in excess of par $102,000

<u>Working</u>

Common stock = 4 * 18,000 = $72,000

Paid in cap = 174,000 - 72,000 = $102,000

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2 years ago