From the above information, it can be concluded that Without knowing the application fees, it is impossible to say which bargain is better.
<h3>What are application fees?</h3>
An application fee is money paid to a property owner in order for them to determine eligibility to rent an apartment. Application fees may appear to be a ploy to extract every last penny from tenants, but they serve a function and are rather frequent.
In the above scenario, first bank offers a loan at 7% and second bank offers a loan at 7.5% and both have added the application fees. There is no way to tell which bargain is better without learning the application fees.
Therefore, it can be concluded that application fees amount is necessary to know.
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Answer:
-$976
Explanation:
Adison winery has beginning long term debt of $41,436 and ending long term debt of $46,883
The beginning and ending total balance were $51,283 and $56,480
The company paid an interest is $4,471
Therefore the company cash flow to creditors can be calculated as follows
= $4,471-($46,883-$41,436)
= $4,471 - $5,447
= -$976
Hence the operating cash flow to the creditors is -$976
Answer:
It is cheaper to produce
Explanation:
Cost of producing
Direct materials - 90000
Direct labor - 130000
Variable factory overhead - 60000
Fixed factory overhead - 60000
Total cost - 340000
Cost of buying `10000*36 = 360000
Incremental cost of buying = 360000-340000 = $20,000
It is cheaper to produce at 340000/10000 = $34 /unit
In making a decision whether to buy or manufacture , variable cost and the avoidable costs are considered relevant for this purpose
Answer:
13%
Explanation:
the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]
the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%
Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.
Answer:
A qualified dividend is taxed in the same was as long term capital gains. The tax rates for long term capital gains are lower than the tax rates for ordinary income and they range form 0 to 20%. In this case, since Nomi is in the highest tax bracket, she will most certainly pay the 20% tax rate on qualifying dividend = $375 x 20% = $75.
Explanation: