Answer:
<u>Maximum Amount that can be loanded = $4139619</u>
Explanation:
DSCR = NOI / Debt Service
Debt Service = Principal + Interest
NOI = $ 500000
Debt Service = 500000 / 125 % = $ 400,000
The loan would be ammortized monthly over a period of 25 years.
Monthly Payment or EMI
E = P×r×(1 + r)n/ ((1 + r)n - 1)
12E = 400,000 = [P×r×(1 + r)n/ ((1 + r)n - 1)] * 12
or, P = 400000 / 0.0966272500154557 = $4139619
<u>Maximum Amount that can be loanded = $4139619</u>
Answer:
Statement of Cash Flows (Direct Method)
For Year Ended December 31, 2020
Particulars Amount
Cash Flows from operating activities:
Cash Receipts from:
Customers ($50800+ $190100) $240,900
Dividend Revenue $18,800 $259,700
Less: Cash payments:
For Interest -$10,000
For Income Taxes -$16,900
To suppliers for Merchandise -$115,600
For Salaries and wages -$57,100
For Operating Expenses -$28,300 -<u>$227,900</u>
Net Cash provided by operating activities <u>$31,800</u>
A good tax system should meet 5 basic conditions: Fairness, adequacy, simplicity, transparency & administrative ease. Hope this helps you! :)
In deciding whether to sell a product or continue to process it, the costs incurred to get the product into its current condition are not relevant to the decision.
<h3>What is Cost Price?</h3>
This refers to the price at which a good was bought and might include the expenses incurred while procuring the goods.
Hence, we can see that when an owner is trying to decide whether to sell a good or process it, the costs incurred to get the product to its current condition are not relevant while making this decision.
Read more about cost price here:
brainly.com/question/19104371
Answer:
1.425 dollars of value added
Explanation:
The value of the painting added by Caroline is between the $75 dollar of raw materials and the $1,500 which is the amount at which she sold the canvas in the art gallery.
If, over the course of time the canvas market value increase this will not change the value added by Caroline.
1,500 - 75 = 1.425 dollars