Answer:
$153.01
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment
Given that,
Present value = $8,100
Future value or Face value = $0
RATE = 60 months = 5 years × 12 months
NPER = 5.04% ÷ 12 months = 0.42%
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $153.01
Answer:
A. can use CVP by focusing on measuring the organization's output
Explanation:
Service companies and not-for-profit organizations can use CVP by focusing on measuring the organization's output.
Cost Volume Profit Analysis bothers on the profitability of company's output, whether it be a product manufacturing company or a service-rendering company.
In the case of a service company, Cost Volume Profit will be computed as: Profit = Service Price - Cost to provide service.
Answer:
A. High
Explanation:
When an investment is considered risky, investors would demand a high rate of return as compensation for holding a risky investment.
The required rate of return is usually higher than the short term t bills rate.
I hope my answer helps you.
Answer:
A. Disposable income
B. Marginal Propensity to Consume
C. Change in Disposable Income by the Marginal Propensity to Consume.
Explanation:
The consumption will increase by $800
Explanation:
The consumption function shows the relationship between consumption spending and disposable income.
The slope of the consumption function is the marginal propensity to consume.
Changes in consumption can be predicted by multiplying the change in disposable income by the marginal propensity to consume.
GIVEN that: MPC = 0.60
Disposable income increases by $1,500
consumption increase = 0.60*$1500
= $900
Therefore, The consumption will increase by $900.
When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because net income is a starting point in measuring cash flows from operating activities
<h3>What is a Balance Sheet?</h3>
This refers to the inventory taken for all goods available in a warehouse, showing its financial records.
Hence, we can see that when a person is preparing the statement of cash flows with the indirect method, there is the addition of depreciation expense simply because the net income must be factored in.
Read more about statement of cash flows here:
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