The loan that offers the lowest interest rate is federal student loan. Payday loan and private loan have higher interest rate relatively which can increase the future worth of the money borrowed. if the interest would have been lower, then the future worth or the money to be paid in the future would be less
Answer:
b. $1.82m
Explanation:
Capital Intensity ratio = Total aasets / sales
1.5 = Total Assets / 9m
Total Assets = 9m x 1.5 = 13.5
ROE = Total Income / Shareholders equity
27% = Total Income / (13.5 x 50%)
27% = Total Income / 6.75
Total Income = 27% x 6.75
Total Income = 1.8225
Total Income = 1.82 (Rounded)
The correct option is b. $1.82m.
Buying is the highest risk investment because the outcome is unknown and you have to take a gamble.
Answer:
Total variance= 391 unfavorable
Explanation:
Giving the following information:
Petrus Framing's cost formula for its supplies cost is $1,920 per month plus $11 per frame. For March, the company planned for activity of 632 frames, but the actual level of activity was 639 frames. The actual supplies cost for the month was $9,340.
Estimated= 1,920 + 639*11= 8,949
Real= 9,340
Total variance= real - estimated
Total variance= 9,340 - 8,949= 391 unfavorable