Answer:
$62,160
Explanation:
Given:
Purchase price = $300,000
Down payment = 10% of purchase price = 0.1 × $300,000 = $30,000
Thus,
the cumulative amount to be financed = $300,000 - $30,000 = $270,000
The present value of an annuity of $1 per year for 8 years at 16% = $4.3436
Now,
Annual payment
= ( Cumulative Amount financed ) / ( Cumulative PV factor at 16% for 8 years)
= $270,000 / 4.3436
= $62,160.42
≈ $62,160
Answer:
17%
Explanation:
To calculate this, we use the weighted average cost of capital (WACC) as follows:
Total capital = 15 + 5 = 20
Weight of equity = 15/20 = 0.75, or 75%
Weight of debt = 5/20 = 0.25, or 25%
WACC = (20% × 75%) + (8% × 25%) = 17%
Therefore, the company's cost of capital is 17%.
A tagline is a catchphrase or slogan used to advertise a brand. It is a short phrase or a series of phrases,often presented in conjunction with a brand logo,that is intended to add meaning to a brand
Answer:
The decrease in production, is the right answer.
Explanation:
The decrease in production because if the output is more than planned aggregate expenditure then the equilibrium point will be at a lower point. Thus, in order to reach the equilibrium level, the production has to decrease. Moreover, if the output is lower than the planned aggregate expenditure then the production should be increased to reach the equilibrium point.
Answer:
Decrease <u>Cash </u>and Increase <u>Expense</u>
Explanation:
Jackson Programming paid $500 as rent for the month of June.
The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.
In Jackson Programming;
A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.
