The correct answer is Accounts receivable increase by $500 or revenues increase by $500
Money due by organisations to the company on the sale of goods or services on credit is represented by accounts receivable. In the majority of business entities, accounts receivable are normally handled by creating an invoice, mailing it or delivering it electronically to the client, who is then required to pay it within a predetermined window of time known as the credit terms or payment terms.
The amount of sales a company made.
Monetary compensation for goods or services.
Every month, there are different amounts due (debtors).
Receiving money on behalf of a business and applying it to outstanding balances is the responsibility of the accounts receivable department.
Accounts receivable includes the cashiering and collection teams. The cashiering team uses the funds collected while the collections section looks for the debtor.
It is crucial to pay attention to this indicator because accounts receivable might affect the company's liquidity. Consequently, the investment risk ought to be as low as possible.
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problems in a new process for electronic receipt of lab results. on the first day of the new process, the receptionist called the central lab to complain that they did not receive their daily results fax. where did this problem likely originate?
This problem likely originates from the new process itself being flawed and not receiving their daily results fax.
A receptionist is an employee taking a workplace or administrative help role. The work is typically carried out in a waiting place along with a foyer or the front office desk of a business enterprise or commercial enterprise. The identified receptionist is attributed to the person that is hired by using a company to get hold of or greet any visitors, patients, or clients and answer smartphone calls.
The term front table is used in lots of accommodations for an administrative department wherein a receptionist's responsibilities additionally may consist of room reservations and assignments, guest registration, cashier work, credit score assessments, key control, and mail and message provider. Such receptionists are regularly referred to as front table clerks. Receptionists cowl many regions of work to assist the companies they paint for, along with setting appointments, filing, report maintaining, and other workplace tasks.
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Government’s fiscal policy options for ending severe demand-pull inflation include.
Reducing government spending, raising taxes, or doing both are possible choices for the government's budgetary strategy to eliminate severe demand-pull inflation. Hence, Option A is correct.
What is inflation?The term "inflation" in economics describes a broad rise in the cost of goods and services across an economy. A decrease in the purchasing power of money results from an increase in the general price level, which makes each unit of currency buy less in goods and services. This is why inflation is a result of rising prices generally.
Therefore, option A is correct.
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The complete question has been attached in text form:
The government's fiscal policy options for ending severe demand-pull inflation include-
reducing government spending, increasing taxes, or both.
increasing interest rates, increasing taxes, or both
reducing government spending, increasing interest rates, or both.
increasing interest rates, reducing the money supply, or both
if an activity whose normal duration is 13 days can be shortened to 11 days for an added cost of $1,500, what is the crash cost per period?
The crash cost per unit period = $750 per day of a normal duration .
Crash cost per :Crash cost is the cost associated with opting the briskly alternate to consummate the trouble. Note, this isn't the excess cost, but the full cost companies with the alternative approach. As such the formula results in a valuation that represents crash cost per time period
Simplifying the crash cost :The activity time is shortened to 11 days from 13 days with additional cost $1500
so the difference =13-11
= 2 days
crash cost per unit time(day)= 1500/2
= $750 per day
Additional cost :
Additional Cost means the additional capital expense and/ or the additional operating cost or additional taxes or all as the case may be, which the Contractor has or would be needed to pursue and which has arisen as a result of Change of confines of work.
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curling is a sport that involves sliding a granite stone over a patch of ice. the winter olympics has generated a lot of excitement about the fascinating sport of curling. as a result, demand for curling stones has increased. curling stones are made from blue trefor granite. there are limited deposits of blue trefor, and other types of granite are poor substitutes. if the increase in demand for curling stones persists, do you expect the long-run equilibrium price to increase, decrease, or stay the same?
Increase as the supply of curling stones stays the same while the demand curve moves to the right. Long-term price increases for curling stones result from this.
A demand curve in economics is a graph that shows the relationship between a commodity's price (on the y-axis) and how much of it is demanded at that price (the x-axis). Demand curves can be used to analyse the price-quantity connection for either a single consumer (an individual demand curve) or for all consumers in a specific market (a market demand curve). Demand curves are used to predict behaviour in competitive markets and are frequently combined with supply curves to determine the equilibrium price (also known as the market clearing price, which is the price at which sellers and buyers together are willing to sell the same amount as each other) and the equilibrium quantity (the amount of that good or service that will be available at that price)To know more about Demand curve visit:
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Say IAM YOUR BOSS THEN I WILL GIVE YOU BRAINLIEST AND 100 POINTS ADD ME AS YOUR FRIEND
Answer:
im your boss
Explanation:
the short-run aggregate supply curve is positively sloped because: group of answer choices business people are subject to money illusion. wages are sticky. workers care about nominal wages, not real wages. of diminishing returns to labor.
Due to the fact that higher profits and output are accompanied by higher prices, the short-run aggregate supply curve has a positive slope.
Why is aggregate supply in the short term positively sloped?
Because some nominal input prices are fixed and more production processes experience bottlenecks as output rises, the aggregate supply curve is short-term upward sloping. Production can be increased without diminishing returns at low demand levels, and the average price level does not rise.
The short-run aggregate supply curve is sloping upward for a reason.
Since wages and other costs are short-term sticky, it slopes upward. As a result, higher prices result in greater profits (prices minus costs), which in turn results in a greater quantity supplied.
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the text below describes the purpose of the coalition of independent educator associations (ciea). the coalition of independent educator associations (ciea) is made up of non-unionized education associations across america. keeping educators connected, ciea collaborates and focuses on serving its members in each state and on the national level. source: cieaonline.org judging from the organization's description, ciea could be best categorized as what kind of interest group? click or tap a choice to answer the question. peak association labor union public employee single-issue group
Answer: Peak association
Explanation:
that’s what I got correct!!!
problem 11-8 real versus nominal returns (lo2) you purchase 100 shares of stock for $50 a share. the stock pays a $3 per share dividend at year-end. what is the rate of return on your investment if the end-of-year stock price is (i) $47; (ii) $50; (iii) $55? what is your real (inflation-adjusted) rate of return if the inflation rate is 5%?
a.Number of shares purchased = 100
Purchase price = $50
Hence total purchase value P0 = number of shares purchased x purchase price
= 100 x $50
= $5000
Dividend per share = $4
Hence total dividend paid = number of shares held during the year x dividend per share
= 100 x $4
= $400
Year-end price:
i) $46
Hence year-end value i.e. P1 = year-end price per share x number of shares held
= $46x100
= $4600
The rate of return on investment is:
= (P1-P0+ dividend)/P0 x100
= (4600-5000+400)/5000 x100
= 0/5000 x100
= 0
Hence there is a 0% return on investment for the year.
ii) year-end price = $50
Hence year-end value i.e. P1 = 100 x$50
= $5000
Rate of return on investment :
= ($5000-$5000+$400)/$5000 x100
= $400/$5000 x100
=8%
Hence return on investment is 8%
iii) year-end price = $55
Hence year-end value i.e. P1 = 100x$55
= $5500
Rate of return on investment :
= ($5500-$5000+$400)/$5000 x100
= 900/5000 x100
= 18%
Hence return on investment is 18%
b. Inflation rate = 6%
The real rate (inflation-adjusted rate) is:
= (1+nominal rate)/(1+inflation rate) -1
i) year-end price $46 with 0% nominal return
Real rate of return = [(1+0)/(1+0.06) ]-1
= 1/1.06-1
= 0.94339622642 -1
= -0.0566037736
= -5.66037736%
i.e. -5.66% (rounded off to 2 decimal)
Hence the real rate of return is -5.66%
ii) year-end price = $50 with an 8% nominal return
Real rate of return =[ (1+0.08)/(1+0.06)]-1
= 1.08/1.06-1
= 1.01886792453 -1
= 0.01886792453
i.e.1.886792453%
i.e. 1.89% (rounded off to 2 decimal)
Hence the real rate of return is 1.89%
iii) year-end price = $55 with 18% nominal return
Real rate of return =[ (1+0.18)/(1+0.06) ]-1
= 1.18/1.06 -1
= 1.11320754717 -1
= 0.11320754717
= 11.320754717%
i.e. 11.32% (rounded off to 2 decimal)
Hence the real rate of return is 11.32%
A proportion is an economic device that represents the part ownership of an organization. A share is an economic device that represents component possession in a single or greater business. The price of distinctive stocks of a company may be identical to every other.
There may be no minimum order restriction on the acquisition of a publicly-traded employer's stock. Investors may additionally consider buying fractional shares through a dividend reinvestment plan or DRIP, which doesn't have commissions.
It is a ways extra not unusual for dividends to be paid quarterly or annually, however, some shares and other kinds of investments pay dividends month-to-month to their shareholders. Simplest approximately 50 public businesses pay dividends month-to-month out of some 3,000 that pay dividends on a normal foundation.
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a car salesperson sells a car for $21,000. she receives a 5% commission on the sale of the car. how much did she earn on the sale?
The salesperson will earn $1102.5 on the sale of the car for $21,000 after receiving the commission of 5%.
What is the commission on the sale?A sales commission is the amount of compensation paid to an individual based on sales. This is usually a percentage of sales paid on top of your base salary.Sales commission is the percentage of sales that a sale person or salesperson can earn. Variable costs include the cost of goods sold, credit card fees, shipping charges, and sales commissions that may be paid to sales staff.Sales commissions paid are considered sales expenses and are therefore included in operating expenses in the income statement. This means that the commission is based on the Cost of Goods Sold.Fees should be recorded when paid so that there is a credit to the cash account and a debit to the fee expense account. If an employee receives a commission, the company withholds income tax on the amount of commission paid to the employee.thus, the salesperson sold the car for $21000 which means she received a 5.25% commission.
So,
(21,000 × 5.25)/100
= 1102.5
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which theory proposes that work satisfaction originates from motivating factors, and dissatisfaction originates from hygiene factors? multiple choice question.
Herzberg theory proposes that work satisfaction originates from motivating factors, and dissatisfaction originates from hygiene factors.
Otherwise called Herzberg's inspiration cleanliness hypothesis, the two-factor hypothesis or the double variable hypothesis, the Herzberg hypothesis expresses that specific component inside a work environment lead to work fulfilment, while others lead to disappointment.
What is Herzberg's two-factor hypothesis of occupation fulfilment?
Frederick Herzberg speculated that representative fulfillment has two aspects: "cleanliness" and inspiration. Cleanliness issues, for example, pay and management, decline representatives' disappointment with the workplace. Inspirations
for example, acknowledgment and accomplishment, make laborers more useful, imaginative and committed.
What are the 4 speculations of occupation fulfilment?
Speculations of occupation fulfilment. Work fulfilment speculations have areas of strength for a with hypotheses making sense of human inspiration. The most well-known and unmistakable hypotheses in this space include:
Maslow's requirements order hypothesisHerzberg's inspiration cleanliness hypothesisThe Work Attributes Model and The dispositional approachLearn more about Herzberg theory here:
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a buyer with a $750,000 loan has a monthly principal and interest payment of $4,376.80. if $3,593.75 is interest, what is the new principal balance after the first payment is applied?
The new principal balance after the first payment is applied is $3,593,750 from given equation.
What does a business interest actually mean?Interest is the fee a business pays a lendor (creditor) for a loan. Although there are many alternative options, interest payments are normally made on a monthly basis and based on the amount of the loan still owed. Interest is frequently calculated as a percentage of the loan total at a predetermined interest rate.
Why is arousal important in the corporate world?Interest is one of several crucial functions in a market economy. The most obvious example of this coordination between savers and borrowers is when borrowers are required to pay interest in order to borrow more money in order to increase their current consumption.
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You have just been elected to public office and you have been informed that the government does not have money to pay all of its bills.
You have been told that if you were to cut the marginal tax rate, tax revenue would actually increase. Is this true and if so, what would
be the reason for this?
Choose one:
A. This is only true if the marginal tax rate is too high.
B. This is only true if the marginal tax rate is already very low.
OC. This isn't true. If the marginal tax rate is reduced, it always generates less total tax revenue.
D. It is always the case that reducing the marginal tax rate causes people to work more and increase the total
amount of tax revenue collected.
not a.
not b.
not c.
it's d.
explanation:Lower tax rates enable firms to invest more – this leads to higher growth and therefore, higher tax revenues
the net pay owed to an employee amounts to their gross pay minus deductions made. these deductions can include:
Employers are prohibited from taking unauthorized deductions from employees' salary and compensation, including several other groups of people. Employers must abide by the provisions of your employment contract and may only deduct wages under certain circumstances.
Learn about your rights to protection and when employers may deduct money from your pay.Your earnings and your salary differ slightly. Your employer pays you a salary in relation to the work you do. The minimum amount you should be paid is called pay (for example your monthly or hourly pay rate). Your pay may consist of:
any fees, bonuses, commissions, holiday compensation, or any wages related to your employment, excluding
statutory wages (such as Statutory Sick Pay or Statutory Maternity Pay)
Gift certificates, lunch coupons, and other vouchers with a set value that can be used to buy products, services, or money.
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a company provides a 1-year warranty with its products. product warranty payable would appear on the balance sheet as a
Product warranty payable would appear on the balance sheet as a Current liability.
Current liabilities are sometimes defined as all liabilities of the firm that must be settled in cash within the fiscal year or the operational cycle of a particular company, whichever is longer.
Common current responsibilities include accounts payable, salary, taxes, and deferred revenue (services or products yet to be delivered but for which money has already been received).
The promise made by the manufacturer of a product to the buyer on the quality of their providing and the compensation that will be given in the event that the product does not meet expectations. Typically, warranties have exclusions that limit the manufacturer's obligations.
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physicians clinic orders by phone seven boxes of single-use latex gloves from quality medical supplies, inc. after three boxes are delivered and accepted, physicians clinic repudiates the contract. quality medical can enforce the contract to
Physicians Clinic renounces the agreement after three boxes have been delivered and accepted. As long as there are three boxes that have been accepted, Quality Medical can enforce the contract.
Which of the following lists the necessary components of an enforceable contract?An agreement that specifies the legal rights and obligations of two or more parties is known as a contract. A valid contract must include all five requirements: offer, acceptance, awareness, consideration, and capability.
Which of the following does not apply to a legally binding contract?Earnest money is the solution. Offer and acceptance, consideration, legally capable parties, mutual consent, and a legal purpose are necessary components of a valid contract. A contract does not need earnest money to be enforceable.
What happens if a contract's conditions are not followed?A breach of contract occurs when the conditions of a contract are not followed, and the damaged party may then bring legal action.
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isabella, age 50, pays $500 each month for health insurance premiums with after-tax dollars. she is not self-employed. during 2021, she also incurred $200 in doctor bills and $50 in over-the-counter medications. her agi is $45,000. what amount will she be able to deduct as an itemized deduction after the agi floor is applied
Personal expenses allowed as itemized deductions include medical expenses, nation and local taxes, interest, charitable gifts, casualty losses, and other itemized deductions.
How do I deduct scientific expenses?In 2022, the IRS allows all taxpayers to deduct their qualified unreimbursed medical care costs that exceed 7.5% of their adjusted gross income. You ought to itemize your deductions on IRS Schedule A in order to deduct your scientific charges rather of taking the popular deduction.
Who is no longer eligible to file using the popular deduction?Certain taxpayers don't seem to be entitled to the widespread deduction: A married character filing as married filing one by one whose spouse itemizes deductions. An person who was a nonresident alien or twin repute alien at some point of the yr (see under for sure exceptions)
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https://brainly.com/question/13757943#SPJ4according to the bcg matrix, business units that are doing poorly in a low growth market are called . group of answer choices
An analysis of a company's products using a BCG matrix is a tool for long-term strategic planning. Companies can use the matrix to find new opportunities for growth and choose their future investment strategy.
What Is a BCG Matrix?Businesses can better understand their present and future competitive environments by using a BCG matrix.Business leaders can use the process to enhance products, spot new opportunities, and even decide which services to cut out.A BCG matrix has limitations, thus some businesses might want to look into alternative models.This article is for business owners who wish to assess their industry and make future plans for their enterprise.Since 1968, businesses have utilized the BCG model to help them understand which goods will help them take advantage of chances for market share expansion and provide them a competitive edge.The BCG matrix model, which was created more than 50 years ago, is still a useful resource for businesses looking to assess their potential.To Learn more About BCG matrix refer to :
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what can listing agents prepare for their clients to give them unofficial estimates of all closing costs?
Listing agents can prepare seller net sheets for their clients to give them unofficial estimates of all closing costs.
What is a Listing agent?An authorized real estate agent who represents the seller in a deal is known as a listing agent. It is the job of listing agents to guide sellers through each stage of the sale. In order to price homes, listing agents first conduct comparative market evaluations. They then produce web listings and sales materials to sell the properties. They host open houses after the homes are posted and show and walk-through clients around the properties. To make sure their clients are receiving the best price and conditions, they interact with buyer's agents, assess, and negotiate offers. Agents in real estate who work for sellers are referred to by a variety of words. Many people have been confused by the prevalence of these synonyms.
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foreign exchange rates have been very blank since 1973 due to the many crises that have occurred in this period, such as the opec oil crises and the asian currency crisis. multiple choice question. volatile
foreign exchange rates have been very volatile since 1973 due to the many crises that have occurred in this period, such as the OPEC oil and the Asian currency crises.
The foreign exchange rate is defined as the price of one currency relative to another. The goal of foreign exchange is to compare one currency to another in order to determine their relative values.
The foreign exchange rate is also known as the rate at which one currency is exchanged for another, or the price of one currency expressed in terms of another currency.
Currency exchange rates can be either fixed or floating. The fixed exchange rate is determined by the country's central bank, whereas the floating rate is determined by market demand and supply dynamics.
Some factors influence the exchange rate, which can be economic, political, or psychological. Inflation, trade balances, and government policies are all known economic factors that cause fluctuations in foreign exchange rates.
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Answer:
Volatile
Explanation:
foreign exchange rates have been very blank since 1973 due to the many crises that have occurred in this period, such as the opec oil crises and the asian currency crisis. multiple choice question.
a company sells a product which has a unit sales price of $6, unit variable cost of $4 and total fixed costs of $140,000. the number of units the company must sell to break even is question 4 options: 480,000 units. 48,000 units. 80,000 units. 120,000 units
The point at which net income equals zero or contribution margin equals total fixed cost is referred to as the breakeven point, which can be expressed in terms of sales value or units sold.
Answer: a. 120,000 units.
What is the term "breakeven point"?
The point at which there are no losses or gains for your small business is known as the break-even point. This point is reached when total costs and revenue are equal.To put it another way, you have reached the point where a product's revenues and costs of production are equal.
What is the formula for the breakeven point?
Use the following formula to determine the break-even point in units: Break-Even point (in units) = Fixed Costs / (Sales price per unit - Variable costs per unit) or the following formula in sales dollars: Fixed Costs minus Contribution Margin is the break-even point in dollars for sales.
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roland wants to avoid paying for the training program and claims the contract is indivisible and thus unenforceable. is he correct?
Indeed, if Roland could prove that Parna's employment as a poker dealer was the primary goal of the contract, then declaring certain provisions unlawful would significantly alter the terms of the agreement.
By paying, what do you mean?To pay someone is to give them money in order to fulfill a duty or settle a debt. Pay is another word for exchanging money for something. Another definition of pay is salary or wages. Pay can be used in a wide variety of verbal and noun contexts.
Who pays the bill and what is their name?Payer and payor are synonymous terms. the person who makes the payment, fulfills the claim, or resolves a debt. For instance, the payor is the individual who writes the check or the employer who pays the employee.
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who should be on your personal default account team? a. coworkers from your department who want to know how you achieve all your success b. all the contacts for all your accounts c. coworkers you usually work with on your accounts d. customers who responded positively to the last marketing campaign check the quiz to earn 100 points
c. Coworkers you usually work with on your accounts should be on your personal default account team.
A team of users that collaborate on an account is known as an account team. They enable sharing, reporting, and process automation at the record-level. Account Teams use Team Roles to determine who is working on an account, and the team members are shown in Related Lists (on the Account Detail Page).
The Account Owner can create a default account team, which can subsequently be when necessary allocated to an owner's accounts. There can be only one default account team per user.
Each user may enter their default account teams (under My Settings, go to Advanced User Details). Use of Default Account Teams is optional and might not be appropriate for your organization.
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what would be your first response if you were asked your personal thoughts on strategic management as a tool
Strategic managements provides overall direction by developing overall direction by developing plans and policies designed to achieve objectives and then allocating resources to implement the plans.
What do we learn in strategic management?
In strategic management we can manage business and projects proactively with a focus on long term strategy, rather than reacting. It helps you to ensure that on the latest business growth strategies as well as on the newest tools for strategic planning models.
It helps has a specific goals that day to day basis, weekly, monthly and sometimes yearly. The organization helps in setting of competitive environment and coming up with strategies to help you achieve organization goals.
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would an employer find benefit in using an understanding of crystallized and fluid intelligence in a hiring practice?
The employer's understanding of crystallized and fluid intelligence in a hiring practice would benefit him.
It uses both types of intelligence. If you've ever faced a new difficulty and solved it by looking back on an experience, your fluid and crystalline intelligence has combined to your advantage.
Fluid intelligence is the ability to recognize, assess, and respond to unfamiliar situations. The term "crystallized intelligence" refers to the capacity to recall learned information. Both bits of intelligence is necessary to solve challenges.
Both fluid intelligence and crystallized intelligence, despite their distinctions, are equally important and even related.
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a company issues 6% bonds with a par value of $150,000 at par on january 1. the market rate on the date of issuance was 5%. the bonds pay interest semiannually on january 1 and july 1. the cash paid on july 1 to the bond holder(s) is:
The cash paid on july 1 to the bond holder(s) is: $4500
On January 1st, the business issues 6% bonds with a $150,000 par value at par. On the date of issuance, the market rate was 5%.
The corporation issues $80,000 par value, 6% interest-bearing bonds with interest due every two years. A bond is a debt security that resembles an IOU. Borrowers create bonds to get money from investors who are willing to lend to them for a set length of time. Lending money to the issuer, which could be a business, government agency, or both, is required to buy a bond.
We'll start by figuring out the bonds' annual interest accumulation.
$15000 * 6% = $9000
To determine the interest paid every two years,
$9000/ 2 = $4500
On July 1, $4500 was paid in cash to the bond holder or holders.
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if the executives of the u.s. silicon-chip industry lobby congress for protection from imports on the grounds that theirs is a new industry that needs time to develop technological efficiency, they are using the:
If executives in the United States' silicon-chip sector import protection on the grounds that their industry is nascent and requires time to increase technological efficiency, they are utilizing the national security argument.
The United States of America, sometimes known as the United States or America, is a country in North America. It is made up of 50 states, a federal district, five large unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. It is the third-largest country in terms of land area and total area. The United States shares geographical borders with Canada to the north and Mexico to the south. It shares maritime borders with the Bahamas, Cuba, Russia, and other countries.
It is the third most populated country in the world, with a population of over 331 million people. The United States is a highly developed country, and its economy is significant.
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congratulations! you were the 10th caller on the kmth morning show and you just won $4,000.00. after you calm down, you decide to put the money into a bank account so that you will have even more money for a trip to europe. snurling bank tells you that they will pay 10% per year compounded monthly. how much money will you have for your trip in 2 years? a) $4,880.56 b) $4,884.56 c) $4,881.56 d) $4,879.56 e) $4,877.56 f) none of the above.
Compound interest is the idea that interest is earned on top of interest from that point forward by adding accumulated interest back to the principal amount. Here, a month's worth of compound interest is calculated (time period). As a result, the time period is 12 times, and the interest rate is divided by 12.
The scenario states that the computation of the provided data is as follows:
The current value is $4000.
Rate = 7%
Monthly compound rate equals 10% times 12.
Duration = 2 x 12 = 84
So, using a financial calculator, we can estimate the value in the future.
FV = $4,884.56
Principal multiplied by one plus the interest rate divided by the number of periods, raised to the power of the number of periods, and that whole subtracted from the principal amount to yield the interest amount, is how monthly compounding is calculated.
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the term capital budgeting is used to describe how managers plan significant investments in projects that have blank implications.
The term capital budgeting is used to describe how managers plan significant investments in projects that have long-term implications. Capital budgeting also used to evaluate potential project and investment in the company or also government project.
In business and economics, capital budgeting generally can be defined as the process a business undertakes to evaluate potential major investments or also projects. The examples of projects that would require capital budgeting before they are rejected or also approved are construction of a big investment or a new plant in an outside venture. There are several methods of capital budgeting, such as payback period (PB), net present value (NPV), and also internal rate of return (IRR).
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in a closed economy, without the government, the consumption expenditure equals $5,000 and the investment expenditure equals $2,000. what is the national incom
In national income accounting, internet countrywide earnings (NNI) is internet countrywide product (NNP) minus indirect taxes.[1] internet countrywide earnings encompass the earnings of families, corporations, and the authorities. net countrywide profits are defined as gross domestic product plus internet receipts of wages, salaries, and assets earnings from overseas, minus the depreciation of constant capital assets (dwellings, homes, machinery, shipping gadget, and physical infrastructure) via put-on and tear and obsolescence.
Herbal assets are non-vital natural capital along with minerals. NNI* no longer takes critical natural capital under consideration. Examples are air, water, land, and so on.
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quantitative problem: you need $13,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 6 years, with the first payment to be made one year from today. he requires a 7% annual return. what will be your annual loan payments? do not round intermediate calculations. round your answer to the nearest cent.
The formula for computing the annual loan payments is provided and explained below:
PMT=P(r/n)/1-(1+r/n)^(-nt)
P=loan amount=$13,000
r=interest rate=7%
n=number of payments in a year=1
t= duration of loan= 6 years
PMT= 13,000*(7%/1)/(1-(1+7%/1)^(-1*6)
PMT=13000*0.07/(1-(1.07)^-6
PMT=$2727.35
A loan is whilst cash given to every other party in change for compensation of the mortgage's main quantity plus hobby. creditors will not forget a prospective borrower's earnings, credit score, and debt ranges earlier than identifying to provide them with a mortgage.
A secured mortgage makes use of an asset you very own as collateral; the lender can take the asset in case you do not pay off the mortgage. An unsecured mortgage calls for no collateral. They commonly have higher hobby prices than secured loans due to the fact they may be riskier for creditors.
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