Assuming a 360-day year, when a $49,200, 90-day, 6% interest-bearing note payable matures, the total payment will be ______ .
Round your answer to the nearest whole dollar.
a. $2,952
b. $49,938
c. $52,152
d. $49,200

Answers

Answer 1

Answer:

b. $49,938

Explanation:

The computation of the total payment is shown below:

Total payment is

= Principal + interest amount

where,

The Principal is $49,200

And, the interest is

= $49200 × 6% × 90 days ÷ 360 days  

= $738

Now

Total payment is

= $49,200 + $738

=  $49,938

hence, the correct option is b. $49,938

The same is to be considered


Related Questions

A stock had returns of 18.58%, -5.58%, and 20.81% for the past three years. What is the variance of returns?

Answers

Answer:

Variance = 0.02141851

Explanation:

We first calculate the mean for the stocks

Mean = (0.1858 - 0.0558 + 0.2081) / 3

Mean = 0.3381 / 3

Mean = 0.1127

Variance = [(0.1858 - 0.1127)^2 + (- 0.0558 - 0.1127)^2 + (0.2081 - 0.1127)^2] / 3 -1

Variance = [0.0731^2 + (-0.1685^2) + 0.0954^2] / 2

Variance = 0.00534361 + 0.02839225 + 0.00910116 / 2

Variance = 0.04283702 / 2

Variance = 0.02141851

The variance of returns is 0.02141851

In the steady state, investment is ________ and net investment is ________.

c. positive; zero

Answers

Answer:

c. positive; zero

Explanation:

In the steady state, investment is positive and net investment is   zero.

A steady-state describes a scenario where the investment level in an economy matches depreciation.  New investments increase capital stock. Growth or positive investment is possible where new investments are greater than depreciation. In a steady-state, the net investment is zero because depreciation erodes the value of new investments.

The __________ is an integrated set of actions taken to produce goods or services (at an acceptable cost) that customers perceive as being varied in ways that are important to them.

Answers

Answer:

Differentiation strategy

Explanation:

This question defines the differentiation strategy. It is an approach which businesses develop whereby they provide their customers with unique and different goods and services than what other competing firms may have to offer in the market. The main goal is to have an advantage increase in the market compared to others.

What do franchisees typically have to pay to the franchisor?
a. One-time franchise fee
b. Nominal fee for business knowledge
O c. Monthly royalties based on sales
d. One-time franchise fee and monthly royalties based on sales
O e. Approximately half of the franchise's profits each month

Answers

Answer:

E because I looked it up

Explanation:

e

Approximately half of the franchise's profits each month the franchisees typically have to pay to the franchisor. Thus, option E is appropriate.

An alliance between a franchisor with a franchisee is known as a franchise. The original company is the franchisor. It promises to sell a license for its name and idea. The franchisee invests in the right to promote and advertise the franchisor's products and services using an established brand business strategy.

If you purchase a franchise either an investor or a franchise, you can operate a business. You receive a format originator system created by the business (franchisor), a license to use its name for a predetermined period, and help in exchange for paying a franchise fee.

Thus, option E is correct.

Learn more about the Franchise here:

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Lynn purchases a house for $52,000. She converts the property to rental property when the fair market value is $115,000. After deducting depreciation (cost recovery) expense of $1,130, she sells the house for $120,000. What is her recognized gain or loss?
a. $0.
b. $6,130.
c. $37,630.
d. $69,130.

Answers

Answer:

d. $69,130.

Explanation:

The computation of the recognized gain or loss is shown below:

= Sale value of the house - (Purchase value of the house - depreciation expense)

= $120,000 - ($52,000 - $1,130)

= $120,000 - $50,870

= $69,130

Hence, the above amount represents the recognized gain

Therefore the correct option is d. $69,130

The Costaguanan stock market provided a rate of return of 97%. The inflation rate in Costaguana during the year was 81%. In Ruritania the stock market return was 17%, but the inflation rate was only 4%. Calculate the real rate of return for Costaguanan stock market.

Answers

Answer:

The answer is "[tex]\bold{8.8\% \ and \ 2.16 \%}[/tex]".

Explanation:

Fischer relationship centered:

[tex]\to (1 + Nominal\ rate) = (1 + Real\ rate) \times (1 + Inflation)\\\\\to \text{For Costaguanan Stock},\\\\\to (1 + 97 \%) = (1 + Real \ rate) \times (1 + 81 \%)\\\\[/tex]

[tex]\to (1 + 0.97 ) = (1 + Real \ rate) \times (1 + 0.81 )\\\\\to (1.97) = (1 + Real \ rate) \times (1.81)\\\\ \to (1 + Real \ rate) = \frac{1.97}{1.81} \\\\\to (1 + Real \ rate) = 1.088 \\\\\to Real \ Rate = 1.088 -1 \\\\[/tex]

                     [tex]= 0.088 \\\\= 8.8\%[/tex]

[tex]\text{For Ruritania Stock,}[/tex]

[tex]\to (1 + 17 \%) = (1 + Real \ rate) \times (1 + 4 \%)\\\\\to (1 + 0.17 ) = (1 + Real \ rate) \times (1 + 0.04 )\\\\\to (1.17) = (1 + Real \ rate) \times (1.04)\\\\\to (1 + Real \ rate) = \frac{1.17}{1.04}\\\\\to (1 + Real \ rate) = 1.216\\\\\to Real \ rate = 1.216 -1[/tex]

                    [tex]= 0.216 \\\\=2.16 \%[/tex]

What is the present calue of 1000 received 10 years in the future if interst rates are 10% compounded quarterly?

Answers

Answer:

The present value is $57.31.

Explanation:

Future value, FV = $ 1000, n = 10 years, rate = 10% and m = 3.

FV = PV[tex](1 + r)^{mn}[/tex]

where FV is the future value, PV is the present value, r is the rate, m is the number of periods, n is the number of ears.

⇒ 1000 = PV[tex](1 + 0.1)^{10*3}[/tex]

             = PV[tex](1.1)^{30}[/tex]

1000 = PV x 17.4494

PV = [tex]\frac{1000}{17.4494}[/tex]

     = 57.31

The present value is $57.31.

1. Why do you think that there’s a huge gap in theory (what we know we should do) and practice (what we’re actually doing) of leadership development?

2. What are some reasons that companies might not be addressing Gen Y leadership development programs?

Answers

Answer:

1. Theories are based on assumptions.  It is practice that verifies the underlying assumptions behind every theory, using real-life experiences.   If theories are not put to use, they remain theories with untested assumptions.

2. The current leadership does not understand the millennials.  The millennials are operating with tools that look too sophisticated for the current leadership.  There is much confusion between what the Gen Y millennials want to achieve and the expected achievement targets being set by the current leadership. Leadership development programs for the Gen Y can only be implemented when misunderstanding is removed.

Explanation:

Leadership development includes all the processes that expand the capacities of individuals to perform in leadership positions by facilitating the execution of a company's strategy, building alignments, and winning mindsets while growing the capabilities of others to succeed the current leaders.

There is a more gap between the theory and the practice because the theories are totally based on the assumptions whereas the practice is fully depending on the theory.

Why there is a gap between theory and practice?

(1).

There is a huge gap in theory and practice in the leadership style  because the theories are established or fully founded on assumptions.  

But in the practice, it confirms the implicit premises or assumptions behind every theory by using real experiences of life.

Its theories are not taken place, then the practice is also not works.

(2).

The cutting-edge management does now no longer recognize the time period.  

The time period is run away with power train, that visual aspect too state-of-the-art for the cutting-edge management.

Leadership improvement packages for the Gen Y can handiest be carried out whilst false impression is removed.

There is a lot of confusion among what the Gen Y millennials need to accomplish, and the expected fulfillment targets being set through the cutting-edge management.

Therefore, there are the difference between the theory and practice.

Learn more about leadership, refer to:

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Earth Movers, Inc., uses dynamite to prepare land for highway projects. Strict liability is imposed on this activity because:_______

a. Earth Movers is a corporation
b. The activity is inherently negligent
c. The activity is abnormally dangerous
d. The government pays for highway Construction

Answers

Answer: c. The activity is abnormally dangerous

Explanation:

Strict liability is also referred to as the absolute liability, and this term means legal responsibility for injury or damages, despite the fact that the individual or business that's found strictly liable wasn't negligent or probably at fault for the injury to damages.

In this case, if Earth Movers, Inc., uses dynamite to prepare land for highway projects, a strict liability is imposed on this activity because it is abnormally dangerous.

Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also paid dividends of $0.2 million this year. If the sales is projected to increase by 20% next year, what is the projected retained earnings for next year?

Answers

Answer:

$1.86 million

Explanation:

Given the above data, we can calculate the retained earning for next year to be;

Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends

= $1.8 million

When dealing with tangible products, consistency is usually measured in terms of:_____.
A. Features.
B. Attributes.
C. Systems.
D. Defects.

Answers

Answer:

D. Defects

Explanation:

In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.

Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.

This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are entrepreneur, land, labor, and capital, which are generally referred to as the four (4) factors of production.

A tangible product refers to any product that can be physically touched by the end users or consumers such as electronic gadgets, bread, furniture, cooking utensils, etc.

When dealing with tangible products, consistency is usually measured in terms of defects. Any goods (products) manufactured by a company that is consistently devoid of defects such as broken parts or missing parts is generally considered to be of high quality and as such consumers would feel safe to use or buy such tangible products at all times.

Mustang Corporation reports the following for the month of April:
Finished goods inventory, April 1 $ 31,300
Finished goods inventory, April 30 25,500
Total cost of goods manufactured 1 18,700
The cost of goods sold for April is:_______.
a. $61,900.
b. $124,500.
c. $112,900.
d. $173,700.
e. $150,000.

Answers

Answer:

COGS= $124,500

Explanation:

Giving the following information:

Finished goods inventory, April 1 $ 31,300

Finished goods inventory, April 30 25,500

Total cost of goods manufactured 118,700

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 31,300 + 1$118,700 - 25,500

COGS= $124,500

Who owns the factors of production in a planned economy?
A.
Individuals
B.
Nobody
C.
The church
D.
The government

Answers

Answer:

A. Individuals

Answer:

D.

Explanation:

Under a command economy, governments own the factors of production. This is also sometimes referred to as a planned economy. (I like to call it a command economy, but it's the same thing.)

The following information is available for Silver Company for the three months ended March 31, 2019:

Merchandise inventory, January 1,
2013 $900,000
Purchases 34,00,000
Freight-in 2,00,000
Sales 48,00,000

The gross margin recorded was 25% of sales. What should be the merchandise inventory at March 31, 2019?

a. $700,000
b. $1,125,000
c. $900,000
d. $1,200,000

Answers

Answer:

c. $900,000

Explanation:

The ending inventory is calculated as;

Beginning inventory

$900,000

Add: Purchases

$3,400,000

Add: Freight in

$200,000

Total purchase Balance

$3,600,000

Cost of goods available

$4,500,000

Less: Cost of (goods estimated)

($3,600,000)

Ending inventory

$900,000

Therefore, the merchandise inventory at March 31, 2019 is $900,000

A manager wishes to build a 3-sigma range chart for a process. The sample size is five, the mean of sample means is 16.01, and the average range is 5.3. What are the UCL and LCL, respectively, for this range chart?

a. 33.9 and 11.2
b. 6.3 and 0
c. 11.2 and 0
d. 33.9 and 0

Answers

Answer:

c. 11.2 and 0

Explanation:

The computation of the upper control limit and the lower control limit is shown below:

Average Range = R  = 5.3

Now

The Upper control Limit is

= D4 × R

= 2.115 × 5.3

= 11.2095

And,  

The Lower control limit is

= D3 × R

= 0 × 5.3

= 0

Hence, the correct answer is Option C i.e. 11.2 and 0

A building is acquired on January 1, at a cost of $920,000 with an estimated useful life of 10 years and salvage value of $82,800. Compute depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.)

Answers

Answer:

when you compute depreciation expense using the double declining method, the salvage value is not included in the depreciation calculation. You continue to depreciate the asset until you reach its salvage value:

depreciation expense year 1 =  2 x 1/10 x $920,000 = $184,000depreciation expense year 2 =  2 x 1/10 x $736,000 = $147,200depreciation expense year 1 =  2 x 1/10 x $588,800 = $117,760

Question Mode Multiple Choice Question Preferred stockholders: Multiple choice question. have the right to receive dividends only if there are enough dividends to pay the common stockholders too. must receive dividends every year. must receive more dividends per share than the common stockholders. have the right to receive dividends only in the years the board of directors declares dividends.

Answers

Answer:

d. have the right to receive dividends only in the years the board of directors declares dividends.

Explanation:

Preferred shareholders have the right to receive dividends in the priority to the common shareholders of the company unit. In other words, if there is sufficient funds with the company to declare dividends both to preferred and common shareholders, then in that case, preferred shareholders will be entitled the right to receive dividends first, and remaining amount will be distributed to common shareholders. Only that, they have this right only when the board of directors declares dividends.

On its first day of trading, Twitter closed at $41.57 per share. Two years later and the price was $26.85, what was the annual return on the stock if returns are compounded daily?
A. 21.86%.
B. -21.85%.
C. -5.99%.
D. -19.63%.

Answers

Answer:

B. -21.85%.

Explanation:

Calculation for the annual return on the stock

First step is to calculate the Number of periods

Number of periods = 2 * 365 days in a year

Number of periods= 730

Second Step is to calculate the Daily return using this formula

Daily return = (Future value / initial value)^1/n - 1

Let plug in the formula

Daily return = (26.85 / 41.57)^1/730 - 1

Daily return = (0.645898)^1/730 - 1

Daily return = 0.999401 - 1

Daily return = -0.00059861*100

Daily return = -0.059861%

Last step is to calculate annual return

Using this formula

Annual return=Daily return/ Numbers of days in a year

Annual return = -0.059861% * 365

Annual return = -21.85%

Therefore the annual return on the stock if returns are compounded daily will be 21.85%

International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called

A. commission house brokers

B. exporting trade companies

C. business trade unions

D. domestic channel companies

Answers

Answer: B. exporting trade companies

Explanation:

Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.

Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.

Commission house brokers is simply an individual who helps in representing people who have properties.

Therefore, the answer is exporting trade companies.

Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417

Answers

Answer:

A) -$651,233

Explanation:

The computation of the benefit generated of the remodelling project is shown below:

If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)

And, the predicted cost is $3,400,000

So here the cost is there instead of the benefit of

= $2,748,767 - $3,400,000

= -$651,233

Hence, the correct option is A

WHAT IS IT?
1.it can be use as thickening agent or as a weak glue
3.a food spread made from dry roasted peanuts

Answers

Answer:

I believe its Peanut Butter.

If the balance in the account 7 months after the final deposit is $8, 000, how large is each deposit?

Answers

Answer:

the first part of the question is missing:

Suppose that you make a sequence of 31 equal monthly deposits into an account paying a nominal rate of 6.7% convertible quarterly.

we need to determine the present value of the $8,000 at the moment that you stop making the monthly payments.

the effective annual interest rate = (1 + 6.7%/4)⁴ - 1 = 6.87%

the effective monthly interest rate = (1 + 6.87%)¹/¹² - 1 = 0.55523%

the value at the moment that you finish making the deposits = $8,000 / (1 + 0.0055523)⁷ = $7,695.86

now we can calculate the monthly payments using the future value of an annuity formula:

future value = monthly payment x FV annuity factor

monthly payment = future value / FV annuity factor

future value = $7,695.86FV annuity factor, 31 periods, 0.55523% = 33.72594

monthly payment = $7,695.86 / 33.72594 = $228.19

Which type of behaviors accounts for most of the differences in both employee commitment and job​ performance?

A. Narcissistic behaviors
B. ​Change-oriented behaviors
C. ​Relationship-oriented behaviors
D. Emotional behaviors
E. ​Task-oriented behaviors

Answers

Answer:

​Relationship-oriented behaviors

Explanation:

I did the assignment

Employee commitment is associated with the enhanced performance of the organization. Employee commitment has been linked to increased job satisfaction, motivation, and participation.

The business must place a greater emphasis on increasing employee dedication to superior efficiency.

The correct option is C. ​Relationship-oriented behaviors.

This is the correct option because the staff is offered task-oriented behavior in order to get things done and guarantee that corporate goals are reached. Showing care for employee sentiments and treating employees with respect are examples of people-oriented leader behavior.

People-oriented leaders sincerely care about their workers' well-being, and they show it through their personal behavior.

To know more about relationship-oriented behaviors, refer to the link below:

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You invested in a 3-month certificate of deposit at your bank. Your investment was $1,902, and at the end of the term you will receive $2,178.
a. What is the holding period return (HPR) on your investment? (Round your answer to 2 decimal places.)
b. What is the annual percentage rate (APR)? (Round your answer to 2 decimal places.)
c. What is the effective annual rate (EAR)? (Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

The computation is shown below:

a. Holding period return would be

= Income + (End of Period Value - Initial Value) ÷ Initial Value

= 0 +($2,178 - $1,902) ÷ $1,902

= 0 + $276 ÷ $1,902

= 14.51%

b. The annual percentage rate is

For 3 months, the rate is 14.51%

Now

For 12 months, it is

= 14.51% ÷ 3 ×  12

= 14.51 % × 4

= 58.04%

c. The effective annual rate is

= ( 1 + r ÷ m)^m - 1

= (1 + 58.04% ÷ 4)^4 - 1

= (1 + 0.5804 ÷ 4)^4 - 1

= (1 + 0.1451)^4 - 1

= (1.1451)^4 - 1

= 1.719387079 - 1

= 0.719387079 or 71.94%

Headers and footers are handling instructions. True False

Answers

Answer:

False

Explanation:

Answer:

its true

Explanation:

edg got it correct

Select the benefits of mentoring goal process PLS HELP ASAP

Answers

Answer:

Mentoring relationships can result in the following:

Increased knowledge transfer.

Job satisfaction.

Smart succession planning.

Development of leadership skills.

Motivation for professional development and accountability.

Achievement of goals and objectives.

Stronger internal networks.

Increased teamwork.

Explanation:

What is the competitive position of Emirates in the industry and how does this position influence the competitive forces it faces

Answers

Answer:

Emirates Airline is considered a major airline in the Middle East. It operates approximately 2,200 flights weekly across Dubai and the United Arab Emirates (Doganis, 2002). Its headquarters are conveniently located in Dubai where most of it flights are coordinated. Emirates Airline is also known to operate one of the longest flights in the world. Emirates Airline is part of the Emirates Group. The airline is owned by the Dubai government, one of the countries within the United Arab Emirates group. The Emirates Airline was established in 1985 following the collapse of the Gulf Air.

You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantly rises to 7% and stays that way for the duration of your loan. Based on the above information, ceteris paribus (all else equal), today: Group of answer choices

Answers

Here is the answer choice to the question

a. the real rate of interest on your loan is 14%.

b. the real rate of interest on your loan was previously 10% and is now 35%.

c. the real rate of interest on your loan is now –2%.

d. you will pay the lender back exactly $9,500.

e. you will pay the lender back exactly $10,700

Answer:

C. the real interest rate on your loan is now -2%

Explanation:

The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate

Inflation rate = 7%

Nominal interest rate= 5%

= 5 percent - 7 percent

= -2%

The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.

Employers can attract employees by offering
a. better health benefits
b. flexible working hours
C. longer vacation periods
d. all of the above

Answers

It’s D: All of the above.

Answer:

D ALL OF THE ABOVE

Explanation:

Determine the order in which the following budgets are generally prepared.
A. Material purchases budget select a number.
B. Sales budget select a number.
C. Budgeted income statement select a number.
D. Production budget select a number.

Answers

Answer:

The order in which the following budgets are generally prepared are as arranged below:

1. Sales budget

2. Production budget

3. Material purchases budget

4. Budgeted income statement

In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement

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