Business, 03.09.2019 21:30 sharperenae9533
Risoner company plans to purchase a machine with the following conditions: purchase price = $300,000. the down payment = 10% of purchase price with remainder financed at an annual interest rate of 16%. the financing period is 8 years with equal annual payments made every year. the present value of an annuity of $1 per year for 8 years at 16% is 4.3436. the present value of $1 due at the end of 8 years at 16% is .3050. the annual payment (rounded to the nearest dollar) is
a. $39,150
b. $43,200
c. $62,160
d. $82,350
Answers: 2
Another question on Business
Business, 21.06.2019 17:00
Herman is covered by a cafeteria plan by his employer. his adjusted gross income (agi) is $100,000. he paid unreimbursed medical premiums in the amount of $10,500 and he itemizes deductions. what amount will herman be able to deduct for his medical insurance premium expenses?
Answers: 1
Business, 21.06.2019 20:20
Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.
Answers: 3
Business, 21.06.2019 22:50
The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300
Answers: 2
Business, 22.06.2019 06:00
Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection
Answers: 1
You know the right answer?
Risoner company plans to purchase a machine with the following conditions: purchase price = $300,00...
Questions
Geography, 26.11.2020 14:00
Business, 26.11.2020 14:00
English, 26.11.2020 14:00
Mathematics, 26.11.2020 14:00
Geography, 26.11.2020 14:00
Geography, 26.11.2020 14:00
Mathematics, 26.11.2020 14:00
