Business, 27.07.2021 22:30 BlueWaaaazzzBerry
When Ruth purchased her house, she took out a 30-year annual payment-mortgage with an interest rate of 5.5%. The annual payment on the mortgage is $12,000. She has just made a payment and has now decided to pay the mortgage off by repaying the outstanding balance.
What is the amount of the loan taken? What is the payoff amount if:
a) She has lived in the house for 10 years?
b) She has lived in the house for 19 years?
c) She has lived in the house for 10 years and she decides to pay off the mortgage immediately before the 10th payment is due?
Answers: 2
Business, 22.06.2019 19:30
Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)
Answers: 2
Business, 23.06.2019 01:30
What is the minimum educational requirement for a pediatric psychopharmacologist? a. md b. phd c. bachelors in medicine d. masters in medicine e. psyd
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Business, 23.06.2019 02:50
Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?
Answers: 1
When Ruth purchased her house, she took out a 30-year annual payment-mortgage with an interest rate...
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