Moore Company manufactures and sells a single product called a Lop. Operating at capacity, the company can produce and sell 30,000 Lops per year. Costs associated with this level of production and sales are given below: Unit Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling expense Fixed selling expense $15$ 450,000 240,000 90,000 270,000 120,000 180,000 9 Total cost $45 $1,350,000 The Lops normally sell for $50 each. Fixed manufacturing overhead is constant at $270,000 per year within the range of 25,000 through 30,000 Lops per year Required 1. Assume that due to a recession, Moore Company expects to sell only 25,000 Lops through regular channels next year. A large retail chain has offered to purchase 5,000 Lops if Moore is willing to accept a 16% discount off the regular price. There would be no sales commissions on this order, so variable selling expenses would be slashed by 75%. However, Moore Company would have to purchase a special machine to engrave the retail chain's name on the 5,000 units. This machine would cost $10,000. Moore Company has no assurance that the retail chain will purchase additional units in the future. Calculate the net increase/decrease in profits next year if this special order is accepted. in profits 2. Refer to the original data. Assume again that Moore Company expects to sell only 25,000 Lops through regular channels next year The provincial government would like to make a one-time-only purchase of 5,000 Lops. The government would pay a fixed fee of $1.80 per Lop, and it would reimburse Moore Company for all costs of production (variable and fixed) associated with the units. Since the government would pick up the Lops with its own trucks, there would be no variable selling expenses associated with this order. If Moore Company accepts the order, by how much will profits increase or decrease for the year? in profits 3. Assume the same situation as that described in (2) above, except that the company expects to sell 30,000 Lops through regular channels next year, so accepting the government's order would require giving up regular sales of 5,000 Lops. If the government's order is accepted, by how much will profits increase or decrease from what they would be if the 5,000 Lops were sold through regular channels? in profits

Answers

Answer 1

The company would experience a net decrease in profits of $95,000 if it accepts the government order and gives up regular sales of 5,000 Lops.

If Moore Company accepts the special order, it would sell an additional 5,000 Lops at a price of $42 ($50 * (1-16%)). The variable selling expense would be reduced to $67,500 ($270,000 * 75% / 5,000). The cost of the special engraving machine is $10,000.

The contribution margin of the special order would be:

Sales revenue: 5,000 x $42 = $210,000

Variable cost: 5,000 x ($15 + $9) + $67,500 + $10,000 = $181,500

Contribution margin: $28,500

If Moore Company does not accept the special order, it would sell only 25,000 Lops at the regular price of $50. The total contribution margin would be:

Sales revenue: 25,000 x $50 = $1,250,000

Variable cost: 25,000 x ($15 + $9) + $270,000 + $180,000 = $975,000

Contribution margin: $275,000

Therefore, the net increase in profits would be:

Contribution margin of special order - Contribution margin of regular sales = $28,500 - $275,000 = -$246,500

If the government order is accepted, the company would receive a fixed fee of $1.80 per Lop, which would cover all costs of production (variable and fixed). The company would not incur any variable selling expenses.

The total revenue from the government order would be:

Revenue: 5,000 x $1.80 = $9,000

The total cost of production (variable and fixed) for 5,000 Lops would be:

Cost of production: $45 x 5,000 = $225,000

Therefore, the net increase in profits would be:

Revenue from government order - Cost of production = $9,000 - $225,000 = -$216,000

The company would experience a net decrease in profits of $216,000 if it accepts the government order.

If the company accepts the government order, it would have to give up sales of 5,000 Lops through regular channels. The contribution margin from these sales would be:

Sales revenue: 5,000 x $50 = $250,000

Variable cost: 5,000 x ($15 + $9) = $120,000

Contribution margin: $130,000

If the government order is accepted, the company would still produce and sell 25,000 Lops through regular channels. The total contribution margin from these sales would be:

Sales revenue: 25,000 x $50 = $1,250,000

Variable cost: 25,000 x ($15 + $9) + $270,000 + $180,000 = $975,000

Contribution margin: $275,000

Therefore, the net increase in profits would be:

Contribution margin of regular sales - Cost of production of government order = $130,000 - $225,000 = -$95,000

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MARK YOU THE BRAINLIEST!
Managers need certain skills to be effective. As you have read, these skills fall into three main categories: technical skills, interpersonal skills, and conceptual skills. For this DB, tell which one of the three categories you think is the most important and why? Give detailed examples to support your response.

Answers

Answer:

Conceptual Skills

Explanation:

Conceptual skills are skills that enable individuals to identify, conceptualize, and solve intricate problems. These skills are important in the workplace because they allow professionals to think and work through abstract ideas and come up with multiple solutions to complex issues. Conceptual skills also allow people to understand how various parts of a company work together to reach common goals. They are especially useful in leadership positions but can be beneficial in nearly any job.

The ability to conceptualize complicated ideas and problems is highly valuable from a managerial perspective. Many professionals who work in managerial positions regularly have to deal with a myriad of perplexing scenarios, and having conceptual skills ensures these individuals can successfully handle these problems in a creative and effective way.

What is Helena Fogarty doing to build brand equity for Mi Ola?

Answers

Answer:

she is using social media to build brand equity.

Explanation:

Helena Fogarty is using social media as an advertising resource due to the fact that more and more people will see it since social media is a big platform. she is also using this to her advantage as she can get feed back in order to make adjustments to her products.

Helena Fogarty is using social media to build brand equity for Mi Ola.

Brand equity simply means the value premium that a business or company generates from a product with a recognizable name.

It should be noted that brand equity is also known as the brand worth of a company. It's the social value of a brand name. Helena Fogarty is using social media to build brand equity for Mi Ola. One can advertise its product on social media and create awareness. This will help improve sales and revenue.

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both public goods and common resources arequestion 38 options:rival in consumption.nonrival in consumption.excludable.nonexcludable.

Answers

Public goods and common resources are two types of goods that have different characteristics in terms of rivalrousness and excludability. Public goods are nonrival in consumption, which means that the consumption of one person does not affect the consumption of another.

Examples of public goods are national defense, street lighting, and public parks. On the other hand, common resources are rival in consumption, which means that the consumption of one person reduces the availability of the resource for others. Examples of common resources are fisheries, grazing land, and oil reserves.

Both public goods and common resources are nonexcludable, which means that it is difficult to prevent people from using them. This is because it is not feasible to charge people for the use of public goods or common resources, and it is difficult to enforce rules and regulations to prevent their use.

As a result, there is a risk of overuse and depletion of these resources, which can lead to negative consequences for society as a whole.

In summary, public goods and common resources have different characteristics in terms of rivalrousness, but both are nonexcludable. It is important for society to find ways to manage these resources in a sustainable way to ensure their availability for future generations.

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Why is it important to have a digest of deposition transcript prepared before a trial? to make it easier for the lawyer to find relevant information

Answers

Having a digest of a deposition transcript prepared before a trial is important for several reasons, with one key reason being to make it easier for the lawyer to find relevant information.

A deposition transcript is a record of sworn testimony given by a witness outside of the courtroom setting. It can contain a significant amount of information, including details, facts, and statements that may be relevant to the case.

Preparing a digest involves creating a concise summary or index of the deposition transcript, highlighting the key points, issues, and testimony. This allows the lawyer to quickly locate and reference specific sections of the deposition during trial preparation or in the courtroom.

A digest helps the lawyer efficiently navigate through the transcript, saving time and effort that would otherwise be spent searching for relevant information. It aids in identifying critical evidence, identifying inconsistencies or contradictions in witness statements, and preparing effective cross-examinations. By having a well-organized digest, the lawyer can effectively use the deposition testimony to support their case strategy and present a compelling argument in court.

In summary, having a digest of a deposition transcript prepared before a trial streamlines the review process, enhances trial preparation, and enables the lawyer to effectively utilize the relevant information during trial proceedings.

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Digitoll is a digital content company with offices in four cities across the world. Recently, Digitoll began using Sammer, an enterprise service, that allows employees to connect with each other. The use of this service has enabled a sense of community within Digitoll by facilitating communication, collaboration, and knowledge sharing. Identify the management approach used by Digitoll.a. Relational dialecticsb. Cultivation analysisc. Systems thinkingd. Social business

Answers

Answer:

d. Social business

Explanation:

Social business can be defined as a strategic tool whose objective is to engage the stakeholders of an organization. That is, it is the internal and external online integration communities that combined will generate value for an organization, in addition to helping to achieve several advantages, such as creating value, integrating with work, innovation, exchange of knowledge, increased motivation , building stronger relationships, etc., which are significant advantages for positioning the company in the competitive environment and expanding its communication and positive perception of stakeholders.

guysss i need helpppp
what color is a carrot plzzzzzz this teacher is on my a.ss about it

Answers

Answer:

BLUE Hope this helps :)))))

Explanation:

............

Answer:

totally megenta

Explanation:

☺️☺️☺️☺️☺️☺️☺️☺️

Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valuable product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide _______ for money.

Answers

Answer:

Price skimming

value for money

Explanation:

Price skimming is the pricing strategy in which businesses charge higher prices for the product initially and then start to reduce the price. The customers pay the high price charged for the product because of unique features of the product. Customers find the product value for money and so they are satisfied with the high prices.


Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.

a.Inflation

b.Dumping

Answers

Answer:

inflation

Explanation:

this a process by which prices of a particular goods are high

December 31,2022.80,000 options were granted at an exercise price of $35 per share. Market prices of the stock were as follows:
December 31,2023 - $46 per share
December 31,2024 - $51 per share
The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1,2023 . The option pricing model determines total compensation expense to be $800,000. What amount of compensation expense should the corporation recognize as a result of this plan for the year ended December 31, 2023?

Answers

The corporation should recognize $400,000 as compensation expense for the year ended December 31, 2023.

To determine the compensation expense to be recognized for the year ended December 31, 2023, we need to calculate the portion of the total compensation expense that corresponds to the services rendered during that year.

The options were granted for a two-year period starting from January 1, 2023. Therefore, for the year ended December 31, 2023, only one year of service has been provided.

To calculate the compensation expense for 2023, we can divide the total compensation expense of $800,000 by the total two-year service period:

Compensation expense for 2023 = Total compensation expense / Total service period

= $800,000 / 2

= $400,000

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explain what information is included in a director's report provide at least four points or examples​

Answers

Answer:

General corporate information.

Operating and financial highlights.

Letter to the shareholders from the CEO.

Narrative text, graphics, and photos.

Management's discussion and analysis (MD&A)

Financial statements, including the balance sheet, income statement, and cash flow statement.

More items...•

Answer:

yah

Explanation:

explain what information is included in a director's report provide at least four points or examples​

You need $76,000 in 11 years. If you can earn .43 percent per month, how much will you have to deposit today?

Answers

Answer:

$ 43,135.67

Explanation:

The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:

PV=FV/(1+r)^n*m

PV=the unknown present value

FV=$76,000

r=monthly interest rate=0.43%

n=number of years=11

m=number of months in 1 year=12

PV=$76,000/(1+0.43%)^(11*12)

PV=$76,000/(1+0.43%)^132

PV=$76,000/1.761883042

PV=$ 43,135.67  

Please help!! This is for economics

Which type of market is the one in which a fast-food company buys the eggs to make a person's favorite breakfast sandwich?

Product market
Factor market
Financial market
Closed market

Answers

The market in which the business buys eggs to make the final product that is a sandwich is called as factor market. Thus, Option B is the correct choice.

What is a Factor market?

A factor market is a marketplace wherein elements of manufacturing are bought and sold. Factor markets allocate elements of manufacturing, along with land, labor, and capital, and distribute profits to the proprietors of efficient resources, inclusive of wages, and many more.

Therefore, The market in which the business buys eggs to make the final product that is a sandwich is called factor market. Thus, Option B is the correct choice.

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prepare a check sheet for the above car repair shop data:

Answers

Car Repair Shop Check Sheet Defect/Issue | Frequency of Occurrence Engine Problems Transmission Issues |Brake System Faults |Electrical Malfunctions |Suspension Troubles

Tire and Wheel Problems |Fluid Leaks |Exhaust System Defects |Air Conditioning Failures |Other Issues |In the above check sheet, you can list various common defects or issues that are encountered in the car repair shop. The employees or technicians can use this sheet to mark the frequency of occurrence for each issue by putting a checkmark or tally mark in the corresponding column.The check sheet serves as a visual representation of the frequency of different issues, allowing the shop to identify patterns and prioritize areas that require attention. It helps in gathering data systematically and provides a snapshot of the most common problems faced by customers.

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In the long run, monopolistically competitive firms: Group of answer choices charge prices equal to marginal cost have excess capacity produce at the minimum of average total cost have excess capacity and produce at the minimum of average total cost

Answers

Answer:

have excess capacity

Explanation:

As we know that in the case of monopolistically competitive firms, the output produced is less efficient as compared to the other market in the long run

Also

P = ATC

But

ATC > ATC or ATC > MC

This ATC > MC arise when there are differentiated products due to which the demand curve is downward sloping

Hence, the second option is correct

Which of the following describes a food retailer?


uses products from farmers and ranchers, commodity processors, and food manufacturers to offer food to their customers

supports the farmers and ranchers with feed and seed

transports the farmers’ and ranchers’ products and the processed and manufactured food products throughout the system

buys the processors’ products to make prepared food

Answers

Answer:

transports the farmers and ranchers

Answer:

B

Explanation:

Explain why experience is such a critical factor in improving driver safety. Select one: a. Studies show that drivers with experience recognize hazards more rapidly, regardless of age b. The question is misleading: in fact, studies show that experience does not improve driver safety c. Experience as a driver improves the motor skills and vision essential to sale driving
d. Experience is only beneficial to driver safety because older drivers are safer; older drivers with less experience are safer than younger drivers with more experience

Answers

It is believed that experience is such a critical factor in improving driver safety.  Studies show that drivers with experience recognize hazards more rapidly, regardless of age. Thus, the correct answer is option A.

The awareness of the driver is the key element of the driver safety. As awareness requires being cognitively and perceptually engaged with the driving job and the surrounding environment, it is essential for driver safety.

Being aware of the road, identifying potential risks, keeping situational awareness, and being sensitive to shifting traffic patterns and other cars are all examples of driving awareness.

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Aldo Vitterini, the firm’s CEO, is concerned about his firm’s future, however. He is, in fact, considering moving his firm’s headquarters from Innsbruck, Austria, to Bolzano, in Italy, to take advantage of the availability of lower costs of newspaper, magazine, and radio advertising when booked from an Italian source. He is also concerned that the appearance on the rivers of the area of vessels from Switzerland, Slovenia, and even Hungary may negatively impact his business. Vitterini's idea of moving his corporate headquarters to Bolzano is motivated by:

Answers

Answer:

These are the answer choices for the question:

- lower costs of promotion

- better service to customers

- lower tax rate

- more customers

And this is the correct answer choice:

- lower costs of promotion

Explanation:

We can see in the question, that Vitterini main rationale for moving his firm's headquarters from Innsbruck to Bolzano, is that the costs of materials, associated with the promotion services of the company, are cheaper: newspaper, magazine, and radio advertising.

Give (2) examples how we deal with "Scarcity"

Answers

Answer:

Either increasing supply or lowering demand

Explanation:

increasing supply:

e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them

lowering demand:

finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand

- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)

- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)

but these two are pretty much the same so

also please note I don't take any courses on supply and demand other than geography so I might be completely wrong

Newsela Minimum wages

Answers

1) (C) The Congressional Budget Office released a mixed-bag analysis in 2014

that found that adopting a $10.10 minimum wage nationwide would lift

900,000 people out of poverty while eliminating 500,000 low-income

jobs.

2) (B) 2 and 3

You have to figure the rest out

hope it helps!

What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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10. Amy is excited because she just opened her own consulting firm. Amy loves being her own
boss and not having to consult with anyone else before she makes decisions. Eventually, she
even hopes to incorporate and enjoy some additional tax advantages. The only downside is
that she has invested all the money herself. If the business fails, she could go bankrupt. What
kind of business does Amy own?
A) Sole proprietorship
B Partnership
c) Cooperative
D) Corporation

Answers

A sole proprietorship is the kind of business does Amy own. Thus, option 'A' is the correct option.

What is a sole proprietorship?

A sole proprietorship is a form of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A solo proprietor may hire staff members and does not always operate alone.

The sole proprietor is solely responsible for all losses and obligations and receives all gains (subject to business-specific taxes). The owner of the firm is the owner of all of the company's assets and is also responsible for all of the company's obligations. In contrast to a partnership, which has at least two owners, it is a "single" proprietorship.

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25 points and will mark brainliest!!!


Tickets for 2 adults and 4 children at a theme park cost £152.
An adult ticket costs twice as much as a child ticket.
Write and solve an equation to work out the price of an adult ticket​

Answers

Explanation:

Let x be the price of an adult ticket.

Then 0.5x is the price of a child ticket.

We have 2x + 4(0.5x) = £152, therefore 4x = £152 and x = £38.

Hence the price of an adult ticket is £38.

What does it mean if your net assets increase

Answers

When a company earns income, it becomes larger because net assets have increased. Even if a portion of the profits is later distributed to shareholders as a dividend, the company has grown in size as a result of its own operations.

Answer:  When a company earns income

Explanation: the value of a company's assets minus its liabilities. It is calculated ((Total Fixed Assets + Total Current Assets) – (Total Current Liabilities + Total Long Term Liabilities)).

following distance (the distance between the taxi and the lead car) was recorded. The sample mean following distance was 3.50 meters and the sample standard deviation was 1.13 meters. ( )m Interpret the interval. (b) What assumption must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece? We need to assume that taxi drivers used in the study are all drive the same make and model car. We need to assume that taxi drivers used in the study are representative of all taxi drivers in Greece. We need to assume that taxi drivers used in the study are representative of all drivers who have used the simular We need to assume that taxi drivers used in the study are representative of all drivers in Greece. We need to assume that taxi drivers used in the study are all using the same mobile phone.

Answers

a) Interpretation of the interval is as follows: There is a 95% chance that the true average following distance of all the taxi drivers in Greece lies between 3.17 meters and 3.83 meters.

The following interval is obtained by using the formula for a confidence interval where the sample mean following distance is 3.50 meters, the sample standard deviation is 1.13 meters, sample size is 100, degrees of freedom (df) is 99, and t (value for 95% confidence interval) is 1.984 (obtained using t-distribution table). Thus, the interval is calculated as follows: $$(\bar{x}-t_{\alpha/2}\frac{s}{\sqrt{n}},\bar{x}+t_{\alpha/2}\frac{s}{\sqrt{n}})$$$$=(3.50-1.984\frac{1.13}{\sqrt{100}},3.50+1.984\frac{1.13}{\sqrt{100}})$$$$=(3.17,3.83)$$b)

The assumption that must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece is that the taxi drivers used in the study are representative of all taxi drivers in Greece. Therefore, option B is correct. It is important to have a random sample of taxi drivers to ensure that the results of the study can be generalized to the population of all taxi drivers in Greece. If the sample is not random and representative, the results of the study cannot be applied to the population and it would not be valid to generalize the findings.

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During the year, Plum Company has a SUTA tax rate of 4.8%. The taxable payroll for the year for FUTA and SUTA is $123,400. Compute: Round your answers to the nearest cent. a. Net FUTA tax $fill in the blank 1 b. Net SUTA tax fill in the blank 2 c. Total unemployment taxes

Answers

The Net FUTA tax is $740.4,  Net SUTA is $5,923.2 and  Total unemployment taxes is $6,663.6.

Net FUTA tax, Net SUTA tax  and Total unemployment taxes

A. Net FUTA tax

Net FUTA tax= $123,400 x 0.6%

Net FUTA tax= $740.4

B. Net SUTA tax

Net SUTA tax= $123,400  x 4.8%

Net SUTA tax= $5,923.2

C. Total unemployment taxes

Total unemployment taxes= $5,923.2 + $740.4

Total unemployment taxes= $6,663.6

Therefore the Net FUTA tax is $740.4,  Net SUTA is $5,923.2 and  Total unemployment taxes is $6,663.6.

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With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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Creating an emergency fund to pay for unexpected expenses is known as __________________________________.

a
Backdoor Budgeting
b
"Saving for a Rainy Day"
c
Opening a Mutual Fund
d
Placing your money in a CD

Answers

Answer:

b

"Saving for a Rainy Day"

Explanation:

"saving for rainy day' is a phrase that means putting some money a side  for use in times of need. The phrase encourages  people to save money for emergency use.  As a rule of thumb, one should have at least three times their normal income as savings.

The United States’ central bank, the , holds the account balances of the country’s commercial banks. These are called .

1st drop menu: Federal Reserve, Bank of America, Goldman Sachs, Capitol Federal
2nd drop menu: Deposit Money, Bankers' Deposits, Online Banking

Answers

Answer:

Reserves

Explanation:

The Federal Reserve is the regulator and banker to commercial banks in the US. All commercial banks are required to open and operate an account with the Federal Reserve. The money that commercial banks deposits in their accounts at the federal reserve is known as reserves.

The Federal reserves use the reserves just as the commercial banks make use of customer deposits. 'Bank reserves' is another term that refers to commercial bank deposits.

for each separate case, record the necessary adjusting entry. on july 1, lopez company paid $2,500 for six months of insurance coverage. no adjustments have been made to the prepaid insurance account, and it is now december 31. zim company has a supplies account balance of $7,600 at the beginning of the year. during the year, it purchases $3,300 of supplies. as of december 31, a physical count of supplies shows $1,450 of supplies available. prepare the year-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the supplies account and the supplies expense account as of december 31.

Answers

Debit Insurance expense and credit  Prepaid insurance by 2500, Debit Supplies expense and credit supplies by 9,450.

                         

The entry will be as follows:

Journal                                            Debit                   Credit

a. Insurance expense            2,500  

               Prepaid insurance                        2,500

 ( To record insurance expense)    

b. Supplies expense                     9,450  

            Supplies                                          9,450

 ( To record supplies expense)    

Working notes:

Supplies beginning = $7,600

Supplies purchased = $3,300

Supplies, ending = $1,450

Supplies expense = Supplies, beginning + Supplies purchased  - Supplies, ending

= 7,600+3,300-1,450

= $9,450

A company's insurance expense includes the cost of the insurance contract as well as any additional premium payments. The company's payment is recorded as an expense for the given accounting period.

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A loan of $105,487.80 is to be amortized over a 10-year term at 6% interest compounded monthly with monthly payments and a $20,000 balloon payment at the end of the term. Calculate the monthly payment.
The monthly payment is $
(Do not round until the final answer. Then round to two decimal places as needed.)

Answers

Answer:

  $1049.09

Explanation:

The present value of the balloon payment is ...

  $20,000/(1 +.06/12)^(12·10)) = $10,992.65

So, the effective amount of the loan is ...

  $105,487.80 -10,992.65 = $94,495.15

The amortization formula gives the payment as ...

  A = P(r/n)/(1 -(1 +r/n)^(-nt)) = $94,495.15(.06/12)/(1 -(1 +.06/12)^(-12·10))

 = $94,495.15(.005)/0.450367 = $1049.09

The monthly payment is $1049.09.

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trina wants to be a nurse practitioner or doctor for her future career. which ctso would be best for trina to join? Probability See picture attached Utility refers to the Multiple Choice satisfaction that a consumer derives from a good or service. usefulness of a product. rate of decline in a product demand curve. relative scarcity of a product. In a market economy, what impact can a product shortage haveon a product's price?How does a product surplus influence the product's price in amarket economy? Informational hand-holding:A.should normally be avoided except in the most personal situations.B.arises from an organization's sensitivity to customers discomfort.C.refers to prioritizing face-to-face communication above other methods.D.is not useful with internal customers. A toxin present in scorpion venom prolongs the duration of action potentials in nerve cells. which of these actions would best explain how this toxin exerts its effect? The slope of a line is and the y-intercept is (0, 6). What is the equation of the line in slope-intercept form? Explain the path of the "pollution". Asp plz do right now COMPLETE THE WORKSHEET How did the Americans use local geography to their advantage in the Battle of Bunker Hill?A The Americans blocked British access to Boston Harbor with their ships.B. The Americans assembled along the north shore of the Charles River.C. The Americans took a position on a hilltop overlooking Boston Harbor.D. The Americans lured the British into a valley and attacked from the hills above. which of the following is NOT included in the music of the Highlands of Luzon? What term or phrase can be used to describe the process of networks linking to one another using a variety of tools and strategies Land that is not used for timber production or farming but supports various vegetation, such as shrublands, deserts, and grasslands, are consideredOrangelandsO wildernessOmarginal landO arable land The car can round a curve of 90ft radius on a level road if the coefficient of static friction between the tires and the road is 0.75. determine the maximum speed of the car. (10 points) How aggressive should a grant manager become in cleaning up an embarrassing error? The circumference of a circle is 10 m. What is the area, in square meters? Express your answer in terms of . In September 2021, a (hypothetical) listed media company revealed it had incurred losses on its strategy to invest hundreds of millions of dollars in listed securities which were the result of the sale of half of its TV and magazine interests to a private equity firm, a strategy which the company had not revealed to the market. The companys share price closed at its lowest level since January 2021.Why do you think the share price fell? Using what you have learned from accounting theories and capital market research to critically evaluate the reasons According to evolutionary personality theory, men prefer physically attractive women because A. the attributes we call beautiful are associated with youth and fertility. B. physically attractive women tend to be in better health. C. physically attractive women tend to be stronger, thus better able to survive. D. they want physically attractive offspring. a senate committee consists of 5 republicans, 6 democrats, and 2 independents. a subcommittee of 3 members is randomly chosen. what is the probability that the subcommittee (a) consists of 3 republicans?