The Turners have purchased a house for $140,000. They made an initial down payment of $40,000 and secured a mortgage with interest charged at the rate of 8%/year compounded monthly on the unpaid balance. The loan is to be amortized over 30 yr. (Round your answers to the nearest cent.)
(a) What monthly payment will the Turners be required to
make?
$
(b) How much total interest will they pay on the loan?
$
(c) What will be their equity after 10 years?
$
(d) What will be their equity after 22 years?
$
In: Finance
Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $193,000 and the following divisional results.
Division | |||||||||
I | II | III | IV | ||||||
Sales | $250,000 | $198,000 | $496,000 | $443,000 | |||||
Cost of goods sold | 205,000 | 189,000 | 297,000 | 255,000 | |||||
Selling and administrative expenses | 70,000 | 63,000 | 61,000 | 54,000 | |||||
Income (loss) from operations | $ (25,000) | $ (54,000) | $138,000 | $134,000 |
Analysis reveals the following percentages of variable costs in
each division.
I | II | III | IV | ||||||||||
Cost of goods sold | 69 | % | 89 | % | 80 | % | 74 | % | |||||
Selling and administrative expenses | 37 | 61 | 51 | 58 |
Discontinuance of any division would save 50% of the fixed costs
and expenses for that division.
Top management is very concerned about the unprofitable divisions
(I and II). Consensus is that one or both of the divisions should
be discontinued.
(a)
Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Division I | Division II | ||||
Contribution margin | $ | $ |
b
) Prepare an incremental analysis concerning the possible discontinuance of Division I. (Round answers to 0 decimal places, e.g. 1525. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
C)Prepare an incremental analysis concerning the possible discontinuance of Division II. (Round answers to 0 decimal places, e.g. 1525. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
D) Prepare a columnar condensed income statement for Brislin Company, assuming Division II is eliminated. Division II’s unavoidable fixed costs are allocated equally to the continuing divisions. (Round answers to 0 decimal places, e.g. 1525. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
In: Accounting
A study published in 2008 in the American Journal of Health Promotion (Volume 22, Issue 6) by researchers at the University of Minnesota (U of M) found that 124 out of 1,923 U of M females had over $6,000 in credit card debt while 61 out of 1,236 males had over $6,000 in credit card debt.
10. Verify that the sample size is large enough in each group to use the normal distribution to construct a confidence interval for a difference in two proportions.
11. Construct a 95% confidence interval for the difference between the proportions of female and male University of Minnesota students who have more than $6,000 in credit card debt (pf - pm). Round your sample proportions and margin of error to four decimal places.
12. Test, at the 5% level, if there is evidence that the proportion of female students at U of M with more that $6,000 credit card debt is greater than the proportion of males at U of M with more than $6,000 credit card debt. Include all details of the test.
In: Math
Suppose an individual makes an initial investment of $1,800 in an account that earns 6.6%, compounded monthly, and makes additional contributions of $100 at the end of each month for a period of 12 years. After these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to $0). (Round your answers to the nearest cent.)
(a) How much is in the account after the last deposit is
made?
$
(b) How much was deposited?
$
(c) What is the amount of each withdrawal?
$
(d) What is the total amount withdrawn?
$
In: Finance
Tennis Application: How will the skills you have learned in playing tennis benefit your well-being in the future? How will this be useful to you?
In: Psychology
To create a home budget, you want to find out your net income,
which is your income minus your expenses.
Write a Java method that takes an input string and computes the
income minus the expenses.
The income components are indicated by numbers; while the expenses
from your spending are numbers starting with a minus sign
'-'.
The input string may contain lowercase and uppercase letters, as
well as other characters.
Note that Character.isDigit(char) tests if a char is one of the
chars '0', '1', ..., '9'. Also recall that Integer.parseInt(string)
converts a string to an int.
Test cases :
calcNetIncome("salary 15000yuan bonus2000 rent -1000Y") →
16000
calcNetIncome("25000 gross income, -200 water, electricity:-300") →
24500
In: Computer Science
Write historical background, structure, functions, features,
advantages of following international financial institutions
IMF
WB
SBP
OIC
SAARC
In: Accounting
Explain equalization,neutralization,proportioning and volume reduction with examples and in details.(50marks)
Need own answer and no internet answers r else i il downvote nd report to chegg.Even a single is wrong i il downvote.its 50marks question so no short answer minimum 10page answer required and own answer r else i il downvote.
Note:Minimum 10page answer and no plagarism r else i il downvote and report to chegg.Minimum 10 to 15page answer required r else dnt attempt.strictly no internet answer n no plagarism.
its 50marks question so i il stricly review nd report
In: Computer Science
In: Finance
"Please can I get a feedback on this discussion post below" Can I get it in 2 hours please .thanks
Tesla is a company recently in the news for a conflict of interest between the SEC and the CEO Elon Musk due to an interest to bring the company private by the CEO who shared on Twitter his short term plans. Production issues, a number of layoffs and the increasing demand for the electric vehicles were expressed by the CEO as reasons to bring the company private that would allow the company to restructure its company internally. The company has since rescinded its position remaining as a public company. The SEC stated that it was swaying investors by stating that the company would do so when it reached a stock price of $420 forcing investors to make a decision or artificially driving the stock price to the sale price in order to bring the company private faster. Elon Musk has previously tweeted about its stock price in terms of its standing in the market however this is the first where the market has reacted to his tweets negatively. Possible solutions to the situation would be to address investors by other measures in addition to Twitter. Twitter being a social network for CEO’s to interact with customers and investors directly however a more formal approach might have been ideal in this situation.
In: Accounting
Consider the following list of the different forces that shape our behaviour and lead up to respect rules and the law: values, community norms, fear of social disapproval, fear of legal consequences, peer expectations, sense of belonging and inclusion, desire not to be embarrassed, education, culture, laws, and socioeconomic needs. Which of these forces are the most important in shaping our behaviour? Which of these forces are used by the criminal justice system to shape our behaviour? What do you think are the implications of this?
In: Psychology
1) You are an investor evaluating a project which is going to take 8 years. The project will pay $500,000 at the beginning of each year starting a year from now. These payments will grow at 2% for the first two years, then 3.5% for the following two years and then stay consistent at 4% until the end of the project. In the last year of the project you will receive a lump sum of $1 million while also paying a lump sum of $200,000. If your expected return on this project is 12.5%, what is the PV of the project?
2) You are 20 years old and anitcipate you will have your first child when you are 25 years old. At 25 years old, you want to save at the end of each month for the next 18 years. You anticipate that when your child goes to college, tuition room and board to be paid at the beginning of each year will cost $20,000. Education inflation is expected to be at 4% each year. If you can earn 8.5% on investments from when you are 25 years until your child completes college and you put $2,000 down at 25 years old as you start investing, how much money in real dollars do you have to save to achieve this goal accounting for education inflation?
In: Finance
a.Normalize the wavefunction Ψ(x) = 1 in a space of 0 ≤ x ≤ ℓ
b. Find the probability of finding the particle in the subspace [0,ℓ/2 ]
c. Find the most-likely position of the particle in entire space
d. Find the most-likely position of the particle in the subspace [0,ℓ/3 ]
In: Chemistry
Suppose an individual makes an initial investment of $1,800 in
an account that earns 6.6%, compounded monthly, and makes
additional contributions of $100 at the end of each month for a
period of 12 years. After these 12 years, this individual wants to
make withdrawals at the end of each month for the next 5 years (so
that the account balance will be reduced to $0). (Round your
answers to the nearest cent.)
In: Finance
Project A will cost $10 million dollars and generate after tax cash flow of $5 million dollars per year for the next three years. Shareholders need to earn 30%. The risk free rate is 3%. The firm's cost of funds is 18%. What is the NPV?
In: Finance