Answer:
Option (a) is correct.
Explanation:
Given that,
Variable cost per rented = $20
Average price charged per night for the room = $100
Fixed cost = $100,000
Target profit = $20,000
Contribution margin per room = Average price - Variable cost
= $100 - $20
= $80
Now, we need to determine the number of rooms rented out by dividing the sum total of fixed cost and target profit by the contribution margin per room.
Therefore, the number of rooms will be rented out is calculated as follows;
= (Fixed cost + Target profit) ÷ Contribution margin per room
= ($100,000 + $20,000) ÷ $80
= $120,000 ÷ $80
= 1,500
Answer:
a
Explanation:
For a subsidized Loan Payment Calculation, Brian's monthly payment will be approximately $170.94 and for an unsubsidized loan, the monthly payment will increase to $192.90Correct options:
(a) Subsidized loan monthly payment: $190.76
(b) Unsubsidized loan monthly payment: $215.77
Explanation:
The subject of this question is a mathematical calculation of loan payments, under subsidized and unsubsidized conditions. Brian took a loan of $14,505 in college with an annual interest rate of 7.8%.
Subsidized loan calculation: As the loan is subsidized, the interest does not accrue during Brian's time in college. Hence, the total loan amount remains $14,505. Using standard formulae, we find that the monthly payment with an interest rate of 7.8% over 10 years amounts to approximately $170.94.
Unsubsidized loan calculation: In this case, interest does accrue during Brian's time in school. Hence, the total amount due at the time of graduation will be $14,505 + ($14,505 * 0.078) * 2 = $16,467.78. Using the same formula as above, we find the monthly payment over 10 years is approximately $192.90.Correct options:
(a) Subsidized loan monthly payment: $190.76
(b) Unsubsidized loan monthly payment: $215.77
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Answer:
(a) If Brian's loan is subsidized, the interest on the loan does not accrue while he is in school. Therefore, the loan amount of $14,505 remains the same throughout the 2 years he is in school.
To find Brian's monthly payment after graduation, we need to calculate the monthly payment for a loan of $14,505 at an annual interest rate of 7.8% for a term of 10 years (120 months).
To calculate the monthly payment, we can use the formula for the monthly payment on a loan:
Monthly payment = (Loan amount * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of months))
First, let's calculate the monthly interest rate. The annual interest rate of 7.8% needs to be converted to a decimal and divided by 12 to get the monthly interest rate:
Monthly interest rate = 7.8% / 12 = 0.065
Next, let's substitute the values into the formula:
Monthly payment = (14,505 * 0.065) / (1 - (1 + 0.065)^(-120))
Calculating this expression will give us the subsidized loan monthly payment.
(b) If Brian's loan is unsubsidized, the loan will accrue simple interest during the 2 years he is in school. To find the monthly payment for an unsubsidized loan, we need to calculate the interest that accrued during those 2 years and add it to the loan amount before using the formula for the monthly payment.
To calculate the interest that accrued during the 2 years, we can use the formula:
Interest = Loan amount * Annual interest rate * Time
Substituting the values, we get:
Interest = 14,505 * 0.078 * 2
Calculating this expression will give us the interest accrued.
To find the total loan amount after the 2 years, we add the interest accrued to the original loan amount:
Total loan amount = 14,505 + interest accrued
Then, we can use the formula for the monthly payment as explained in part (a) to calculate the unsubsidized loan monthly payment:
Monthly payment = (Total loan amount * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of months))
Calculating this expression will give us the unsubsidized loan monthly payment.
Explanation:
MARK ME BRAINLIST
B. Indicating how the resource can be used when deployed at the incident site
C. Providing detailed information about the best sources for procuring a needed resource
D. Linking resources needed to execute typical response and recovery activities
B) A set of integrated programs that manage a company's vital business operations across multiple functional areas
C) A system that supports the planning, executing, and controlling of all activities involved in raw material sourcing and procumbent, converting raw materials to finished products, and warehousing and delivering finished products to customers
D) A system that tracks the accounting records of a business
E) A system that helps manage customer information, customer encounters, marketing and advertising campaigns, sales, service after the sale, and customer loyalty programs
Answer: The correct answer is "A) A system that captures detailed data created by business processes".
Explanation: A Transaction Processing System is a system that captures detailed data created by business processes.
It is generally one of the most widely used types of system since it effectively facilitates the repetitive routine transactions that arise from commercial processes of any kind. This system works with data, but does not analyze or organize it, that is, it does not transform it into information.
B.) Work Value
C.) Aptitude
D.) Interest
Answer:
2273
Explanation:
In this question, we are asked to calculate Tom Tom’s maximum depreciation for this first year.
The term maximum depreciation is accounting principle talks about to what extent has the value of an asset been used.
To calculate his maximum depreciation, we need to be conversant with some conventions. The mid-month convention is what we need to understand here. What the convention assumes is that an asset which is placed into service during a given month is assumed to have been placed into
Such service at the middle of such month in question. Also, it is also assumed that disposing an asset at the beginning of one month or any other time of the month is same as disposing the said asset at the middle of the month. This is what the mid month convention is talking about.
It must also be noted that Residential property has a 27.5-year recovery period. The depreciation is thus $2,273 ($100,000 x 2.273%). This gives us the value of the maximum depreciation