How much are the approximately annual payments
You have been approved for a $70,000 loan toward the purchase of a new home at 10% interest. The mortgage is for 30 years. How much are the approximately annual payments of the loan?
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Karen, who is unmarried and not a head of household, had a long-term capital gain of $50,000 and a short-term capital loss of $30,000. Karen also has taxable income from non-capital gain sources of $25,000.
Fussner Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1,610 patient-visits and the actual level of activity was 1,670 patient-visits.
June 30 cash receipts of $2,724 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement.
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.a. Beginning cash balance on June 1, $94,000. b. Cash receipts from sales, $413,000. c. Budgeted cash disbursements for purcha
Grafton sells a product for $700. Unit sales for May were 400 and a 3% growth in unit sales is forecasted for each month. Grafton pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales in dollars.
Cabot Company collected the following data regarding production of one of its products. Compute the direct materials price variance. Direct Materials Standard $12 finished unit
Explain why the return-on-equity ratio is so much less favorable than the return-on-assets ratio compared to the industry. No numbers are necessary.
Easecom Company is a manufacturer of videoconferencing products. Regular units are manufactured to meet marketing projections, and specialized units are made after an order is received.
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