subject
Business, 28.01.2020 06:31 hooplikenari

On january 1, 2021, gundy enterprises purchases an office building for $195,000, paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-year mortgage. installment payments of $1,819.91 are due at the end of each month, with the first payment due on january 31, 2021
record the purchase of building on january 31,2021.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:00
Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk
Answers: 1
question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
question
Business, 22.06.2019 20:20
You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take
Answers: 2
question
Business, 22.06.2019 20:30
The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.
Answers: 3
You know the right answer?
On january 1, 2021, gundy enterprises purchases an office building for $195,000, paying $45,000 down...
Questions
question
Mathematics, 05.04.2021 20:40
question
Mathematics, 05.04.2021 20:40
Questions on the website: 13722361