Ruby obtained a loan of $90,000 towards the purchase of her new home. If the loan was 75% of the purchase price, how much did she pay for the home? O $125,000 (Dollars) O $115,000 (Dollars) O $145,000 (Dollars) O $120.000 (Dollars)
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- A suburban retail property in Arlington, Virginia with 60,000 square feet and 600 surface parking spaces was purchased for $6,000,000 at a cap rate of 6.0% with a 60% LTV interest-only loan at a 6% annual interest rate. If after six years the property appreciated by 60%, what would be the amount of the owner’s equity in the property at that time? a. $6,000,000 b. $2,400,000 c. $3,600,000 d. $9,600,000none of the above 17 18 Question 25 (1 point) ✔Saved 20 20 21 2 23 25 ✓ 24 24 Quiz Information @ 2 # * $ 3 4 Which of the following is not one of the Bardal Factors affecting the length of common law notice to which an employee would be entitled upon termination of employment? Age Length of Service Position of the Employee All of the above are Bardal Factors Submit Quiz 25 of 25 questions saved = e ZM f6 f5 Jo 5 6 & 7 IN hp ao f8 f9 KA f10 f11 f12 ins prt sc * 8 9 delete 奶 backspace W E R T Y U O P [ S D F G H J K X C V B N Σ アド L- 1 pause alt ctri < に38. Last year, the Montvilo family spent $1,745.10 for electricity. They are optingto use balanced billing for next year. What will their monthly payment beunder balanced billing? A. $1,745.10B. $290.85C. $174.51D. $145.43
- Use the following information for the next four questions: On Jan. 1, 20x1, Red Co. acquires P500,000 face amount, 10%, bonds of Ball Co. for P487,656. Red Co. incurred transaction costs equal to 5% of the face amount of the bonds. The bonds mature on Dec. 31, 20x3 and pay annual interest every Dec. 31. The bonds were quoted at 102 and 104 on Dec. 31, 20x1 and Dec. 31, 20x2. respectively.The buyer and seller are scheduled to close the sales transaction on Wednesday, June 14. The taxes for the year were $3,500 and were paid in arrears. How would this appear on a closing statement? O A credit and debit to the seller. O A credit to the buyer and a debit to the seller. O A credit to the seller and a debit to the buver. • A credit and debit to the buyer.Problem 3-11 Future Value of Reduced Spending [LO3-4] Brenda plans to reduce her spending by $80 a month. Calculate the future value of this increase in savings over the next 10 years. (Assume an annual deposit to her savings account, and an annual interest rate of 4 percent.) (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places. Future value
- matching.5. A telephone company purchased a microwave equipment for P6 Million with a salvage value of P600,000.00 over a period of 5 years and pay lump sum of P400,000.00 for maintenance cost. Minimum attractive rate of return is 16% annually. Compute the annual cost of investment of purchasing the microwave equipment. A. P1,592,362.54 B. P1,695,452.87 C. P1,803,374.41 D. P1,346,121.25A firm operated at 80% of capacity for the past year, during which fixed costs were $195,000, variable costs were 69% of sales, and sales were $940,000. Operating profit was a.$291,400 b.$648,600 c.$96,400 d.$77,120
- A 99-unit apartment building that was acquired for $2.7 million generates a 7.5% before tax annual return on equity with a $1.5 million 10-year interest-only first mortgage loan at a 5.0% annual interest rate. What is the debt service coverage ratio on the loan? a. 2.2 b. 1.83 c. 0.54 d. 2.7In 2015, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2015 was a normal year and that for thepast 10 years, earnings have grown at a constant rate of 10%. However, in 2016, earnings are expected to jump to $14.4 million and the firm expects to have profitable investment opportunities of $8.4 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionallyprofitable new product line introduced that year. After 2016, the company will return to its previous 10% growth rate. Keenan’s target capital structure is 40% debt and 60% equity.a. Calculate Keenan’s total dividends for 2016 assuming that it follows each of the following policies:1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings.2. It continues the 2015 dividend payout ratio. 3. It uses a pure residual dividend policy (40% of the…Question A During the year ended 30 Jun 2022, Cecilia, a resident of Australia, has received rents of S50,000 and salary of $27799. She also receives a fully franked dividend of $30,000 from a Company that pays tax at the 30% tax rate Har allowable deductions for the year are $12977. Required Calculate her taxable income. Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line