The rate after its first adjustment is 5%. The ARM adjustment would be controlled by the periodic cap, because the "true rate" or "fully-indexed rate" is
6.00% (1%+5%). Because the periodic cap
prevents the start rate from moving any more than 2%
at any given adjustment, the first move can only go as
high as 5.00%.
Answer:
Option (a) is correct.
Explanation:
Given that,
Annual revenues = $137,800,
variable costs = $82,600
Fixed costs = $11,000
Annual depreciation = $23,500
Tax rate = 34 percent
Annual Income before Taxes:
= Annual revenues - Variable cost - Fixed Costs - Depreciation
= $137,800 - $82,600 - $11,000 - $23,500
= $20,700
Net income:
= Annual Income before Taxes × ( 1 - T)
= $20,700 × 0.66
= $13,662
Annual operating cash flow:
= Net income + Depreciation
= $13,662 + $ 23,500
= $37,162
The answer for this question is: Out of state ID
When accepting out-of-state study, the institution is required to ask for additional information such as recent photos and document issuance date.
Since this type of ID make everything become complicated, a lot of individual establishments choose not to accept this type of ID.
Answer:
The answer may be a, as Starbucks has been copied many times over.
Answer:
$24,25
Explanation:
Cost per unit (Variable Costing) = Variable manufacturing costs
= Direct Materials + Direct Labor + Variable Overheads
= $ 9.00+$ 8.50+$ 6.75
= $24,25
Therefore, the total production cost per unit under variable costing if 25,000 units had been produced is $24,25