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worty [1.4K]
2 years ago
14

Andy took out an unsubsidized student loan of $11,000 at a 7.2% APR, compounded monthly, to pay for his last two semesters of co

llege. If he will begin paying off the loan in 15 months, how much will he owe when he begins making payments?
Business
2 answers:
kramer2 years ago
8 0

$12,032.68, since Andy is responsible for the interest on the loan that accrues before he starts making payments.

Brut [27]2 years ago
5 0

Answer:

$12,032.68, since Andy is responsible for the interest on the loan that accrues before he starts making payments. - APEX

Explanation:

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Some major technology companies have faced scrutiny in the past when it comes to labor and human rights on the overseas supplier
Serjik [45]

Answer: The answer is provided below

Explanation:

With overseas factories that continue to move to new locations with a lower labour costs, the monitoring and controlling working conditions becomes a challenge. Research has shown that companies do little to monitor human rights violations in the low-cost supply chain locations.

A scandal involving Apple was reported in 2014 at a manufacturing building in China. The building which was owned by Catcher Technology Co., manufactures metal iPad covers for iPhones. Some findings included hiring discrimination, locked safety exits, excessive work hours, and also unpaid overtime each month totalling about $290,000 in owed wages. The factory was reported to have been dumping its industrial fluids and waste into nearby rivers, and also not providing proper toxic equipment for the employees.

Human rights of these people saw n those area are being abused by having them exposed to pollution, which can lead to lung diseases.

Companies like Apple have said that they are continuing to monitor situations like this, and are fixing them, but we still hear cases of more wrongdoings, therefore you have to wonder how vital these issues truly are to the firms involved.

4 0
2 years ago
On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O
Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned  method:

Cost to acquire share of the Pacific Corporation             $2,850,000

Less:Net Assets Acquired of Sand Corporation

       Sand Net Assets                     $3,000,000

       Excess value of land               $200,000

       Excess value of equipment    $150,000

       Fair value of non-compete     $300,000

                                                       $3,650,000                 ($3,650,000)    

Add:Net Assets portion of the Non controlling interest   $912,500

($3,650,000*25%)

Good will                                                                              $112,500

3 0
2 years ago
On December 31, 2021, Gardner Company holds debt securities classified as HTM with a face amount of $100,000 and a carrying valu
Liono4ka [1.6K]

Answer:

there are no options, but the journal entry should be:

Dr Cash 2,500

Dr Investment in bonds 350

    Cr interest revenue 2,850

Explanation:

Since the bonds' carrying value is less than the face value, it means that Gardner Company purchased them at a discount. When the bonds were purchased, the investment in bonds account's balance was not $100,000 (the par value), instead it was recorded at the lower amount at which they were purchased. As coupon payments are received, the discount on the bonds is amortized and their carrying value should increase until it reaches par value on maturity date.

4 0
2 years ago
All of the following represent cash outflows to the firm excepta. Taxes.b. Interest payments.c. Dividends.d. Purchase of plant a
Sergio039 [100]

All of the following represent cash outflows except E; Depreciation.

Further Explanation:

Cash outflows to a firm/business is how much cash for the business is available after taxes and capital are paid for. Interest payments, dividends and the purchase of equipment for the plant is considered into the cash flows.

Depreciation will not be part of the cash flow. This is considered to be a non-cash expense to the business/firm. This is an ongoing charge to the fixed assets of the business. This actually reduces the cash flow by reducing the monies paid for income taxes.

Learn more about depreciation at  brainly.com/question/9862781

#LearnwithBrainly

7 0
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Brian wants to conduct an online search with a certain phrase. He intends to use the words business strategies that were adopted
12345 [234]

he should type the whole phrase into a search engine and have quotation marks

6 0
2 years ago
Read 2 more answers
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