Realgrades

C. they have no physical substance - correct answer Q 320. A common characteristic of all intangible assets is that A. they're depreciated over their useful life B. they're revalued annually C. they have no physical substance D. they're purchased E. they're internally developed capitalized equipment - correct answer Q 321. A company lists the following assets as intangible assets: capitalized equipment,...

Amortization is the process of paying off loans by regularly reducing the - correct answer principal Which of the following is the simplest form of loan - correct answer pure discount loan an interest rate expressed in terms of the interest payment made each period is called a - correct answer stated interest rate quoted interest rate when entering variables in an Excel funct...

fully amortizing loan - correct answer fully repaid at maturity by periodic reduction of the principal. When a loan is fully amortized, the payments the borrower makes are equal over the duration of the loan. Any mortgage other than a 30-year, fully amortizing, fixed-rate mortgage is a nontraditional mortgage. partially amortizing loan - correct answer a repayment schedule that is not sufficient to pay off the...

Accounting for The Use of Non-Current Assets - correct answer Non-current assets are purchased or sometimes leased for use in the ordinary activities of the business in order to generate sales revenue. Businesses must take into account the fact thar their non-current assets are gradually being used up, and so part of the original cost of the asset must be taken into account when calculating the expenses for an accounting period How to Calculate Depreciatio...

Which of the following best describes a borrower obtaining a loan where the payment includes principal, interest, taxes and insurance? - correct answer Answer: Budget Loan Explanation: A lender prefers a budget mortgage as real property taxes have a higher priority over other liens and the collateral for the loan is protected when it is insured. A fully amortizing loan means that the loan will have a zero balance at the end of the loan repayment term. A pa...

Three basic types of loans - correct answer 1. Pure discount loans 2. Interest-only loans 3. Amortized loans Pure discount loans - correct answer Loan in which the borrower receives money today and repays a single lump sum at some time in the future - simplest type of loan - common for short-term loans Interest-only loans - correct answer Loan in which the borrower pays inte...

formula - correct answer A(n) ________ in Excel™ is a software instruction to the program to calculate the quantities in cells on the worksheet. Answers: formula square root argument matrix true - correct answer One helpful use of an amortization schedule as an automobile owner is to know whether a trade-in allowance is satisfactory in the negotiation for another car before the first loan is paid. Answers: Tr...

In a constant payment loan calculation using PMT in Excel™, _______ represents the number of payments required in the loan schedule. - correct answer Nper One helpful use of an amortization schedule is to check off each payment as you make it and therefore always be aware of the current ____________ ______ - correct answer principle balance Joe has paid 18 payments of a 36 payment automobile loan. He went by to see...

If you make monthly payments of $2,500 for 8 years, determine the total payment over the lifetime of the loan. a. $20,000 c. $200,000 b. $30,000 d. $240,000 - correct answer d. $240,000 You have just inherited $150,261 from a trust that has matured. You would like to invest the total amount into an account that pays you an annual compounded interest rate of 9.1%, and you would like to make annual withdrawals over the next 20 years such that by the ...

4 categories of long-lived assets: - correct answer land, land improvements, buildings, equipment` Three characteristics: - correct answer physical substance, used in operations, not for sale to customers Operating expenditures: are/and on the journal are - correct answer costs incurred that only benefit the current period/expensed Capital expenditures: def/are included in - co...

What is the APR on a 30 year, $500,000 loan at 4%, plus a half a point? - correct answer 4.04 What is the APR on a 15 year, $300,000 loan at 3%, plus 4 points? - correct answer 3.57 What is the APR on a 20 year, $400,000 loan at 5%, plus 3 points? - correct answer 5.38 Given a $200,000 loan, monthly payments, 30 years at 3.75%, how much principle is paid over the first 72 month...

Example of finite geometric sequence - correct answer 1+ 1/3 + (1/3)^2 + (1/3)^7= (1/3)^8 - 1 ------------- 1/3 - 1 = 1.49977 What is the value of N? - correct answer the last exponent value in the set P=? R=? Y=? K=? - correct answer P= Amount borrowed R= interest rate per period Y- Payment per period K- Amount owed after k periods P1 equals - correct answer ...

1. Amortization is the process that allocates the cost of assets - correct answer that have no physical structure, but will last for more than one year Assets that provide service of one year or longer are called - correct answer fixed assets Depreciation is the process that allocates the cost of a(n) _______________ over its useful life - correct answer tangible capital asset ...

loan amortization - correct answer occurs when a borrower pays back the principal over the life of the loan amortized loans are repaid in: - correct answer equal periodic payments (annual, monthly...) to amortize a loan, you must know... - correct answer total amount of the loan, term of the loan, frequency of periodic payments, interest rate loan amortization schedule - correc...

Original loan is a - correct answer PVA The PVA - correct answer is the amount the bank is willing to "give" me in exchange for my stream of future payments. Loan amortization schedule is useful for... - correct answer Telling how much of each payment is principal and how much is interest. Depreciation - correct answer Spreads a TANGIB...

1 Exam (elaborations) Science 901 self test 2 study guide With Complete Answers. 2 Exam (elaborations) Chemistry- classification of organic compounds Certification Review Exam Questions With Correct Answers. 3 Exam (elaborations) TEST1 - 7 Major Functional Groups Test With Verified Correct Answers. 4 Exam (elaborations) Organic Chemistry 1 Final

proton - correct answer positively charged particles electron - correct answer 1. contained outside the nucleus 2. attract protons 3. negatively charged particles gamma ray - correct answer not affected by a magnet atoms - correct answer 1. mostly space 2. building block of matter solid - correct answer ...

carbon-carbon double bond Alkyne - correct answer carbone-carbon triple bond Aromatic - correct answer six atom ring with alternating double bonds Haloalkane - correct answer One or more halogen atoms Alcohol - correct answer Hydroxyl group (-OH) Ether - correct answer Oxygen atom bonded to two carb...

Amino - correct answer Sulfhydryl - correct answer Phosphate - correct answer Methyl - correct answer Hydroxyl - correct answer FUNCTIONAL PROPERTIES: -Is polar as a result of the electrons spending more time near the electronegative oxygen atom. -Can form hydrogen bonds with water molec...

Lewis Acid - correct answer Any species that can accept electrons Polar-Covalent Bond - correct answer A bond between two atoms differing in electronegativity by 0.5 - 2 Hydrophillic - correct answer A term used to describe a "water loving" species Bronsted-Lowry Acid - correct answer A compound that can donate a proton Electronegat...