Question: a ) $ 6 5 0 , 0 0 0 The correct calculation is: 5 6 , 0 0 0 ( I D ) -

a) $650,000
The correct calculation is:
56,000(ID)-(150,000(VD)x=0.07(RD))=45,500(IB)
45,5000.09(RB)=505,555(VB)
505,555(VB)+150,000(VD)=655,555(VD) book anwer to question 118 sent in earlier
 a) $650,000 The correct calculation is: 56,000(ID)-(150,000(VD)x=0.07(RD))=45,500(IB) 45,5000.09(RB)=505,555(VB) 505,555(VB)+150,000(VD)=655,555(VD) book anwer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!