Question

Question 4 2 pts You obtain a mortgage for $280,000 at a 4% interest rate with yearly payments of $16,192. Fill out the mortgage schedule for year 1. (Round answers to the nearest dollar) Payment Interest Principal Date Year o Loan Balance $280,000 Year 1 Question 5 1 pts Based on the table below, what is the Leverage ratio for: (Round to 2 decimal places) Twitter Facebook Google Which company is the most risky capital structure: Twitter Facebook, or Google? Twitter $8,787,524,500 $2,861,118,500 Facebook $90,929,000,000 $11,692,000,000 Google $214,043,500,000 $49,978,000,000 Average Assets Average Liabilities Average Stockholders Equity $5,926,406,000 $79,237,000,000 $165,065,500,000

Answer 1

Answer to Question 4.

Date	Payment	Interest	Principal	Loan Balance
Year 0				$280,000
Year 1	$16,192	$11,200	$4,992	$275,008

Calculation:

Interest = $280,000 * 4% = $11,200

Annual Payment = $16,192

Principal Repayment = $16,192 - $11,200 = $4,992

Loan Balance = $280,000 - $4,992 = $275,008