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4 years ago

9

Evelyn took out a car loan for $16,125 that has a 0% APR for the first 14 months and will be paid off with monthly payments over

6 years. For how many months will Evelyn be charged interest?

1 answer:

Sidana [21]4 years ago

6 0

She will be charged interest for 58 months

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standard 2 of uspap states that in appraising real property, an appraiser must "communicate each analysis, opinion, and conclusi

Nana76 [90]

standard 2 of uspap states that in appraising the real property, an appraiser must "communicate each analysis, opinion, and conclusion in a manner that is." Addresses the written or oral communication (reporting) of a real property appraisal.

The main difference between these two options is the content and scope of information provided. Appropriate reporting options and the amount of information required in a report depend on the intended use and the user's real property.

Real property refers to land that is physically present and has resources and structures attached to it and is extended in terms of ownership and use rights.

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1 year ago

You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'l

borishaifa [10]

Answer:

True

Explanation:

A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.

For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.

5 0

3 years ago

ou are comparing two mutually exclusive projects. The crossover point is 12.3 percent. You have determined that you should accep

Verdich [7]

Answer:

the options are missing:

Always accept Project A.
Accept Project B if the required return is less than 13.1 percent.
Be indifferent to the projects at any discount rate above 13.1 percent.
Accept Project B only when the required return is equal to the crossover rate.
Always accept Project A if the required return exceeds the crossover rate.

the answer is:

5. Always accept Project A if the required return exceeds the crossover rate.

The crossover point tells us that one project must be chosen if the IRR is higher than the cross over point, but if the IRR is lower, then the other alternative should be selected.

In this case, the cross over point is 12.3% and we are told that project A should be selected if the required IRR is 13.1%. That tells us that the alternative that we must choose above 12.3% is project A. Project B should be selected if the IRR is less than 12.3%.

3 0

3 years ago

East Publishing Company is doing an analysis of a proposed new finance text. Using the following data, answer Parts a through e.

Alik [6]

Answer:

a. Determine the company’s breakeven volume for this book. •i. In units ii. In dollar sales

total fixed costs = $70,000

variable costs per unit = $16

sales price = $30

contribution margin = $30 - $16 = $14

break even point in units = $70,000 / $14 = 5,000 textbooks

break even point in $ = 5,000 x $30 = $150,000

b. Develop a breakeven chart for the text.

units fixed costs variable costs total costs total sales

0 70000 0 70000 0

1000 70000 16000 86000 30000

2000 70000 32000 102000 60000

3000 70000 48000 118000 90000

4000 70000 64000 134000 120000

<u>5000 70000 80000 150000 150000 </u>

6000 70000 96000 166000 180000

I attached the graph that corresponds to this break even chart.

c. Determine the number of copies East must sell in order to earn an (operating) profit of $21,000 on this text.

($70,000 + $21,000) / $14 = 6,500 units

total sales = 6,500 x 30 = $195,000

d. Determine total (operating) profits at the following sales levels: i. 3,000 units •ii. 5,000 units iii. 10,000 units

i. $28,000 loss

ii. no gain/loss, break even point

iii. $70,000 gain

e. Suppose East feels that $30.00 is too high a price to charge for the new finance text. It has examined the competitive market and determined that $24.00 would be a better selling price. What would the break even volume be at this new selling price?

new contribution margin = $24 - $16 = $8

new break even point in units = $70,000 / $8 = 8,750 textbooks

3 0

3 years ago

If retailers such as walmart and target find that inventories are rapidly being depleted, would it have been caused by a rightwa

Elanso [62]

Answer:

Explanation:

To deplete is to reduce in quantity, so if a product depletes it means the demand of that product has increased, and an increase is represented by a rightward change.

The likely consequence would be to order for new products, there may be stock out costs such as loss of goodwill, loss of sales etc. Investment would increase for that product and period to exploit the sales better and increase earnings, so money would be spent to order, transport and store the product.

6 0

3 years ago