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rodikova [14]
3 years ago
10

Patrick is a recent college grad and works full time. He lives in an apartment with his best friend. His share of the rent is $4

00 per month. His take home pay is over $3,500 a month. "I am ready to buy a car," he tells his best friend. "It says here in the paper that with just $100 down I can finance the purchase of a brand new car through the dealership. The sticker price of the car is $17,000. I would have to make 60 payments of $350 each. My credit union will allow me to finance the vehicle with no down payment for 48 payments of $425 each." When shopping around, Patrick finds the same vehicle with a 3 year lease for $250 a month with $500 down. At the end of his lease, Patrick has the option to buy the vehicle for $10,000. Patrick's current credit score is 725. If he chooses not to buy or lease a car, he can continue to take the bus. The cost of a bus is $60 a month. What amount can Patrick afford for transportation each month if he calculates 15% of his net budget for transportation? * 1 point $450 $475 $400 $525
Business
2 answers:
kotykmax [81]3 years ago
8 0

Answer: true

Explanation:

Firlakuza [10]3 years ago
6 0

Answer:

sorry i dont know tha answer but its on

quizlet

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Answer

Hi,

In a developing nation, global factors that can influence the economy are political populism, global insecurity and the refugee crisis

Explanation

Making the explanation from 2016, this year was a challenging and difficult one for the global economy. First it was marked by political populism where President Donald Trump, Marine Le Pen and other influential figures took advantage weak economies and low productivity growth to talk on real wages and consumption.

The U.S presidential election being a major political event in 2016, the main issue was on the possibility of restoring the US as a global force for stability after Obama. Security issue raised due to inferior foreign policies and unwillingness to direct military forces in difficult regions.

Refugee was a major factor during 2016 where millions of individuals entered Europe seeking asylum. Many people were displaced in 2015 with countries like Germany, Hungary and Sweden receiving high inflows of refugee.

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False.

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When profits are declared the company debits Retained Earnings (profits) for the divedend amount, and credited to Dividends Payable.

Dividend Payable is then debitted and Cash will be credited to show money has gone out.

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