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bezimeni [28]
3 years ago
11

When interest rates are low, some automobile dealers offer loans at 0% APR, as indicated in a 2016 advertisement by a prominent

car dealership, offering zero percent financing or cash back deals on some models. Zero percent financing means the obvious thing—that no interest is being charged on the loan. So if we borrow $1,200 at 0% interest and pay it off over 12 months, our monthly payment will be $1,200/12 = $100. Suppose you are buying a new truck at a price of $25,000. You plan to finance your purchase with a loan you will repay over two years. The dealer offers two options: either dealer financing with 0% interest, or a $2,500 rebate on the purchase price. If you take the rebate, you will have to go to the local bank for a loan (of $22,500) at an APR of 6.5%. What would your monthly payment be if you used dealer financing?
Business
1 answer:
Dovator [93]3 years ago
4 0

Answer:

Monthly payment= $1,041.67

Explanation:

Giving the following information:

Suppose you are buying a new truck at a price of $25,000. You plan to finance your purchase with a loan you will repay over two years. The dealer offers two options: either dealer financing with 0% interest, or a $2,500 rebate on the purchase price. If you take the rebate, you will have to go to the local bank for a loan (of $22,500) at an APR of 6.5%.

Monthly payment= 25,000/24months= $1,041.67

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The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of
IrinaK [193]

Answer:

jvةنىعي تىهاخو٦ى ةلهةق ظىنلر تىلاىلا يعنب ان هناك الكثير

4 0
2 years ago
Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will . The dem
exis [7]

Answer:

decrease

increase

Frictional

) establishing government employment agencies to connect unemployed workers to job vacancies 

Explanation:

The options needed to answer the last question are :

a) extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government 

b) establishing government employment agencies to connect unemployed workers to job vacancies 

c) offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

It follows that if the world price of cotton falls, the quantity supplied would fall too as firms would reduce their production of cotton. If firms reduce their production of cotton, they would need less labour and the demand for Labour would fall.

In the industry that makes use of cotton has an input, the fall in world price would make cotton cheaper. The firm would increase the quantity demanded for and as a result production would increase. Firms would need more labour as a result of the increase in production. Therefore, the demand for Labour would increase.

Frictional unemployment is unemployment that results as a result of labour moving from one job to another

Establishing government employment agencies to connect unemployed workers to job vacancies would ease the job search of labour and reduce unemployment.

I hope my answer helps you

4 0
3 years ago
Hodgkiss mfg., inc., is currently operating at only 94 percent of fixed asset capacity. current sales are $740,000. how fast can
tangare [24]

Sales grow before any new fixed assets are needed is $156,480.

Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.

currently operating = 94 percent

current sales = $740,000

Full capacity sales = current sales/ Current capacity utilisation

                               = 500000/0.94

                               = $531,914.89

Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales

                                                                                 = 400000/531914.89

                                                                                 = 0.752

Total Fixed assets Needed for New Sales = 74000*0.752

                                                                      = 556480

Additional Fixed Assets needed = 556480 - 400000

                                                      = $156,480   answer.

Learn more about fixed assets here:-brainly.com/question/25746199

#SPJ4

7 0
1 year ago
A broker is an agent who: A. Trades on the floor of an exchange for himself or herself. B. Offers new securities for sale to dea
Annette [7]

Answer:

Specializes in bringing buyers and sellers together.

Explanation:

A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.

A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.

3 0
2 years ago
Innovative Products reported net income of $219,000. Beginning and ending inventory balances were $44,500 and $46,500, respectiv
andrew11 [14]

Answer:

$213,500

Explanation:

Given the information above, first, we'll determine increase in inventory

Increase inventory = Ending inventory - Beginning inventory

Increase inventory = $46,500 - $44,500

Increase inventory = $2,000

We will also calculate decrease in account payable

Decrease in accounts payable = Beginning accounts payable - Ending accounts payable

Decrease in accounts payable = $40,500 - $37,000

Decrease in accounts payable = $3,500

Therefore,

Net operating cash flows = Net income - Increase inventory - Decrease in accounts payable

Net operating cash flows = $219,000 - $2,000 - $3,5000 = $213,500

3 0
3 years ago
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