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7nadin3 [17]
4 years ago
12

A customer is considering buying a new $30,000 car and will put $6,000 down and will borrow the remaining $24,000 from the autom

obile finance company. Assume that this customer has $24,000 in the bank earning 4% interest, but does not wish to use this money to pay for the new car. What are the loan terms offered?
Business
1 answer:
Helen [10]4 years ago
8 0
He could take a personal loan or a automobile loan to cover costs or he could pay the 24K up front and take a loan of 6K so he can get the car.
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At an output level of 59,000 units, you calculate that the degree of operating leverage is 3.3. The output rises to 64,000 units
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Answer: Percentage change OCF = 27.96%.

Explanation:

Given that,

Output level = 59,000 units

Degree of operating leverage = 3.3

Output rises to 64,000 units,

Degree of Leverage = \frac{Percentage\ change\ in\ Operating\ cash\ Flow}{Percentage\ change\ in\ Quantity}

Percentage change OCF = Degree of Leverage × Percentage change in Quantity

= 3.3 \times \frac{64000-59000}{59000} \times 100

= 27.96%

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Answer:

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The USPAP represents the ethical and performance standards that real estate professionals must follow when they provide appraisals. It is updated every two years and real estate professionals that want to become real property appraisers must take and pass the national USPAP course, and every two years they must take the update course.

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4 years ago
Internal recruitment may be practiced in companies today. TRUE OR FALSE​
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True!.................
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3 years ago
Expansionary fiscal policy is typically used to __________ aggregate demand in order to ____________
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increase aggregate demand in order to escape a recession

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aleksandrvk [35]

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In this case, Chrissy's product (the lipsticks) is at the introduction stage, which is second stage of the life cycle, coming immediatly after the development stage ends.

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