+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.
- is getting bored soon (changing your mind), and not enjoying your childhood.
I hope i helped :)
Answer:
$18,117.58
Explanation:
the question requires that we find the minimum price Hank would need to receive his first car.
loan = $28,000
rate = 0.08/12 = 0.0067
the monthly payment can be calculated as:
loan /[0.0067/1-(1/(0.0067)^60))]
= 28000/[1-1/(1.0067^60)/0.0067]
= 28000/(1-(1/1.0067)^60)/0.0067
= $567.74
The minimum price can be calculated as:
pmt = 567.74 x [(1-(1/1.0067^36))/0.0067) x 0.0067
= $18,117.58
Answer:
c.
Explanation:
According to the Uniform Commercial Code (UCC) the sale of goods costing $500 or more is not enforceable without a writing or other specified evidence. This is touched upon in the statute of frauds within the UCC which is a state law that requires contracts for the sale of goods worth $500 or more to be in writing and signed by the parties in order to be enforceable, otherwise, they are not valid and cannot be used against someone in a court of law.
Answer:
1.54
Explanation:
As we know that
The DuPont Analysis is
ROE = Profit margin × Total assets turnover × Equity multiplier
So we considered this formula for Manufacturer A and Manufactured B
Profit margin × Total assets turnover × Equity multiplier = Profit margin × Total assets turnover × Equity multiplier
2.0% × 1.7 × 4.9 = 2.3% × Asset turnover × 4.7
16.66% = 10.81% × Asset turnover
So, the asset turnover is 1.54
We equate this formula for both Manufactured A and manufactured B
