Answer:
She should take out a loan with a loan of 5 years period. In the cost and benefit term, it would better to take out the shorter loan period because automobile price tends to decrease in the following year after it has been bought. However, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with 620 credit score is 9.48%. Carmen able to pay 7.72% ((48 x 150)-(8,500-3,000))/(8,500-3,000) interest on 4-year loan and 12.72% ((60 x $150)-($8,500-$3,000))/($8,500-$3,000) on 5-year loan. It would be a safe decision to choose the 5-year loan because Carmen still able to pay the loan interest.
Explanation:
Answer:
The correct answer is (C)
Explanation:
Planning for capital expenditures is an important aspect which helps the organisation to grow in future and to mitigate the risks of financial distress. Amount spent on office equipment is not a part of planning for capital expenditures because in time fixed assets such as office equipment wear out or become superseded. All other reason are a part of planning for capital expenditures.
Answer:
$180 per pair
Explanation:
Return on Investment (ROI) is the ratio of net earning on the investment. It is used for the financial decision to compare different companies total earning over amount invested by the company.
Return on Investment = Net Income / Investment
As per given Condition
50% = Net Income / $1,800,000
Net income = $1,800,000 x 50%
Net income = $900,000
Net Income per pair of shoes = $900,000 / 5,000 pairs = $180 per pair
Um maybe a taxi if u already figured out the answer sorry