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sertanlavr [38]
3 years ago
13

To calculate your monthly payment on a three year lease using the "residual value of a 26,500 MSRP car, subtract the 48% residua

l value from the MSRP and divide the result by the number of agreed upon monthsWhat is the approximate monthly payment on a three year lease agreement?
Business
1 answer:
rosijanka [135]3 years ago
3 0

Answer:382.77

Explanation:

Subtract 48% from $26,500, it'll give you $13,780, you then divide by 36 which is the number of months for the lease

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he Steel Mill is currently operating at 84 percent of capacity. Annual sales are $28,400 and net income is $2,250. The firm has
nignag [31]

Answer:

-911.51 the debt will decrease if sales increase 12%

Explanation:

sales: 28,400

increase of 12%

new sales:  31,808

<em><u>profirt margin:</u></em>

2,250/28,400 = 0.0792 = 7.92%

income: 31,808 x 7.92% = 2,519.19

retained earnigns grow: (1-payout ratio) = 0.6

2,519.19 x 60% =  1,511.514‬

Increase in working capital: 5,000 x 12% = 600

Asset requirement - reteined earnigns grow = financial needs

600 - 1,511.51 = -911.51

8 0
3 years ago
1) Show the effect of the following transactions on the Accounting Equation:
Dennis_Churaev [7]

Answer:

Assets=48,000

Liabilities=47,700

Capital=300

More explanations is as attached.

Explanation:

The accounting equation can be expressed as shown;

A=L+C

where;

A=assets

L=liabilities

C=capital

This is then written as;

Assets=liabilities+capital

More explanations is as attached.

Download xlsx
6 0
3 years ago
Lauren Barton, a single mother with three children, lived in Portland, Oregon. Cynthia VanHorn also lived in Oregon until she mo
AleksandrR [38]

The cengage learning for the mitigation is the difference between the agreed upon $72000 less what was earned from  the $25000 position that barton managed to obtain

<u>Explanation</u>:

Mitigation of damages:

In the case of barton v. vanhorn a court would consider barton's attempts at findings similar employment a reasonable step in mitigating her damages.

Under the doctrine of damage mitigation, a wrongfully terminated employee must look for other compartable employment, and subtract whatever you make from that job from what you request in damages.

Damages in the case would be the difference between the agreed upon $72000 less what was earned from  the $25000 position that barton managed to obtain.

6 0
3 years ago
If Jamie Lee does not want to pay more than $285 a month and is unwilling to take a loan for more than five years what is the ma
ioda

Based on the number of years that Jamie Lee wants to take the loan and the monthly payment, the maximum she is willing to pay is $17,100.

<h3>How much is the maximum that Jamie Lee wants to pay?</h3>

This can be found as:

= Maximum monthly payment x Number of months to pay

Solving gives:

= 285 x 5 years x 12 months a year

= 285 x 60 months

= $17,100

Find out more on maximum willingness to pay at brainly.com/question/19131867.

#SPJ1

6 0
2 years ago
A soft drink manufacturer protects a closely guarded formula for a recipe. What is this recipe an example of?
djyliett [7]

Answer: Trade secret

Explanation: Trade secret is an intellectual property through which a business gains economic and competitive advantage in the market over other participants. It can be in the form of practice, process or design etc.

In the given case, the manufacturer has a secret formula for its recipe which will benefit him in the market as only he knows it, therefore, we can conclude that he has a trade secret.

6 0
3 years ago
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