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Julli [10]
3 years ago
6

How does increasing the size of your down payment impact your auto loan?

Business
1 answer:
Murljashka [212]3 years ago
8 0

Answer:

When you increase the size of a down payment, reduces the amount of money you will need to borrow. This applies to auto loans, mortgages, etc. Your total financial cost will be smaller because you will pay less interest, because the principal is smaller.

Explanation:

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Insurance can help you: evefi
leva [86]

Insurance can definitely help you in case of an emergency.

Hope this helps!

8 0
4 years ago
A software company is weighing whether to release a new version of its software. The company can go ahead and release the versio
pentagon [3]

This is an example of vaporware where the company is planning to launch the software and will correct errors along with upgrades.

<h3>What is software?</h3>

A sequence of instructions, data, or programs used to control computers and perform certain activities is known as software. Applications, scripts, and programs that operate on a device are referred to as software.

Vaporware refers to products that are announced but never produced or officially cancelled. It is publicized months or years before it is supposed to be deployed with little information about its development available.

This strategy is useful as it stops customers to avoid switching to competitors' brands and products. These will help to create a buzz in teh market and helps in the retention of the customer.

Learn more about vaporware, here:

brainly.com/question/13078205

#SPJ1

8 0
2 years ago
Flapjack Corporation had 7,712 actual direct labor hours at an actual rate of $12.20 per hour. Original production had been budg
TEA [102]

Answer:

b.$7,172.16 favorable

Explanation:

(standard\:rate-actual\:rate) \times actual \: hours = DL \: rate \: variance

std rate          $  13.13

actual rate  $  12.20

actual hours       7,712

difference between actual and standart rate $0.93

As it is positive the variance is favorable as we spend less per hour than standard.

Now, we multiply by the actual hours to get the rate variance:

7,712 hours x $0.93 = $7,172.16

4 0
3 years ago
Read 2 more answers
A normal job-order costing system is a system that uses:____
Maksim231197 [3]

Answer: 2. The actually cost for direct materials and direct labor and estimate cost of overhead.

Explanation: JOB ORDER COSTING or job costing is a system for assigning and accumulating manufacturing costs of individuals unit of output. This system is used when the various items produced are sufficiently different from each other and each having a significant cost. (Like when a company's output consists of continuous flows of identical, low-cost units, the process costing system is more appropriate.)

8 0
4 years ago
Read 2 more answers
Steeler Corporation is planning to sell 100,000 units for $2.00 per unit and will break even at this level of sales. Fixed expen
Doss [256]

The company's variable expenses per unit is 1.25

<h3>What is breakeven?</h3>

Breakeven is a point at which neither profit nor loss is made. It is used to determine the number of units or dollars of revenue needed to cover total costs.

Number of units to sell = 100,000

Price per unit = 2

Fixed expense = 75000

At break even point :

Revenue = total expenses

Total expenses

= fixed cost + variable cost

Let variable cost = x

Revenue

= units to sell * price per unit

Revenue

= 100,000 * 2

= 200,000

Hence,

Fixed cost + variable cost = Revenue

75000 + x = 200,000

x = 200, 000 - 75000

x = 125,000

Variable cost = 125,000

The variable expense per unit is thus :

Variable expense / number of units

= 125,000 / 100,000

= 1.25 per unit

Hence, the company's variable expenses per unit is 1.25

Learn more about break even here: brainly.com/question/9212451

7 0
2 years ago
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