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guapka [62]
4 years ago
11

How do you pay back an auto loan?

Business
1 answer:
MrRa [10]4 years ago
4 0
Make at least one large payment over the term of the loan.
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The Year 1 selling expense budget for Apple Corporation is as follows:
lesya [120]

Answer:

$5,960

Explanation:

Fixed portion of Miscellaneous expenses = $2,000

Variable portion of Miscellaneous expenses = ($5,300 - $2,000) / $275,000

= $3,300 / $275,000

= $0.012 of sales

Miscellaneous expenses in the Year 2 selling expense budget = (Budgeted sales * Variable portion) + Fixed portion

= ($330,000 * $0.012) + $2,000

=  $3,960 + $2,000

= $5,960

8 0
3 years ago
A Treasury bill has a face value of 100K, 119 days to maturity, and is selling for $90 thousand. What is the effective annual yi
Dennis_Churaev [7]

Answer:

Annual Yield = 34.08%

Explanation:

A treasury is a short-term financial instrument issued by a government with a maturity date of 365 days or less. It is issued for a value less than the its face value., therefore it is a discounted instrument.The face value is the amount that the investor will receive at the maturity of the bill.

To calculate the the effective annual yield of a bond; follow the steps below:

Step 1: Calculate the return earned for the investment period. This called the yield for the investment period. Note that the investment may be for less than 365 days depending on the number of days left to maturity when it was purchased.  

(Face Value - Price)/Price × 100

= ((100-90)/90)× 100= 11.%

This helps to ascertained the return earned as a percentage of the amount invested.

Step 2: Calculate the annual effective rate. This is required to determine the equivalent return (yield) per annum should the investment be made for one year.

Annualized Yield=  (Yield/Time period to maturity) × 365

                               = (11.11%/119) × 365

                                  = 34.08%

5 0
3 years ago
a report made to the U.S. Congress in 2001, the National Academy of Sciences cautioned that if fuel economy encourages the produ
kakasveta [241]

Answer:

there is a tradeoff between safety and fuel economy

Explanation:

Tradeoff is also known as opportunity cost. It is the cost of the next best option forgone when one alternative is chosen over other alternatives

By choosing fuel economy, auto manufacturers are reducing safety of cars. This is an example of a tradeoff

6 0
3 years ago
When bill first started working at his new job, he began to disclose highly personal information to others almost immediately, o
love history [14]

The guideline for self disclosure that Bill was unaware of in the provided scenario is the consideration of appropriateness in which he wasn’t able to at least consider the feelings of his co-workers of whether his ways are appropriate or comfortable for them.

6 0
4 years ago
During November, the production department of a process operations system completed and transferred to finished goods 31,000 uni
Aleks [24]

Answer:

200,800 units

Explanation:

<u>Calculation of Equivalent units of Production of Conversion Costs</u>

Method : weighted-average method.

Completed and Transferred (181,000 × 100%)             = 181,000

Ending Work In Process (33,000 × 60%)                     =   19,800

Equivalent units of Production of Conversion Costs  = 200,800

6 0
3 years ago
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