1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dem82 [27]
3 years ago
5

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

Business
1 answer:
Gnom [1K]3 years ago
5 0

Answer:

The correct answer is letter "C": It decreases the size of your principal and decreases the total cost of the loan .

Explanation:

Down payments are the initial sums debtors pay when requesting a credit. Down payments are usually mandatory but the debtor can offer the sum voluntarily.

<em />

<em>If the sum provided in the down payment is higher than what is requested, the amount of the principal will be lower. If the amount of the principal is lower, the total of the interest paid in the course to the loan will be lower as well, thus, the cost of the loan will be reduced.</em>

You might be interested in
Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included i
san4es73 [151]

Answer:

A decline in the debt-to-equity ratio implies a decline in the creditworthiness of the firm

and

A plausible reason why Blue Hamster Manufacturing Inc.’s price to free cash flow ratio has decreased is that investors expect lower cash flow per share in the future

Explanation:

Please refer the calculated ratios below

Ratios Calculated    

                                            Year 1       Year 2 Year 3

Price to cash flow                6.80         4.76         3.81

Inventory turnover                13.60 10.88 8.70

Debt to equity                 0.60 0.48 0.38

7 0
4 years ago
Briefly describe the function of legislatures and the main difficulties they may experience in carrying out these functions. Cou
Tomtit [17]

Answer:

The main function of the legislatures is to make laws and establish guidelines  and other statutes that would establish peaceful co-existence among the peoples.

Explanation:

The main difficulties often experienced by legislatures when carrying out their functions are numerous, beginning with public criticism both positively and negatively, down to the diffferences that may arise in terms of reaching a consensus on any particular bill proposed by a legislator to the House.

Also, the idea of incompetency cannot be overlooked because some members of the House of legislature when assigned to a specific and unique functions are sometimes unable to deliver results as expected by the House and the people who elected them to this function.

Structural changes is one means to this challenges, if it is so necessary. As cited in the instance above, an incompetent legislator or committee should be reviewed, reenacted and competency implied in the appoint to such functions. By so doing,the functions of the legislature will experience less challenges and difficulties.

6 0
3 years ago
Read 2 more answers
________ are the most affluent and brand conscious demographic segment in the united states.
lord [1]
Asian Americans are the most affluent and brand conscious demographic segment in the U.S. The older portion of the Asian American segment have more disposable income and are also likely to very brand conscious. As an overall group, they are inclined to using this disposable income towards purchasing entertainment goods and services, as well as goods and services associated with health care, travel and financial industry.
8 0
3 years ago
Suppose for some year the income of a small company is ​$100 comma 000100,000​; the expenses are ​$75 comma 00075,000​; the depr
boyakko [2]

Answer:

$23,950

Explanation:

Income  ​$100,000​  

Expenses ​$75,000​

Depreciation $22,000​

income tax rate = 35​%

Income  ​$100,000​  

Expenses (​$75,000​)

Depreciation ($22,000​)

EBT          $3,000

Income Tax $3,000 * (35/100) = $1,050

Net Income $1,950

ATCF  

=Earnings Before Tax + Depreciation

=$1,950 + $22,000  = $23,950

8 0
3 years ago
The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt f
Genrish500 [490]

Answer:

The answer is 3.5

Explanation:

Inventory turnover ratio is:

Cost of goods sold / Total or average inventory

Cost of goods sold is $322,000

Total Inventory in this question comprises work-in- process, finished goods and even raw materials.

So total inventory equals:

Production materials on hand $42,500 Work-in-process inventory $37,000

Finished goods on hand $12,500

Total inventory. $92,000

Therefore, inventory turnover ratio is

$322,000 / $92,000

= 3.5

7 0
3 years ago
Other questions:
  • Question 1 Presented below is the basic accounting equation. Determine the missing amounts. Assets = Liabilities + Owner’s Equit
    10·1 answer
  • when the cost of production increases the supply of the good generally increases as well, true or false?​
    8·1 answer
  • The unethical practice of not giving a new listing to the MLS until the listing broker first tries to sell that listed property
    11·1 answer
  • Alex Smith rents storage space to college students who go home for the summer but do not want to haul all of their property home
    6·1 answer
  • After researching products similar to yours in the industry, you decide that your product has superior value. As such, you decid
    5·1 answer
  • Suppose that a labor economist performs a statistical analysis on economywide worker wages using standard, measurable explanator
    13·1 answer
  • Consider an investment in which a developer plans to begin construction, of a building that will cost $1,000,000, in one year if
    11·1 answer
  • What are true statements about the history of the fractional banking system?
    11·1 answer
  • Why is it important to keep a record of
    5·1 answer
  • What is the duty of the designated rbs certified person at a non-profit organization's temporary alcohol event?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!