Answer:
a) $22,500
b) $ 4,932
c) david deferred the 22,500 dollars of the car in four years
Explanation:
a) ammount financed: principal less down payment
25,000 less 10% down payment:
25,000 - 2,500 = 22,500 amount financed
b) finance charge would be the interest paid by David
which is the difference between the amount financed and the total payment made by david
571.50 monthly payment x 12 month per year x 4 years = 27,432
27,432 - 22,500 = 4,932
Horizontal scope exists the range of product and service components that the firm acts within its market.
<h3>What are vertical and horizontal scopes?</h3>
A horizontal acquisition is a commercial tactic in which one company acquires another that competes on an equal footing in a given industry. The purchase of business operations within the same manufacturing vertical is referred to as vertical integration.
The firm's horizontal scope is the variety of product and service sectors it offers within its market. The vertical scope is the degree to which an organization's internal activities cover all of the value chain activities in the industry, part of them, some of them, or none of them.
The variety of product and service segments that the company offers within its market is referred to as its horizontal scope.
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The company would have 12,247 subsidiary accounts.
<h3>What is a credit?</h3>
A credit is a loan facility granted by a bank or an institution to its customers. This is to enable the customers access funds with a view to paying back at a future date.
Companies or institutions grant credit facilities to encourage their customers plan for their business and then pay back later.
Hence, the company would have 12,247 subsidiary accounts since they extend credits to 12,247 customers.
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The total weight of the chicken is 9 kg.
The total weight of the chickens can be determined by adding the weights of the five chickens together.
Addition is a basic mathematical operation that is carried out by adding two or more numbers together.
Total weight =
7
9 kg
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Answer: Option B
Explanation: Earnings per share is calculated by dividing net income available to common shareholders with the weighted average number of shares.
Deduction of preferred dividends from net income is done only when dividends are declared by the entity, otherwise not. Preference shareholders have priority over common shareholders in case of dividends, so it will result in reduction of earnings to common shareholders but only when the dividends are declared and distributed.