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Alika [10]
2 years ago
9

"Paco is considering the purchase of a used car. Paco currently has excess monthly cash flow of $490 available for vehicle payme

nt and other associated expenses. Paco estimates the following monthly expenses for the car: $60 for gas, $70 for insurance, $15 for maintenance, and $10 repairs. What is the amount Paco has remaining for the loan payment each month, based on the information given?"
Business
1 answer:
kobusy [5.1K]2 years ago
7 0

Answer:

Paco will have 335 dollars available for the car-loan

Explanation:

fromthe $490 cash flow

we should subtract the cash cost as once we obtain it through a loan we will have to handle with them as well:

 490

 - 60 gas

  - 70 insurance

   - 15 maintenance

<u>    - 10 repairs    </u>

 335  net monthly savings after the purchase of the car.

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olya-2409 [2.1K]

Answer:

Confirmation bias

Explanation:

Confirmation bias occurs from the direct influence of desire on beliefs. When people would like a certain idea or concept to be true, they end up believing it to be true. They are motivated by wishful thinking. This error leads the individual to stop gathering information when the evidence gathered so far confirms the views or prejudices one would like to be true. Once we have formed a view, we embrace information that confirms that view while ignoring, or rejecting, information that casts doubt on it. Confirmation bias suggests that we don’t perceive circumstances objectively.  A confirmation bias is a type of cognitive bias that involves favoring information that confirms your previously existing beliefs or biases.

For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe. This individual might even seek "proof" that further backs up this belief while discounting examples that don't support the idea.

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3 years ago
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A beta distribution center worker was injured when she tried to remove items on the shelf and not a heavy box onto her for a wee
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Answer:

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Explanation:

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3 years ago
The primary purpose of a fund is (p. 21-22)
tamaranim1 [39]

Answer:

To segregate an organization's resources according to the purpose(s) for which they are to be used.

Explanation:

A fund is a certain amount of money that is set aside for a specific purpose. These types of funds are often invested and managed by professional protfolio managers so that they make gains over time. Example of funds includes pension funds, insurance funds, endowments, and foundations.

For a company formation of funds helps the company segregate their resources so that they can be effectively allocated toeet various business needs.

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3 years ago
Kohler Inc. wants to replace a 10 year old machine with a new machine that is more efficient. The old machine cost $80,000 when
Reptile [31]

Answer:

no option is correct, the correct answer is $12,630

Explanation:

after tax salvage value of old machine = $12,000 - [($12,000 - $15,000) x 21%] = $12,000 - (-$3,000 x 21%) = $12,000 - -$630 = $12,630

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3 years ago
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postnew [5]

Answer: d. Make bribery of foreign officials a criminal offense but not consider facilitating payments a criminal offense.

Explanation:

In December 1997, signatories accounting for around 70% of World Trade adopted the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions which stated that countries must install Legislative laws that would prohibit the bribing of foreign officials as well as strict penalties for parties who engage in such. This was done to ensure that the playing field was level so to speak instead of one company getting special treatment because they paid for it.

One concern however was that the Convention did not consider Facilitating Payments a criminal offence which means that it could be used as a bypass for the bribery of foreign officials to still happen.  

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3 years ago
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