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djyliett [7]
3 years ago
8

David Nason purchased a recreational vehicle for $25,000. David went to City Bank to finance the purchase. The bank required tha

t David make a 10% down payment and monthly payments of $571.50 for 4 years. Find (a) the amount financed, (b) the finance charge, and (c) the deferred payment that David paid.
Business
1 answer:
Degger [83]3 years ago
5 0

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

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Vertical integration is: a. A firm's ownership of vertically related activities b. A firm's control over its input sources and t
ANEK [815]

Answer:

A firm's ownership of vertically related activities

Explanation:

As we know that

There are two types of integration i.e horizontal and vertical

The horizontal integration is the integration in which two or more firms amalgamate dealing in the same type of business i.e their products and the level of production is same

While on the other hand the vertical integration is the integration in which the one firm acquired or purchased another firm dealing in different stages but the production level remains the same

Hence, the first option is correct

7 0
3 years ago
When building a business model canvas, the ________ is where your offering goes - how you plan to solve the pains or create the
Anastasy [175]

Answer: value proposition

Explanation:

In simple terms, a value proposition makes a case for why a customer should pick one product over another, citing the unique value the product provides over its contenders.

The Business Model Canvas value proposition provides a unique combination of products and services which provide value to the customer by resulting in the solution of a problem the customer is facing or providing value to the customer. This is the point of intersection between the product you make and the reason behind the customer’s impulse to buy it. A product can have a single value proposition or multiple value propositions.

Most start-ups fail to define their value proposition before they launch their products. This is because entrepreneurs tend to give too much credence to the ‘idea’ they have and run with it as opposed to exploring how this idea would actually perform in the market.

4 0
3 years ago
Productivity measurement is complicated by
CaHeK987 [17]
Productivity measurement is complicated by the fact the precise units of measure are often unavailable. When you are managing productivity it can vary based on each task or the person completing the tasks. Because of this, it makes it complicated for management to measure productivity as there could be no units or no comparable units to measure. Productivity is better reflected on the outcome of what they do complete versus what they do not. 
3 0
3 years ago
Viet drives around and checks meters to document the amount of electricity used in homes. What Energy pathway is he a part of? E
Aloiza [94]

Answer:

he would be part of the energy distribution process

Explanation:

As Viet drives around and checks meters to document the amount of electricity used in homes since the electricity is distributed off  a power line into the house and then within the house by the wiring to the lights and the electrical outlets for usage by the inhabitants.

6 0
3 years ago
Read 2 more answers
ERP success depends on several key factors being met. These factors include all of the following except _________. Select one: a
bonufazy [111]

Answer:

a. Minimize change for workers

Explanation:

Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.

<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>

7 0
3 years ago
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