Based on the information given, it should be noted that Carmen should take out a loan with a loan of 5 years period.
<h3>
What loan option should be chosen?</h3>
It should be noted that in the cost and benefits analysis, it would be better to take out the shorter loan period because the automobile price decreases in the following year after it has been bought.
However, in this case, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with a 620 credit score is 9.48%.
Therefore, it would be a safe decision to choose the 5-year loan because Carmen will still be able to pay the loan interest.
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Answer:
More than in year 8
Explanation:
A capital lease is a type of lease in which the lesser financed only the asset and all other ownership rights would be transferred to the lessee
In the given situation, the 12-year capital lease is equivalent to the annual lease payment at minimum cost
This payment involves the interest and the reduction amount
Now in the year 10 the reduction made to the lease liability should be more than in the year 8
According to Jack Gibb’s work on supportive and defensive communication, a supervisor who doesn't show any concern for the feelings of others is promoting a disconfirming climate.
Answer: $75,000
Explanation:
Net Cash inflow refers to the actual cash that came into the company less the cash that went out.
Net cash inflow = Cash inflow - Cash outflow
= Cash from sales + Cash from receivables collection - cash wages
= 70,000 + 35,000 - 30,000
= $75,000
Net income is the amount that will be earned after all the taxes have been subtracted from the paystub amount.
<h3>
The net income for the paycheck</h3>
Given Information:
- Paycheck=$329.40
- Paystub=$400.00
- Medical tax=$5.80
- Social security tax=$24.80
- Federal tax=$40.0
The Net income is therefore:-
Net Income=Paystub-Medical tax-Social security tax
Net Income= 400 - 5.80 - 24.80 - 40
Net Income= $329.40
In conclusion, the net income is $329.40.
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