Alalahanin at gawin, hakbang sa pag sulat Ng akademikong sulatin

After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $10,000 price, but financing

liq [111]

Answer:

A. $3,520

B. $13,520

C. $240 monthly

D. 21.55%

Explanation:

A. Calculation for the total interest

Using this formula

Interest = (Principal) (Rate) (Time)

Let plug in the formula

Interest = (8000)(.11)(4)

Interest = $3,520

B. Calculation for the total cost of the car

Using this formula

Total Cost = Down Payment + Principal amount Borrowed + Interest amount

Let plug in the formula

Total Cost = $2,000 + $8,000 + $3,520

Total Cost = $13,520

C. Calculation for the monthly payment

Using this formula

Monthly Payment = (Principal amount Borrowed + Total interest amount ) / Total number of payments

Monthly Payment = ($8,000 + $3,520) / 48

Monthly Payment=$11,520/48

Monthly Payment=$240 monthly

Note 4-year * 12 months will give us 48months

D. Calculation for the annual percentage rate (APR) using this formula

APR= (2 × n × I) / [P × (N + 1)]

Let plug in the formula

APR = (2 × 12 × $3,520) / [$8,000 × (48+1)]

APR =$84,480/$8,000×49

APR=$84,480/$392,000

APR=0.2155×100

APR= 21.55%

7 0

3 years ago

Production and Purchases Budgets At the beginning of October, Comfy Cushions had 2,600 cushions and 15,500 pounds of raw materia

Wewaii [24]

Answer:

Production budget for October and November

October November

cushions cushions

Budgeted Sales 13,000 15,000

Add Budgeted Closing Inventory 3,000 3,600

Total Production needed 16,000 18,600

Less Budgeted Opening Inventory (2,600) (3,000)

Production Budget 13,400 15,600

Explanation:

A Production Budget shows the quantities of finished goods that must be produced to meet expected sales plus any increase in inventory levels that might be required.

8 0

3 years ago

Perpetuities are also called annuities with an extended, or unlimited, life. Based on your understanding of perpetuities, answer

Oduvanchick [21]

Answer:

d. A perpetuity is a stream of regularly timed, equal cash flows that continues forever.

Explanation:

A perpetuity refers to a future stream of cash flows, paying a constant amount regularly till forever. Such stream is never ending.

The present value of a perpetuity is computed by dividing the constant amount receivable till forever, by required rate of return/cost of capital.

Present value of a growing perpetuity is given by

= $\frac{Cash\ Flow(1\ +\ g)}{r\ -\ g}$

wherein cash flows represent cash flows receivable growing at g% rate till forever

r = required rate of return or cost of capital

g= growth rate of cash flows

Where the cash flows are of constant amount i.e non growing nature, the present value of such a perpetuity is given by,

= $\frac{Cash\ Flows}{Required\ rate\ of\ return}$

3 0

3 years ago

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4 pounds

Reika [66]

Answer:

The contribution per pound for K1, S5, and G9 is $64 per pound, $27 per pound, and $66 per pound respectively.

Explanation:

The contribution margin shows a difference between selling price per unit and the variable cost per unit.

In equation, it is displayed below:

Contribution per unit = Selling price per unit - Variable cost per unit

Since, in the question we have to calculate the contribution margin per pound for each of the three products. So by using the above equation, the calculation can be made which is shown below:

Contribution margin per pound for Product K1

= K1 Selling price per pound - K1 Variable cost per pound

= $160- $96

= $64 per pound

Contribution margin per pound for Product S5

= S5 Selling price per pound - S5 Variable cost per pound

= $112- $85

=$27 per pound

Contribution margin per pound for Product G9

= G9 Selling price per pound - G9 Variable cost per pound

= $210- $144

=$66 per pound

Other costs and production level is immaterial while calculating contribution margin for these three products.

Hence, the contribution per pound for K1, S5, and G9 is $64 per pound, $27 per pound, and $66 per pound respectively.

4 0

3 years ago

Nutrients for poultry products

lord [1]

Answer:

Poultry is generally considered to be a healthy meat, and has several nutrients. These nutrients and their amounts vary depending on the meat cut of the poultry, for example, chicken breasts have a lot more protein and less fat than chicken wings.

Overall, poultry is characterized by significant amounts of protein, of minerals like zinc, iron and copper, and of vitamins like vitamin B6 and thiamin.

4 0

3 years ago

Alalahanin at gawin, hakbang sa pag sulat Ng akademikong sulatin​

Alalahanin at gawin, hakbang sa pag sulat Ng akademikong sulatin