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3 years ago

7

You're buying a new car and the bank says they'll loan you the required balance of the $30,000 price if you'll put down $3,000.

payments will be for 60 months, and the bank's rate of interest on car loans is 9%. how much will your monthly payment be?

1 answer:

ella [17]3 years ago

4 0

the monthly payment will be $560.00 per month

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During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follo

Daniel [21]

Answer:

The total revenue Solitare would report over the two months is $99 with a gross loss of $11.74

Explanation:

Particulars Amount ($)

Sales (January & February)

- Wizard Inc $50

- Spyder Corp $50

Less: Discount allowed to Wizard Inc <u>$1 </u> ($50 * 2%)

Net Sales $99

Less: Cost of goods sold (60.6+50.14) <u>$110.74</u>

Gross Loss <u>$11.74</u>

8 0

2 years ago

The current sections of Culver Corporation's balance sheets at December 31, 2021 and 2022, are presented here. Culver Corporatio

natta225 [31]

Answer:

Net Cash Provided by Operating Activities is $286,000

Explanation:

Culver Corporation's

Partial Statement of Cash flows

For the year ended December 31, 2022

<em>Cash Flow from Operating Activities</em>

Net Income $229,500

<em></em>

<em>Adjustment to reconcile net income to</em>

<em>net cash provided by operating activities</em>

Depreciation Expenses $40,500

(Non-cash expense)

Decrease in Accounts Receivables $13,500

(133,500 - 120,000)

Decrease in Inventory $6,000

(258,000 - 252,000)

Increase in Prepaid Expenses -$7,500

(33,000 - 40,500)

Increase in Accrued Expenses Payable $15,000

(22,500 - 7,500)

Decrease in Accounts Payable <u>-$10,500</u> <u>$57,000</u>

(127,500 - 138,000)

Net Cash Provided by Operating Activities <u>$286,000</u>

4 0

3 years ago

Which type of accounting information is intended to satisfy the needs of external users of accounting information

hoa [83]

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

Read more about<em> accounting</em> here:

brainly.com/question/24357323

3 0

2 years ago

Indicate which of the four perspectives in the balanced scorecard is most likely associated with the objectives that follow.

Musya8 [376]

Answer:

Note: The complete question is attached as picture below

Objectives Most associated balanced scorecard

1. Percentage of repeat <em>Customer Perspective</em>

customers

2. Number of suggestions for <em>Learning and Growth perspective</em>

improvement from employees

3. Contribution margin <em>Financial perspective</em>

4. Brand recognition <em>Customer Perspective</em>

5. Number of cross-trained <em>Learning and Growth perspective</em>

employees

6. Amount of setup time <em>Internal process prospective</em>

6 0

2 years ago

What is the profit maximization rule equation?

ValentinkaMS [17]

Answer:

mc=mr

Explanation:

This is because in economics, the profit maximization rule is represented as MC = MR, where MC stands for marginal costs, and MR stands for marginal revenue. Companies are best able to maximize their profits when marginal costs -- the change in costs caused by making a new item are equal to marginal revenues............................

6 0

3 years ago