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laiz [17]
4 years ago
15

A college student purchased a car priced at $10,000. She paid $1,000 down and agreed to a monthly payment of $200 per month for

48 months. Including the down payment, what is the total amount of money the student will have paid for her car by the end of the 48 months?
Business
1 answer:
Fynjy0 [20]4 years ago
5 0

Answer:

$10,600

Explanation:

The total amount that the students will pay will be the total of monthly installments plus the deposit

Deposit =$1000

total monthly installments = $200 x 48 = $9600

The total amount he will pay = $ 9600 +$1000

=$10,600

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Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution
Irina18 [472]

Answer:

A. 52% and $11 per unit

Explanation:

The contribution margin ratio is a measure of how much of a business revenue is available for covering its variable expenses. It also reveals how much is left to cover its fixed cost. The contribution margin is the unit income generated from each product sold. To calculate contribution margin ratio we divide contribution margin by sales. i.e

Contribution margin ratio = (contribution margin)/sales

Contribution margin = (sales - variable expenses)/sales

OR

contribution margin = (selling price - average variable cost)/ selling price

Since selling price is $21 and average variable cost is $10

contribution margin = (21 - 10)/21

= 11/21

=52.38% or 0.5238

Contribution margin = $21 - $10

= $11

thus,   A. 52% and $11 per unit is the answer.

variable cost per unit also means average variable cost.

5 0
4 years ago
According to the documentation of a survey conducted by the Ethics and Compliance Officers Association survey, which of the foll
sp2606 [1]

Answer:

D, Conducting investigations of wrongdoings.

Explanation:

An ethics officer has the responsibility of developing and supervising the ethics of an organisation.

The develpment and supervising of ethics ranges from maintaining professional ethisc or industry ethics or implementation of an a compliance program, development of a compliance program as well as other option listed in the question.

Conducting investigations is not one of the most important responsibilities of an ethics officer and thus ranks lowest.

Cheers.

6 0
3 years ago
Star Associates invests mostly in start-ups and it pledges funds in exchange for a stake in the company. What can Star Associate
Serga [27]

Answer:

Star Associates is a venture capitalist.

Explanation:

A venture capital is a type of private equity firm that specializes in investing on early-stage startup companies. In exchange, they would receive a percentage of ownership over the company, depending on how much money they pledged in the funding round that the company held. Many tech entrepreneurs in Silicon Valley and elsewhere in the US receive this form of funding when they just started their company. Each venture capital firm has its own policy on the type of company the usually invest in and the amount that they are willing to pledge.

7 0
3 years ago
Read 2 more answers
Which property classification would include tools?
Nady [450]
The answer is durable. According to AR 735-5 (Policies and Procedures for Property Accountability), a durable property is a property that is not consumed in use, does not require property book accountability, but because of its unique characteristics requires control when issued to the user. The best example for this is hand tools.  Hand tools are measured durable because they are not used up by Soldier unlike cleaning supplies. Hand tools are not on the property book. They do require a signature when issued, whether from the tool room or the supply room. When hand tools break, they must be turned in for replacements. Soldiers who misplace hand tools pay for the lost tools in order to implement supply discipline. We must have supply discipline to save Army resources for deployments, training exercises and other mission requirements. Leaders involve periodic inventories and the correct hand receipt procedures for the same reason. Hand tools are costly and Soldiers use millions of them. So, hand tools are durable because they do not get used up, unlike consumable supplies such as hand soap or motor oil, and also require some type of control when issued.
8 0
4 years ago
Read 2 more answers
As you know, credit can be both beneficial and harmful to one's financial well-being. At what point does credit use become probl
Gala2k [10]
<span>As you know, credit can be both beneficial and harmful to one's financial well-being. At what point does credit use become problematic? Credit can be good for someones financial well-being when applying for loans for a home, car, or other entities where needing to have good credit to move on in live is benefiting. However, because of having credit, it is easy to get financing or help others get what they need in return for illegal substances or other entities that shouldn't be used for purchase and consumption. </span>
7 0
3 years ago
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