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Irina-Kira [14]
3 years ago
12

Lindsay needs to purchase a car. The car she is planning o in purchasing costs $8,000

Business
1 answer:
Firlakuza [10]3 years ago
8 0

Answer:

1. $6,000

2. $60

3. $8,180

Explanation:

With the down payment equal to $2,000, amount Lindsay need finance to purchase car would be: $8,000 - $2,000 = $6,000

As Lindsay would pay for a term of 3 years

=> In each year, the amount finance is: $2,000

In one year, with APR = 3%, interest Lindsay has to pay on the loan of $2,000 is: $2,000 x 3% = $60

=> In three years, amount Lindsay pay for interest for the total finance is: $60 x 3 = $180

The actual cost of the car for Lindsay to own:

Actual cost = down payment + finance + interest = $2,000 + $6,000 + $180

= $8,180

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Cash investments made by the owner to the business are reported on the statement of cash flows in the
Julli [10]

Answer:

d. financing activities section

Explanation:

cash investment made by the owner and their withdrawals will be in the financing activities section

On the financing activities, the accounting does a detail ofthe origin of funds which paid for the assets. These funds could be from owners or lenders.

Therefore, the equity transactions are included in the financing activities sections

From the owner point of view, it is an investment. But, we must remember that the owner and te company are different entities. For the company it is financiation

6 0
3 years ago
________ is the conscious designing of retail space and its various dimensions to evoke certain effects in buyers.
Ivahew [28]

Answer:

Atmospherics

Explanation:

Atmospheric in retail space are referred to the tools used by the retailer to lure customer for visiting the store, these luring factors are very different from their rivals and keep them apart from others. These factors could be color, music, lighting, smell, design, etc which attract customers to enter the store for shopping, later customer ends up shopping as they like the atmosphere of the shop.

5 0
3 years ago
How to calculate the total cost of a car loan.?
ExtremeBDS [4]
I think u would add it like u would add anything else mabey
6 0
3 years ago
Can someone help me please????????
olga_2 [115]

Answer:

25% = 0.25 = 25/100 --> 1/4

90% = 0.90 = 90/100 --> 9/10

60% = 0.6 = 3/5

35% = 0.35 = 35/100 --> 7/20

33.3...% = 0.33...  = 1/3

65% = 0.65 = 65/100 --> 13/20

How to calculate percentage:

[From decimal]

Decimal x 100 = percentage

e.g. 0.2 x 100 = 20%

[From fraction]

Numerator / Denominator x 100 = percentage

top number / bottom number x 100 = percentage

e.g. 3/5 --> 3 / 5 x 100 = 0.6 x 100 = 60%

How to calculate decimal:

[From percentage]

Percentage / 100 = Decimal

e.g. 45% / 100 = 0.45

[From fraction]

Numerator / Denominator = Decimal

top number / bottom number = Decimal

e.g. 7/8 = 7 / 8 = 0.875

How to calculate fraction:

[From percentage]

Percentage number / 100 --> simplify

e.g. 38% --> 38/100 --> 19/50

[From decimal]

Decimal x 100 / 100 --> simplify

e.g. 0.75 --> 0.75 x 100 = 75 --> 75/100 --> 3/4

Hope this helps :)

3 0
3 years ago
Hoffman Corporation issued $60 million of 9%, 15-year bonds at 106. Each of the 60,000 bonds was convertible into one share of $
Hatshy [7]

Answer:

Dr Cash $63,600,000

Cr Premium on Bonds $3,600,000

Cr Bonds payable $60,000,000

Explanation:

Preparation of the journal entry to record the issuance of the bonds.

Dr Cash $63,600,000

(106%*$60,000,000)

Cr Premium on Bonds $3,600,000

($63,600,000-$60,000,000)

Cr Bonds payable $60,000,000

(To record issuance of the bonds)

8 0
3 years ago
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