Answer:
Paco will have 335 dollars available for the car-loan
Explanation:
fromthe $490 cash flow
we should subtract the cash cost as once we obtain it through a loan we will have to handle with them as well:
490
- 60 gas
- 70 insurance
- 15 maintenance
<u> - 10 repairs </u>
335 net monthly savings after the purchase of the car.
Answer:
Sumner's has a loss of $-7750 from the sale of the equipment
Explanation:
Solution
Given that:
We compute the amount of profit and loss, few steps will be taken which is given below:
Step 1: we compute the book value of the equipment which is shown below:
Book value = purchase price - depreciation claimed
= $79,100 -$39,550
= $39550
Therefore then book value is $39,550
Step 2: we calculate the amount of Sumner's gain or loss which is shown below:
The gain (loss) is = the value (sale) - book value
= $31,800 - 39550
= -7750
Therefore the loss from the sale of the equipment is -$7750
Which implies that Sumner's has a loss of $-7750
Answer: B
Explanation: Are linked globally in ways that transcend national political boundaries