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3 years ago

Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?

Business

1 answer:

8_murik_8 [283]3 years ago

7 0

Answer:

A reduced time in debt

Explanation:

Gina intends to purchase that motorbike on credit. By making a down-payment, Gina is reducing the amount she needs to borrow to buy the bike.

A reduced loan amount means that Gina will require less to repay. It also implies that the interest to be paid will reduce. Making the down-payment helps Gina stay in debt for a short period.

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On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an

defon

Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

Time 1: Jan 1, 2016 to Sep 30, 2016

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = $\frac{110,000}{100,000}=1.1$

Time 2: Sep 30, 2016 to Sep 30, 2017

start value = 105,000; end value = 108,000

Return = $\frac{108,000}{105,000}=1.028571$

Time 3: Sep 30, 2017 to Dec 31, 2017

start value = (108,000 + 3,000) = 111,000; end value = 100,000

Return = $\frac{100,000}{111,000}=0.900901$ .

Therefore, time weighted return

= (1.1 * 1.028571 * 0.900901) - 1

= 0.019305

= 1.93%.

3 0

3 years ago

Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year

Pavel [41]

Answer:

Camper's Edge Factory

Departments Cutting Sewing

a. The total number of budgeted

direct labor hours for the year 60,000 70,000

b. Products Canopy Tent

Factory overhead per unit $17.50 $40

Explanation:

a) Data and Calculations:

Total budgeted factory overhead = $750,000

Canopy Tent Total

Direct labor hours

Cutting 2 1 3

Sewing 1 6 7

Total direct labor hours 3 7

Budgeted production units 20,000 10,000

Departments Cutting Sewing

Budgeted factory overhead $350,000 $400,000

Direct labor hours:

Canopy 40,000 (20,000 * 2) 10,000 (10,000 * 1)

Tent 20,000 (20,000 * 1) 60,000 (10,000 * 6)

Total direct labor hours 60,000 70,000

Overhead allocation rates $5.833 $5.714

($350,000/60,000) ($400,000/70,000)

Overhead per unit $17.50 ($5.833 * 3) $40 ($5.714 * 7)

5 0

3 years ago

In what ways does the format of a statement of financial or position under ifrs often differ from a balance sheet presented unde

Amiraneli [1.4K]

Umm can someone answer this please because i need help on this as well

7 0

3 years ago

An integrity-based approach _____. a. helps very little concerning where questionable practices are occurring and where possible

Roman55 [17]

Answer:

The correct answer is letter "C": usually have chief officers, human resource managers, and board member committees involved with the ethics and compliance program.

Explanation:

The integrity-based approach is the practice in which top executives of a company including members of the Board of Directors (BoD) hold the responsibility of the firm's ethical culture and spread it to their employees. This is done to promote good practices among workers and to spot where might be possible ethical issues appearing in the company.

8 0

3 years ago

EMC Corporation has never paid a dividend. Its current free cash flow of $490,000 is expected to grow at a constant rate of 4.4%

disa [49]

Answer:

$5,697,674

Explanation:

Dividend Valuation method is used to value the operations of a company based on the dividend paid, its growth rate and rate of return/WACC. The price is calculated by calculating present value of future dividend payment.

Free cash flow is the residual cash flow of operation after paying the capital expenditure from net income of the company. It represent the cash from the operations.

Formula to calculate the value of operation

Value of Operations = FCF / ( WACC - growth rate )

Value of Operations = $490,000 / ( 13% - 4.4% )

Value of Operations = $5,697,674

7 0

3 years ago