Based on the information given, it should be noted that Carmen should take out a loan with a loan of 5 years period.
<h3>
What loan option should be chosen?</h3>
It should be noted that in the cost and benefits analysis, it would be better to take out the shorter loan period because the automobile price decreases in the following year after it has been bought.
However, in this case, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with a 620 credit score is 9.48%.
Therefore, it would be a safe decision to choose the 5-year loan because Carmen will still be able to pay the loan interest.
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Answer:
True
Explanation:
Collaboration in organizations requires a strategy capable of using all the resources availables to reach the goals provided by the strategic planning. In a globalized world these goals need to be manage with speed and effciency, here is were the technology displays all the real potential of organizations.
Answer:
check able deposits = $500
correct option is C. $500
Explanation:
given data
cash deposit = $100
reserve ratio = 20%
to find out
check able deposits
solution
we will apply here check able deposits formula that is express as
check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) × 
) ...........................1
put here value we get
check able deposits = $100 + ( $100 - ( $100 × 20% ) × 
)
check able deposits = $500
correct option is C. $500
Answer:
$156,000
Explanation:
Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:
First step is to calculate the Net effect
Net effect=$27,000*$7/ $9 = $21,000
Net effect=$27,000k - $21,000
Net effect=$6,000
Now let calculate The number of shares to be used in computing diluted earnings per share for the quarter is
Numbers of shares =150,000 + 6,000
Numbers of shares= 156,000
Diluted EPS= 25,000/ 156,000
Answer:
a. The Bid/Ask spread is $0.03.
b. The statement is “False”.
c. The Bid/Ask spread at the time trade was executed is $0.02.
d. The Total Round-Trip Transaction Costs is $107.90 and the Bid/Ask spread is $0.09. It is important to have a lower commission charge. So the correct statement is “Statement C”.
Explanation:
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