Answer:
$17,122
Explanation:
As for the details provided it is obvious that Giancarlo will either buy Suzuki XL7 or will continue with the old car.
In case of buying Szuki XL7 he will sell the old car.
And all the amount received from such sale will be utilized in buying the new car.
Initial investment = Net amount to be paid for acquisition, but do not include any future maintenance amount.
The amount shall be:
Negotiated price + Taxes - Amount from sale of old car
= $24,675 + $1,732 - $9,285 = $17,122
Answer:
The correct answer is $20,000.
Explanation:
According to the scenario, the given data are as follows:
Gross income = $180,000
Business expense = $160,000
Mortgage interest and property taxes expense = $14,000
Other home office expense = $9,000
So, we can calculate the total allowable home office deduction by using following method:
As we know, first we have to deduct the business expense from the gross income and than if there any net income left than other expense can be deducted.
Hence,
= Gross income - Business expense
= $180,000 - $160,000
= $20,000
Answer:
The VALS framework examines the intersection of psychology, demographics, and lifestyles.
Explanation:
The VALS system (Values and Lifestyles), arose from the need to explain the changes that American society presented in the 1960s. This classification, developed by the Stanford Research Institute, is based on the concept that people throughout their lives go through different stages, and each stage affects their attitudes, behavior and psychological needs. This system, related to purchasing behavior, establishes in general terms that people are grouped into three basic consumer orientations:
-Principle-oriented consumers. They buy taking into account "how the world should be".
-Consumers oriented by status; They base their purchases on the opinions and attitudes of other people.
-Action oriented consumers; These consumers base their purchase decisions on the activity, variety and risk.
In turn, each of these groups acquires other dimensions based on the level of income, health, education and self-confidence.
Answer:
3 years
Explanation:
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
where,
Initial investment is $450,000
And, the net cash flow = annual net operating income + depreciation expenses
= $105,000 + $45,000
= $150,000
Now put these values to the above formula
So, the value would equal to
= ($450,000) ÷ ($150,000)
= 3 years
Answer:
$250,000
Explanation:
Perpetuity is a type of payment that has no end. It starts on a particular date and continues endlessly.
Given:
Amount paid per year = $10,000
Annual Growth Rate = 5%
Interest Rate = 9%
Clarissa need $250,000
