The correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
The calculation of the value of the monthly payments to be made by Renee can be ascertained by computing all the costs of such transaction and then division by the number of months available.
<h3>Calculation of Monthly Payments</h3>
The total principal net value of the car comes down to $19945 after adding all the costs and deducting the trade-in value of the old car at 85% of the total value.
The formula for the calculation of total annuity is as below and the values given are being applied,
Now the monthly payments over a period of four years will be,
So, a monthly payment of $655 needs to be made in order to purchase such a car.
Hence, the correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
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Answer:
The correct answer is: 1. Functional.
Explanation:
A functional strategy is one that requires the HOW? Do, operate, function, that is, after delimiting the corporate strategy that specifies what to do ?, the functional strategy, indicates how to apply and use resources to achieve what you want to achieve.
A functional area of the company adopts this type of strategy to achieve the objectives embodied in the strategy of the corporation, maximizing the resources available and their productivity. In addition, it seeks the care and development of functional and operational capacity in order to achieve a competitive advantage to the company.
These strategies generate a frame of reference used by the administration of operations and functions to support the organizational and business strategy.
Answer:
The qualitative factor which Fuller will consider for this order is:
b. Cost of setup labor.
Explanation:
Answer:
The qualitative factor which Fuller will consider for this order is:
b. Cost of setup labor.
B. Cost of setup Labor: It includes salaries that are been paid to all workers working as full time and part time
While the number of wages and the number of employees wage requirements vary by cost controls, their industries and the center on achievment of their best results with possible lower labour costs.
As any leader of the company knows the things related to it that, the most important and biggest cost of doing any sort of business is often labor. Cost of labor setup, which may account for as 70% of almost total business costs which include wages of the employees,their benefits, payroll and all other taxes related to them.
Any HR professionals spend only their 15% of time managing the labor costs. Engaging new employees, hiring new and efficient workers and developing them over their course of their career are always top of mind for HR professionals.
So, the most important point here is the cost labors setup.
Answer:
Explanation:
a) WACC of computer sales division:
Cost of equity = 4.3%+1.18×5.9%
=11.262%
WACC =(65300/(65300+705))×11.262%+(705/(65300+705))×6.2%×(1-35%)
=0.99*11.262% + 0.01*6.2%*0.65 = 11.15%+0.0403% = 11.2%
b. 12.5% = 43%×11.2%+57%×WACC (software div)
12.5% = 481.6% + 57%WACC
57%WACC = 469.1%
WACC (software division) = 8.23%
