When buying a car, if you were to buy it outright you wouldn't have to pay a monthly car note to keep the car from getting taken. When leasing a car, you have to pay the dealership the amount they charge every month so that you keep the car, the more things (I.e back up camera, Bluetooth radio/CD play...etc) the price can vary. ( I hope this helped a little)
Answer:
Partner Macki will eventually receive cash of $16,000
Explanation:
Macki has a $40,000 capital balance.
Income and losses ratio for Macki is 2
Total Income and losses ratio = 2 + 3 = 5
Calculating for Macki
Cash to be received by partner Macki
= $40,000 * 2/5
= $16,000
Answer:
$118,860
Explanation:
Gross Margin:
= Revenue - Cost of Goods Sold
= $290,000 - $100,000
= $190,000
Profit before tax:
= Gross Margin - Salaries - Insurance payment - Interest
= $190,000 - $12,000 - $3,600 - $4,600
= $169,800
Insurance payment: Only half of 2-year payment of 7,200 is relevant for this year.
Net Income:
= Profit before tax - Tax at 30%
= $169,800 - (30% × $169,800)
= $169,800 - $50,940
= $118,860
Answer:
3 years
Explanation:
One requires a minimum of 3 years working and providing opinions to be certified as a market researcher. The person will have gone through the formal college education first and acquired at least a bachelor's degree. Relevant degree programs for a market researcher include statistics, economics, mathematics, marketing, and business studies. They to be a member of a professional body.