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ruslelena [56]
2 years ago
9

3. Kevin took out a loan for a car. He must pay $3,000.00 in interest, service

Business
1 answer:
ss7ja [257]2 years ago
8 0

Answer:

The finance charge

Explanation:

The finance charge is the total cost incurred when borrowing money, including interest amount and all other fees. It is the extra money paid on top of the borrowed amount. The finance charge may be a flat fee or a percentage of the principal amount.

The finance charge represents the expense incurred for using credit. The finance charge is an important consideration when choosing a preferred lender.

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Pink-eye and albino are two recessive traits found in the deer mouse Peromyscus maniculatus. In pink-eyed mice, the eye is devoi
kakasveta [241]

Answer:

Punnet square for hetero v homo (38 1/4) (38 1/4) and (76 1/4+1/4= 76 1/2)

: 38,38,76

Explanation:

The punnet square is commonly used to estimate the genotypes of a given breeding analysis. It is widely used to determine the probability or chances of an offspring have a specific genotype. It is commonly used by biologists for the calculation of the probability of offspring. Based on the available information, the answer is 38, 38, 76.

5 0
3 years ago
Retail Division $155,800 $550,000 Commercial Division 134,000 330,000 Internet Division 146,400 540,000 Assume that management h
Karolina [17]

The Residual Income for each division:

Retail Division = $4,95,000

Commercial Division = $2,97,000

Internet Division = $4,86,000

                        <u> Retail Division</u>   <u>Commercial Division</u>   <u>Internet Division</u>

A. Operating Income   $155,800                 $134,000                  $146,400

B. Minimum acceptable operating income as a % of invested assets:

                        <u> Retail Division</u>   <u>Commercial Division</u>   <u>Internet Division</u>  

Invested assets            $550,000                $330,000         $540,000

(Invested assets x 10%) =  <u>$55,000                 $33,000           $54,000</u>            

C = A - B Residual Income =<u>$4,95,000       $2,97,000       $4,86,000 </u>

<u />

<h3>What is Residual Income?</h3>

Residual Income refers to a calculation that provides the amount of money leftover that a company or individual has after all expenses have been paid. The amount of money that is left over after all expenses are covered is typically referred to as residual income, profit, net income, or earnings.

One specific type of meaning for residual income is similar to the terms passive income or residual pay—in that it can represent income earned on a continual basis, not tied to specific amounts of time, and not requiring active work to generate.

Learn more about Residual Income on:

brainly.com/question/22985922

#SPJ4

7 0
2 years ago
2. Pure Water is considering buying new production equipment. The new equipment will increase fixed costs by $200,000 per year a
BARSIC [14]

Answer and Explanation:

The computation is shown below:

But before that we need to do the following calculations which are shown below:

The Contribution per unit of faucet is

= $75 - $15

= $60

And, the Contribution per unit of pitcher filter is

= $100 - $30

= $70

Now Contribution per unit in present sales mix is

= [($60 × 2) + ($70 × 3)] ÷ 5

= ($120 + $210) ÷ 5

= $66 per unit

And

The Fixed cost is

= $1,000,000 + $200,000

= $1,200,000

Now  

Break even units is

= $1,200,000 ÷ $66 per unit

= 18,181.81 units

For faucet, it is

= (18,181.81 × 2) ÷ 5

=  7,272.72 units

For pitcher filter, it is

= (18,181.81 × 3) ÷ 5

= 10,909.086 units

4 0
2 years ago
______ is the Gross National Product. Answer The value of crops produced annually The average stock price of major industries Th
allsm [11]
The total value of goods and services produce annually within the boarders of a country
6 0
2 years ago
George and Margaret Wealthy are in the 42 percent tax bracket, considering both federal and state personal taxes. Norman Briggs,
den301095 [7]

Answer:

Wealthy's tax bill stand reduced by $168,000

Explanation:

These donations amount for complete deduction.

Income before deduction = $3,000,000

Tax rate = 42%

Therefore tax before deduction = $3,000,000 \times 42% = $1,260,000

Since the donation is completely deductible:

Income after deduction = $3,000,000 - $400,000 = $2,600,000

Tax thereon:

$2,600,000 \times 42% = $1,092,000

Reduction in tax paid = Tax paid without donation - Tax paid after donation

= $1,260,000 - $1,092,000 = $168,000

8 0
3 years ago
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