1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
3 years ago
13

Gerritt wants to buy a car that costs $29,250. The interest rate on his loan is 5. 53 percent compounded monthly and the loan is

for 6 years. What are his monthly payments?.
Business
1 answer:
xxTIMURxx [149]3 years ago
8 0

Answer and Explanation: The answer is in the 1st image, and the explanation is in the 2nd image.

You might be interested in
Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventor
Dafna1 [17]

The unadjusted cost of goods sold is $395,000

<h3>What is cost of goods sold?</h3>

Cost of Goods Sold (COGS) is what measure the direct cost incurred in the production of any goods or services.

The unadjusted cost of goods is computed as:

= Cost of goods manufactured - ( Ending finished goods -Beginning finished goods inventory )

= $410,000 - ( $125,000 - $110,000)

= $410,000 - $15,000

= $395,000

Hence, the unadjusted cost of goods sold is $395,000

Learn more about cost of goods sold here: brainly.com/question/18648409

#SPJ1

5 0
2 years ago
The prices for all kinds of fish sold in Eastville's downtown Old Market are much lower than the prices charged at uptown seafoo
Anton [14]

Answer:

The most correct answer is D

6 0
3 years ago
Read 2 more answers
Your checkbook register shows these activities for the month.Old balance: $134.56Check 512 to Good Stuff for $32.19Deposit: $345
Dvinal [7]

Based on the various activities for the month that were reflected in your checkbook, your new balance would be $135.84.

<h3>What is the checkbook balance?</h3>

This can be found as:
= Opening balance + Deposits - Checks and withdrawals

Solving gives:

= 134.56 + 345.12 - 32.19 - 250 - 16.65 - 45

= $135.84

In conclusion, your new balance is $135.84.

Find out more on checkbook balances at brainly.com/question/3719189

#SPJ1

3 0
2 years ago
Overton, Inc. had the following transactions in 2017, its first year of operations: • Issued 15,000 shares of common stock. Stoc
dimaraw [331]

Answer:

total stockholders' equity =  $660000

Explanation:

given data

Issued = 15,000 shares

par value = $0.01 per share

issued = $39.00 per share

net income = $300,000

Paid dividends = $15.00 per share

to find out

total stockholders' equity

solution

we get here common stock that is express as

common stock = 15,000 × $39

common stock =  $585000

and

dividends is = $15 × 15000

dividends = 225000

so

total stockholders' equity will be

total stockholders' equity = common stock  + net income - dividends

total stockholders' equity = $585000 + $300,000 - 225000

total stockholders' equity =  $660000

8 0
3 years ago
Last year Randolph Company had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's
alexdok [17]

Answer:

13.82%

Explanation:

Data provided in the question:

Sales = $325,000

Net income = $19,000

Assets = $250,000

Total-debt-to-total-assets ratio = 45.0% = 0.45

Now,

Total asset turnover = Sales ÷ Total assets

= $325,000 ÷ $250,000

= 1.3

Profit margin = Net income ÷ Sales

= $19,000 ÷ $325,000

= 0.05846

Equity multiplier = 1 ÷ [ 1 - Debt to asset ratio]

= 1 ÷ [ 1 - 0.45 ]

= 1.818

thus,

ROE = Profit margin × Total asset turnover × Equity multiplier

= 0.05846 × 1.3 × 1.818

= 0.1382

or

= 0.1382 × 100%

= 13.82%

7 0
3 years ago
Other questions:
  • Cameron really likes his new roommate, tom. tom is clean, always picks up after himself, and pitches in when it is time to cook
    12·1 answer
  • Read the scenario and question below; then select the correct answer.
    12·1 answer
  • Stevens Company's inventory on March 1 and the costs charged to Work in Process—Department B during March are as follows:
    10·1 answer
  • A nondurable good is defined as a(n)
    6·1 answer
  • At December 31, 2019, Elizabeth Brown Corporation reported current assets of $384,510 and current liabilities of $212,400. The f
    14·1 answer
  • Which of the following statements is​ false?A. In a​ make-to-order environment, the forecasts tend to be for groups of products.
    9·1 answer
  • Prepare a narrated PowerPoint presentation that will highlight the following items.
    15·1 answer
  • 5 quality attributes of cassava root
    13·1 answer
  • 5. Describe what causes a change in demand.
    13·1 answer
  • ellis university, a private, nonprofit university receives a letter pledging to donate $1,000,000 to the university. the pledge
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!