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2 years ago

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Bill just financed a used car through his credit union. His loan requires payments of $275 a month for five years. Assuming that

all payments are paid on time, his last payment will pay off the loan in full. What type of loan does bill have?.

1 answer:

sergiy2304 [10]2 years ago

5 0

Answer:

Amortized loan

Explanation:

Hope that helps

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How much can Azco Autosystems, Inc., afford to spend on an energy management system if the software will save the company $21,30

ivann1987 [24]

The amount that that Azco Autosystems, Inc., can afford to spend on an energy management system is $80,744.

<h3>Present value</h3>

Using this formula

Present Value = A(P/A, 10%, 5)

Where:

A=$21,300

(P/A, 10%, 5)=3.79079

Let plug in the formula

Present Value = 21,300 (P/A, 10%,5)

Present Value = 21,300 (3.79079)

Present Value =80,743.8

Present Value = $80,744 (Approximately)

Inconclusion the amount that that Azco Autosystems, Inc., can afford to spend on an energy management system is $80,744.

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2 years ago

The crunchy granola company is a diversified food company that specializes in all natural foods. the company has three operating

gogolik [260]

Based on the given entries, the condensed divisional income statements are:

Cereal Division Snack Cake Retail Bakeries

Sales 25,000,000 8,000,000 9,750,000

Cost of Goods <u> (16,670,000) (5,575,000) (6,795,000)</u>

Sold

Gross Profit 8,330,000 2,425,000 2,955,000

Operating Expenses <u> (7,330,000) (1,945,000) (2,272,500)</u>

Operating income <u> (1,000,000) (480,000) (682,500) </u>

The profit margins, Investment turnover, and ROI.

Cereal Division Snack Cake Retail Bakeries

Profit Margin 4 6 7

Investment Turnover 2.5 2 12

ROI 7 1.5 10.5

The management should go with Snack Cake as it has the highest Profit Margin.

<h3>What are the matrics and ratios for Crunchy Granola Company?</h3>

The condensed income statements will show all the divisions and their operating incomes in one statement as shown above.

The profit margin can be found as:

= Operating income / Sales x 100

The Return on Investment (ROI) is:

= Operating income / Invested assets x 100

Investment turnover can be found as:

= Sales / Invested assets x 100

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2 years ago

Acme Global hired a director of safety to help the organization ensure proper compliance with the Occupational Safety and Health

Yakvenalex [24]

Answer:

The action of ACME global represent the influence of Government in the external environment of an organisation

Explanation:

The external environment of an organisation represents the factors outside the environment that is capable of influencing the decision of the organisation. It consists of the outside factors that influences the organisation. e.g social cultural, political, economic, technological factors among others.

One of these factors is the Political/ Legal factor:

The political / legal factor focuses on the influence of government on business organisations. It reviews how government laws, policies, and rules affects the operation of business. The rules and regulations or policies put in place by the government has the capacity to influence the business decision.

In the case of ACME global hiring a director of safety, they are doing so in other to comply to the occupational safety and Health Act that is most definitely enacted by the government.

Therefore we can say that the action of ACME global represent the influence of Government in the external environment of an organisation

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3 years ago

The price of diamonds is high, in part because the majority of the world’s diamonds are controlled by a single firm. This is an

kirill115 [55]

Answer:

Option (b) is correct.

Explanation:

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In our case, the price of diamonds is high because there is only single firm in the whole market and there is no other competitors in the market. That's why they are charging the higher prices.

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3 years ago

Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM

mihalych1998 [28]

Answer and Explanation:

The preparation of the schedule of cash collections from sales for October, November, and December is presented below:

Particulars October November December

Sales $58,000 $65,000 $72,000

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($58,000 × 0.25) ($65000 × 0.25) ($72,000 ×.25 )

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($58,000 - $14,500)

September account receivable $35,000

current month payment

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($43,500 × 30%) (43500 ×70%)

November credit sale $14,625 $34,125

($48,750 × 30%) (48750 × 70% )

December credit sale: $16,200

($54,000 × 30% )

Total cash collected $62,550 $61,325 $68,325

($14,500 + $35,000 + $13,050) ($16,250 + $30,450 + $14,625) ($18,000 + $34,125 + $16,200)

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3 years ago