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Novosadov [1.4K]
3 years ago
13

John's 8−year−old Chevrolet Trail Blazer requires repairs estimated at $6,000 to make it road worthy again. His​ wife, Sherry, s

uggested that he should buy a 5−year−old used Jeep Grand Cherokee instead for $6,000 cash. Nick estimated the following costs for the two​ cars: Trail Blazer Grand Cherokee Acquisition cost $26,000 $6,000 Repairs $6,000 — Annual operating costs ​ (Gas, maintenance,​ insurance) $2,680 $1,700 What should John​ do? What are his savings in the first​ year? Question 3 options: Fix the Trail​ Blazer; $3,980 Buy the Grand​ Cherokee; $7,700 Buy the Grand​ Cherokee; $ 980 Fix the Trail​ Blazer; $680
Business
1 answer:
Sphinxa [80]3 years ago
7 0

Answer:

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Explanation:

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This morning, Mary bought a ten-year, $1000 par value bond with a 7.0% coupon rate and annual payments. She paid $994 for the bo
rodikova [14]

Answer:

e. $70.00

Explanation:

The coupon payment is the amount received by the bondholder on a periodic basis during the life of the bond which is based on the bond's face value which in this case is $1000

Note that the coupon payments are expected to be made once a year.

Coupon payment=bond face value*coupon rate

bond face value=$1000

coupon rate=7%

annual coupon payment=$1000*7%

annua coupon payment=$70.00

6 0
3 years ago
Titanic Roofing Company has estimated the following amounts for its next fiscal year: Total fixed expenses $832,500 Sale price p
GalinKa [24]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Total fixed expenses $832,500

Sale price per unit 40

Variable expenses per unit 25

If the company spends an additional $30,000 on advertising, sales volume would increase by 2,500 units.

Effect on income= 2,500*(40 - 25) - 30,000= $7,500

3 0
4 years ago
Read 2 more answers
If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the ________ criterion f
riadik2000 [5.3K]

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the differentiable criterion for useful market segments.

<h3><u>What are Market Segments?</u></h3>
  • People who are gathered together for marketing purposes are referred to as market segments.
  • Market segments are subsets of a broader market that frequently group people together based on one or more shared traits.
  • Companies and their marketing departments define a target market for their goods and services using a variety of factors.
  • Marketing experts use a unique strategy to each market segment after thoroughly understanding the demands, way of life, demography, and personality of the target consumer.

In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organizations, or a combination of several types.

Therefore, the hypothetical segment in the question fail the differentiable criterion for useful market segments.

Know more about market segments with the help of the given link:

brainly.com/question/27993208

#SPJ4

4 0
2 years ago
The general common law rule on contract modifications holds that an agreement to modify an existing contract requires a(n):
dlinn [17]
<span>agreement to modify an existing contract would be the answer</span>
8 0
4 years ago
Travis Company purchased merchandise on account from a supplier for $10,000, terms 2/10, net 30. Travis Company paid for the mer
jeyben [28]

Answer:

a. Dr Inventory $10,000

Cr Accounts payable $10,000

b. Dr Accounts payable $10,000

Cr Cash $9,800

Cr Inventory $200

Explanation:

Preparation of the Journal entries Under a perpetual inventory system,

a. Dr Inventory $10,000

Cr Accounts payable $10,000

( To record purchase of merchandise)

b. Dr Accounts payable $10,000

Cr Cash $9,800

($10,000-$200)

Cr Inventory $200

(2%*$10,000)

( To record payment for merchandise)

Discount amount = Amount due x Discount percentage

Discount amount= 10,000 x 2/10

Discount amount= $200

3 0
3 years ago
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