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2 years ago

Jordan signed a finance agreement for her recent purchase. what is the total amount she will pay back under this agreement?

2 answers:

7 0

That mostly depends on the contract. If the contract is such that you pay without interest, then you pay just what you took. If there is interest, then you pay a percent more that is calculated usually yearly, depending on how long you pay it back or anything similar that is within law.

Lisa [10]2 years ago

4 0

$5500 is the answer. you add 2500 + 3000 and get 5500

(on apex)

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A local supermarket sells a popular brand of shampoo at a fairly steady rate of 380 bottles per month. The cost of each bottle t

zimovet [89]

Answer:

annual demand = 380 * 12 = 4,560

order cost = $8.50

annual holding cost = $0.45 * 25% = $0.1125

EOQ = √[(2 * 4,560 * $8.50) / $0.1125] = 830.10 ≈ 830 units

time between placement of orders = 830 units / 4,560 units = 0.182 years = 2.18 months

reorder point = 4,560 units * 2/12 (lead time) = 760 units

A new order should be placed when the inventory level is 760 units

3 0

1 year ago

Crimson Corp. was organized as a calendar-year corporation in January, Year 1, incurring $51,000 in qualified organizational exp

Lelechka [254]

Answer:

Total deductible organization expenses is $ 6,611

Explanation:

Upto $ 5000 in qualifying organization expenses are deductible in the year they are incurred , with the amount reduced by the amount by which total organizational expenses exceed $50,000. With a total of $51,000 Crimson corp could deduct $ 4000 .

In addition , the remaining $ 47,000 is amortized over 15 years or 180 months , begining in the period in which the entity commences operations. Since crimson began operaions in March 2016 , amortization would be for 10 months ( march 2016 - december 2016 )

Amoritzation for march 2016 to december 2016 = 10 / 180 * $47,000

= $2611

Total deductible organization expenses = $4,000 + $ 2,611

= $ 6,611

3 0

2 years ago

While _______ decisions will generally need to be processed via the ______ system in our brains in order for us to reach a good

leonid [27]

Answer:

A. Nonprogrammed; reflective; programmed; reactive

Explanation:

Programmed decisions are those which occur more frequently and are quickly executed, almost instinctly, without needing much of a thought process, by what we call the reactive system.

Nonprogrammed decisions are those that present unusual or new situations and require a deeper reflection and understanding of the issue. Those are processed via the reflective system in the brain.

Therefore, the correct answer is A. Nonprogrammed; reflective; programmed; reactive

5 0

1 year ago

Read 2 more answers

Suppose you operate a coal power plant and is considering upgrading the flue gas desulphurisation (FGD) facility (or "scrubbers"

Novosadov [1.4K]

Answer:

The present value is $19,039

Explanation:

The computation of the Present value is shown below

= Present value of all yearly cash inflows after applying discount factor

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,

rate is 2%

Year = 0,1,2,3,4 and so on

Discount Factor:

For Year 1 = 1 ÷ 1.02^1 = 0.9804

For Year 2 = 1 ÷ 1.02^2 = 0.9612

For Year 3 = 1 ÷ 1.02^3 = 0.9423

For Year 4 = 1 ÷ 1.02^4 = 0.9238

So, the calculation of a Present value of all yearly cash inflows are shown below

= (Year 1 cash inflow × Present Factor of Year 1) + (Year 2 cash inflow × Present Factor of Year 2) + (Year 3 cash inflow × Present Factor of Year 3) + (Year 4 cash inflow × Present Factor of Year 4)

= ($5,000 × 0.9804) + ($5,000 × 0.9612) + ($5,000 × 0.9423) + ($5,000 × 0.9238)

= $4,901.96 + $4,805.84 + $4,711.61 + $4,619.23

= $19,039

We take the first four digits of the discount factor.

4 0

2 years ago

After having problems with her Mitsubishi car, sandra salazar had santa Fe Mitsubishi install a used LO1 motor in it. when she p

ehidna [41]

Answer:

The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)

Explanation:

What is express warranty?

An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:

Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.

Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.

An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.

6 0

2 years ago