If someone were unable to pay cash right now, which financing option would be best for the laptop and for the refrigerator?

Today, you are purchasing a 15-year, 6.5 percent annuity at a cost of $36,500. The annuity will pay annual payments starting one

Licemer1 [7]

Answer:

Periodic payment = $3,881.88 (Approx).

Explanation:

Given:

Present value of annuity = $36,500

Rate = 6.5% = 0.065

Number of payment = 15

Computation:

$Present\ value\ of\ annuity = periodic\ payment[\frac{1-(1+r)^{-n}}{r} ]$

$36,500 = periodic\ payment[\frac{1-(1+0.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-(1.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-0.388826524}{0.065} ]\\\\36,500 = periodic\ payment[\frac{0.611173476}{0.065} ]\\\\36,500 = periodic\ payment[9.40266886 ]\\\\periodic\ payment = 3,881.87658$

Periodic payment = $3,881.88 (Approx).

4 0

1 year ago

Fashion, Inc. had a Retained Earnings balance of $16,000 at December 31, 2021. The company had an average income of $6,500 over

avanturin [10]

Answer:

Total amount of dividends paid over the last three years is $20500

Explanation:

The net income of the company is either retained in the company or paid out as dividends. To calculate the value of the ending retained earnings, we use the following formula,

Ending balance = Beginning balance + Net Income - Dividends

We first need to calculate the total net income for the 3 year period. The total net income for the 3 year period is, 3 * 6500 = $19500

Plugging in the available values for the ending and beginning balance of retained earnings and net income, we can calculate the value of total dividends paid for the three year period.

15000 = 16000 + 19500 - Dividends

Dividends = 35500 - 15000

Dividends = $20500

4 0

2 years ago

Groves City is contemplating the purchase of a new snow plow to replace its old plow that was purchased 3 years ago. Information

Over [174]

Answer:

It will be a financial advantage of 13,000 dollars

Explanation:

REPLACEMENT

Maintain Replace Differential

purchase (30,000) (30,000)

proceeds from sale 18,000 18,000

cost (65,000) (40,000) 25,000

result (65,000) (52,000) 13,000

In the replacement alternative The new machine will be purchased.

The old one will sale at their salvage value

the total cost will be calcualte by multiplying by 5 their operating cost.

Then we calcualte the differential income.

3 0

2 years ago

As a manager with D-Lighting Industries, part of Darius’ job is to make specific short-term decisions about what his department

lina2011 [118]

Option C

As a manager with D-Lighting Industries, part of Darius’ job is to make specific short-term decisions about what his department must do to achieve D-Lighting’s long-term success. Darius is involved in: tactical planning.

<u>Explanation:</u>

Tactical planning demands a company's strategic plan and establishes ahead specific short-term activities and ideas, regularly by the company board or function. Tactical planning is splitting up those intentions into practicable tasks that we can begin programming into our task management practice and schedule.

In the tactical phase, the market is acknowledging to paramount facts. Lower-level supervisors have a greater knowledge of day-to-day actions, and they are habitually the ones accountable for tactical planning. In trades and the managerial world, tactical decisions are quite common.

6 0

2 years ago

Ben &Jerry's Ice Cream buys keywords for a search marketing campaign such as "Ben &Jerry's Chunky Monkey" and "Ben &

enyata [817]

Complete Question:

Ben & Jerry’s Ice Cream buys keywords for a search marketing campaign such as “Ben & Jerry’s Chunky Monkey” and “Ben & Jerry’s Cherry Garcia.” What type of keywords is the firm buying?

Group of answer choices

A. Negative keywords

B. Organic keywords

C. Native keywords

D. Generic keywords

E. Branded keywords

Answer:

E. Branded keywords.

Explanation:

In this scenario, Ben & Jerry's Ice Cream buys keywords for a search marketing campaign such as "Ben & Jerry's Chunky Monkey" and "Ben & Jerry's Cherry Garcia." The type of keywords that the firm is buying is generally referred to as branded keywords.

A branded keyword can be defined as any query of a database through a search engine such as Google which includes the name of the business firm or company.

This ultimately implies that, a branded keyword is any query or search phrases that combines the name of a firm or brand and other branded terms associated with the firm such as product name, type, motto etc. Branded keywords is a strategic marketing process or approach which helps to make business firms or brands available to online customers and the target market or audience.

8 0

2 years ago