3a. What is the shortest loan (36 months, 48 months, 60 months or 72 months) that has a monthly payment within your $500 budget that will allow you to buy the $45,000 car? Answer: Through Bank of America, I found a rate of 2.99% for the 36, 48 and 60 month loans. We are able to put down 20% and will need to finance $36,000. There is no loan period for the $45,000 car that would be under our $500
The height of the arrow f(x) is given by f(x) = -16x2 + 200x +4, in feet. Find the maximum height of the arrow. f(x) =-16x+200x+4 answer: 629 feet a=-16 b=200 =-16 x 625/16 +50 x 25 + 4 = -625 + 1250 + 4 = 629 4. At a grocery store, the number of customers arriving per hour is shown by the function f(x) = 2x+1. Find the number of customers that arrived in the 6th hour.
Case Study 2 Solution Number of seats per passenger train car 90 Average load factor(percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3,150,000 a. What is the break even point in passengers and revenues per month Contribution margin per passanger = $90 Break even point per passanger = $35,000 35000 Contribution margin ratio= $2 Break even point in dollars = $5,600,000 5600000 b. What is the break even point of passenger train cars per month 63 Compute # of seats per train car(remember load factor?) 555.5555556 Number of train cars rounded 556 c. If Springfield Express raises its average passenger fare to $190, it is estimated that the average load factor will decrease to 60 percent. What will the monthly break even point in the number of passenger cars?
BUSN602 Midterm Exam Set 2 Click Link Below To Buy: http://hwcampus.com/shop/busn602-midterm-exam-2/ Return to Assessment List Part 1 of 1 - 100.0 Points Question 1 of 20 5.0 Points Jill Clinton puts $1,000 in a savings passbook that pays 4% compounded quarterly. How much will she have in her account after five years? A.$1,200.50 B.$1,220.20 C.$1,174.80 D.$1,217.50 Question 2 of 20 5.0 Points An increase in inflation should: A.increase the demand for loanable funds B.decrease the interest rate on loans C.increase the interest rate on loans D.none of the above Question 3 of 20 5.0 Points Economists use a ___________________ framework to explain
(0.5 points) no d. How many creditors have made inquiries about Jessie Robinson's credit? (0.5 points) 3 e. Do you think Jessie Robinson usually pays bills on time and in full? (1-2 sentences. 1.0 points) Yes from the papers im seeing Jessie did pay his bills on time and in full. f. Do you think Jessie Robinson's credit score would be great, normal, or poor?
Direct materials $14 Indirect materials (variable) 4 Direct labor 8 Indirect labor (variable) 6 Other variable factory overhead 10 Fixed factory overhead 28 Variable selling expenses 20 Fixed selling expenses 14 During the period, the company produced and sold 1,000 units. a. What is the inventory cost per unit using absorption costing? b. What is the inventory cost per unit using variable costing?
All partners normally have an equal say in all business decisions. This can be modified as a condition of the initial negotiation to do business together. All profits are generally distributed equally among the partners. Business is generally conducted in close proximity to the location of the business. Expansion can only be approved by a majority decision by all partners.
Question 1 0 out of 0.1 points | | | In order to provide timely information for decision-making the life of the business is divided into arbitrary time periods of equal length called:Answer | | | | | Selected Answer: | Life cycles | Response Feedback: | Section 3.3 | | | | | Question 2 0 out of 0.1 points | | | The true statement concerning the accounting period is:Answer | | | | | Selected Answer: | The accounting period is the sequence of events from transactions through to financial statements | Response Feedback: | Section 3.3 | | | | | Question 3 0.1 out of 0.1 points | | | Quinn paid $440, including GST, for advertising. The entry to record this transaction is:Answer | | | | | Selected Answer: | Debit Advertising $400, debit GST Outlays $40; credit Cash $440 | | | | | Question 4 0 out of 0.1 points | | | A firm borrows $4000 cash from the bank. The transaction is recorded as:Answer | | | | | Selected Answer: | Debit Bank Loan $4000; credit Cash at bank $4000 | Response Feedback: | Section 3.8 | | | | | Question 5 0 out of 0.1 points | | | Machinery is purchased on credit for $16 000 plus GST. The general journal entry to record this transaction is: Answer | | | | | Selected Answer: | b | Response Feedback: | Section 3.8 | | | | | Question 6 0.1 out of 0.1 points | | | Which of these events would not be recorded by accountants?Answer | | | | | Selected Answer: | Received an order from a customer | | | | | Question 7 0 out of 0.1 points | | | The accounting entry when income is earned on credit is:Answer | | | | | Selected Answer: | Debit income, credit accounts receivable | Response Feedback: | Section 3.8 | | | | | Question 8 0.1 out
There are many advantages to being a sole proprietor. There are very easy to create, there’s no cost to create, or time involved. It’s as simple as selling goods or services, and start charging money in return. Some business may be required to obtain permits, to sell
Yes the market for roaming sim cards can be seen as perfectly competitive as for the following reasons. In perfectly competitive market price-taking firms have no influence over the ruling market price. There is also free entry and exit to and from the market. Moreover, identical (homogeneous) products are supplied and each supplier seeks to maximise profits. Everyone has perfect knowledge of prices, technology and production methods.