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Question: Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no errors.
Cash price $7,950
Down payment $0
Annual percentage rate 14.53%
Deferred price $11,223.60 or 60 payments at $187.06 per month
a. Calculate the amount financed.
Amount financed $
b. Calculate the finance charge. (Do not round intermediate calculations. Round your answer to the nearest cent.) Finance change $
c. Calculate the APR by formula. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 1 decimal place.)
APR by formula %
dupont analysis doublewide dealers has an roa of10 a 2 profit margin and an roe of 15.nbspwhat is its totalassets
Fast Turnstiles Co. is evaluating the extension of credit to a new group of customers. Although these customers will provide $216,000 in additional credit sales
1. Discuss the characteristics of operational risk data and explain how this influences how operational risk is measured?
What major problem might arise with intercompany debt between a domestic parent and a foreign subsidiary or between subsidiaries in different countries? How has Hershey Foods dealt with this problem?
Recovering from a service failure requires different strategies and methods for hotel serving business travellers than for restaurant serving family dinners. State whether you agree or disagree.
Contrast the three primary categories of cash flows provided in the statement of cash flows. Your response should be at least 250 words in length
In regards to business, what are some tools a business owner can use to measure effectiveness?
A firm has current assets of $36,000, cash of $5,000, current liabilities of $20,000, total assets of $80,000 and total liabilities of $45,000, what is its net working capital?
bell mountain vineyards is considering updating its current manual accounting system with a high-end electronic system.
When to use: If the compounding period is more (or perhaps less) frequent than once a year. Sample problem: You invest $1,000 compounded semiannually.
How many of the following formulas could be entered in cell G9 and copied down to G10:G12 to achieve
When firms increase dividends, stock prices tend to increase. One reason given for this price reaction is that dividends operate as a positive signal.
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