Fnd the total net profit lost if the local bank will loan

Assignment Help Mathematics

Reference no: EM13473928

New engraver cost: $25,000

One-year loan cost: 12% interest

Revenue per day from engraving: $975

Profit margin on engraving: 25%

Potential days lost, if engraver breaks: 18

1. What is the total net profit lost if the The local bank will loan Charlie $25,000 for 1 year at an interest rate of 12% with only one payment due at the end of the year. If Charlie borrows the full $25,000 for the new engraver, what will the total cost of the loan be?

2. Calculate the total amount of revenue (gross profit) that will be lost if the engraver breaks.

3. If the engraving business makes $975 per day in revenue and generates a net profit of 25%, how much profit is generated per day?

4. engraver is out of commission for the full 18 days?

5. If the engraver is kept busy 269 full days per year, how much revenue (gross profit) will be generated?

6. If the engraver is kept busy 269 full days per year, how much net profit will be generated?

7. Given a 25% profit margin and $975 per day in revenue, how many days would it take for the new engraver to earn back the total cost of purchase, if the entire net profit were allocated to pay for the unit? Round your answer to the next full day.

Reference no: EM13473928

Questions Cloud

Write down a 700- to 1050-word paper in which you compare : write a 700- to 1050-word paper in which you compare and contrast at least three performance measurements. discuss the

If engraving business makes 975 per day in revenue and : new engraver cost 25000 one-year loan cost 12 interest revenue per day from engraving 975 profit margin on engraving 25

An aquarium holding african cichlids is 6 inches higher : an aquarium holding african cichlids is 6 inches higher than it is wide. its length is 27 inches and its volume is 7560

What is our personal responsibility toward the natural : 1000 word essay mla format.what is our personal responsibility toward the natural world toward what we term our natural

Fnd the total net profit lost if the local bank will loan : new engraver cost 25000one-year loan cost 12 interestrevenue per day from engraving 975profit margin on engraving

Write an essay interpreting some aspects of a story try to : write an essay interpreting some aspects of a story. try to convince your readers that your perspective on the story is

A high school principal wanted to know if the racial makeup : 1.a researcher plans a study in which a crucial step is offering participants a food reward. it is important that the

Write down a 700- to 1050-word paper in which you compare : write a 700- to 1050-word paper in which you compare and contrast at least three performance measurements. discuss the

Make your own quadratic equation and demonstrate how it : you must show your work on each of the following questions.rewrite y x2 14x 29 in general form.rewrite y 3x2 - 24x

User Account

All Pages