Sylvia wants to purchase a 2017 Dodge Challenger for a negotiated price of $38,770 inclusive of all costs (options, taxes, delivery charges, etc.). Sylvia will be making a down payment of $8,000. She has a choice between taking a $2500 cash rebate (and arranging her own financing at 4.98% for 36 months) OR selecting the dealer incentive financing of 0.9% APR for 36 months. What is the total cost of this car if Sylvia chooses the cash rebate option

Answers

Answer 1

Answer:

$38,492.84

Explanation:

Calculation to determine what is the total cost of this car if Sylvia chooses the cash rebate option

CASH REBATE:

First step is to determine the PMT using Financial calculator

N= 36

I/Y= 4.98/12= .415%

PV= 30770 - 2500 = 28270

PMT= ??

FV= 0

Hence,

PMT= 847.0234

Now let determine the total cost

Total cost=($847.0234*36)+$8,000

Total cost=$30,492.84+$8,000

Total cost =$38,492.84

Therefore the total cost of this car if Sylvia chooses the cash rebate option is $38,492.84


Related Questions


To avoid financial worry, keep the cost of housing (including mortgage, interest, insurance, and property taxes ) below_______of pre tax income.

A. 05%
B. 28%
C. 50%
D. 15%

Answers

pretty sure it’s D.

All the housing costs which include (mortgage, interest, insurance, and property taxes) should be below 28 percent of pre-tax income to avoid financial stress.

What is the 28% rule?

The 28 percent rule states that your house payment, including property taxes and insurance, should not exceed that percentage of your monthly gross income.

This is also known as a decent general guideline for mortgage payments or a safe mortgage-to-income ratio.

Therefore, Option B. 28% is the correct answer.

To learn more about the 28% rule, refer to the link:

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A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:

Answers

Answer: The correct procedure is to “debit cash over and short for $43”.

For purposes of computing the weighted average number of shares outstanding during the year, a transaction that must be treated as if it occurred at the beginning of the year is:

Answers

Answer:

The answer is option d. 367,500.

Determine the weighted-average number of shares outstanding as of December 31, 2018.

As a manager, Marcus is very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This is an example of the _______ theory.

Answers

Answer:

equity

Explanation:

From the question we are informed about, Marcus who is a manager and very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This case is an example of the equity theory. Equity theory can be regarded as theory that base give explanation or allows to know if the distribution of particular resources is been fair to both involved relational partners.

To measure, Equity the ratio of contributions/cost is been compared with benefits/rewards outing

each person in consideration.

ratio of inputs to that of outcomes gives the structure of equity in a company.

Which money market security is defined as short-term funds transferred between financial institutions, often for no more than one day

Answers

Answer: Federal Funds

Explanation:

The Fed requires that some financial institutions keep a certain proportion of their deposits with the Fed called a reserve requirement. Sometimes, on a daily basis, some financial institutions may not be able to meet up with this requirement whilst other exceed it.

When this happens, those with the excess can return lend those who don't have enough. This is called Federal funds and usually lasts for no more than one day.

Q. Compared with other investment asset classes, an investment in real estate is least likely to be characterized by:

Answers

Answer:

i really dont know/////////////////////////////////////////////////

Explanation:

who benefits from a loan?
A - only the person who is given the loan by a bank?
B - only the bank who gives the loan to a person
C - both the person who gets the loan and the bank that loans the money
D - no one benefits when a loan is given out

Answers

Answer:

C

Explanation:

The person gets money to spend, then over time the bank will earn that money back from the same person. So I'd say both benefit.

The combination of factors particular to a time and place that do not follow from a knowledge of the stable attributes of a consumer and a stimulus and that have an effect on current consumer behavior is known as

Answers

Answer:

situational influence

Explanation:

Situational influences can be regarded as temporary conditions which has an

effect on the behavior of the buyers towards your products. These holds in case whereby the buyer actually purchase the product, do not buy the product or even purchase additional products. These conditions are influenced by factors like time factors,

factors as well as social factors and

reason why the buyer make purchase and his/her mood.

It should be noted that situational influence is the combination of factors particular to a time and place that do not follow from a knowledge of the stable attributes of a consumer and a stimulus and that have an effect on current consumer behavior.

If the balance of the cash account is $80,800 at the end of the month, what was the cash balance at the beginning of the month

Answers

Answer:

$38,900

Explanation:

Missing word "During the month, Warwick co, received $332,800 in cash and paid out $280,900 in cash"

Particulars                                Amount

Cash balance at month end   $80,800

Add: Cash paid out                 $280,900

Less: Cash received               $322,800

Beginning cash balance       $38,900

On her first day on the job in the fast food restaurant, Kayla's supervisor spent considerable time with her, explaining procedures and making sure that she knew how to greet customers, fill orders, and operate the cash register. What stage in the leader-member exchange theory does this describe

Answers

Answer: Role taking

Explanation:

The leader–member exchange theory simply focuses on the two way relationship that exist between the leaders and the followers.

When a new member joins the organization, it's the responsibility of the leader to assess the talent of the new employee and offer him or her the opportunities to demonstrate their capabilities and explain the functions that the person is expected to perform. This is what Kayla's supervisor is performing.

According to the text, economists are starting to understand that ________ matter just as much as ________ to occupational success.

Answers

Answer:

personality traits; cognitive ability

Explanation:

The definition of a personality trait is a quality or an attributed that become different with respect to the character, action and the attitude.

While on the other hand, the cognitive ability means the mental capability that includes the capability for reasons, planning, problem solving

So here the personality traits are understand and also the cognitive ability for success of an organization

f a business wants to sell a product or service on the Internet for the first time, the __________ would need to understand the wide-ranging risks involved as well as the organization's security capability. A. executive committee B. operational risk committee C. compliance committee D. security committee

Answers

Answer:

b

Explanation:

The operational risk committee has the responsibility of maintaining and overseeing the operational risk of an organisation. They are to identify possible operational risks of all the activities of a company and take steps to mitigate and manage such risks

The functions of The operational risk committee includes :

Identify possible risksEvaluate the risks Develop and implement strategies needed to manage the riskEvaluate the risk and strategize implemented regularly

Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 100 items per hour. Two workers sharing a computer can together inventory 150 items per hour. Three workers sharing a computer can together inventory 160 items per hour. And four or more workers sharing a computer can together inventory fewer than 160 items per hour. Computers cost $100 each and you must pay each worker $25 per hour. Instructions: In parts a and b, round your answers to two decimal places. In part c, enter your answer as a whole number. a. If you assign one worker per computer, what is the cost of inventorying a single item

Answers

Answer: $1.25

Explanation:

Cost of inventorying a single item:

= (Cost of computer + Cost to employ worker per hour) / Items inventoried per hour

= (100 + 25) / 100

= $1.25

On August 31, Planar Corp. exchanged 100,000 shares of its $40 par value common stock for all of the net assets of Sistrock Co. The fair value of Planar's common stock on August 31 was $72 per share. Planar paid a fee of $320,000 to the consultant who arranged this acquisition. Direct costs of registering and issuing the equity securities amounted to $160,000. No goodwill or bargain purchase was involved in the acquisition. At what amount should Planar record the acquisition of Sistrock's net assets

Answers

Answer:

$7,200,000

Explanation:

Calculation to determine At what amount should Planar record the acquisition of Sistrock's net assets

Using this formula

Acquisition of Sistrock's net assets =(Shares of common stock issued ×Common stock fair value per share

Let plug in the formula

Acquisition of Sistrock's net assets=100,000*$72

Acquisition of Sistrock's net assets=$7,200,000

Therefore the amount that Planar should record the acquisition of Sistrock's net assets is $7,200,000

an artist brought a breach of contract claim against a museum...what effects will the dismissal order have

Answers

Answer:

The artist will not be able to refile or restart the same claim again.

Explanation:

The breach in a contract means when one of the party who have entered into an agreement fails to perform or deliver according to the contract terms made in the agreement.

In the context, the dismissal is be able to operate as the adjudication on its merits which [tex]\text{precludes the artist from re-asserting the same claim}[/tex] in some newly filed action. This involuntary dismissal are also prejudice, so that artist will not be able to re-start the same claim in a newly filed action.

A company purchased equipment for $50,000 on January 1 of its first year. The equipment’s original estimated useful life is 8 years and its estimated salvage value is $10,000. The company uses the straight-line method of depreciation. On December 31 of its second year, before year-end adjusting entries have been recorded, the company decides to shorten the estimated useful life by 3 years giving it a total life of 5 years. The company did not change the salvage value and continues to use the straight-line method. How much depreciation expense should be recorded for the second year?

Answers

Answer:

$7000

Explanation:

The following steps would be taken to determine the answer

1. Calculate depreciation expense given the initial information  

2. Determine the book value  

3. calculate the depreciation expense using the new information and the book value

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($50,000 - $10,000) / 8= $5,000

Book value = $50,000 - $5,000 = $45,000

(45,000 - 10,000) / 5 = $7000

 

The company should record $8,750 as the depreciation expense for the second year.

Data and Calculations:

Cost of equipment on January 1 = $50,000

Estimated useful life = 8 years

Estimated salvage value = $10,000

Depreciable amount = $40,000 ($50,000 - $10,000)

Annual depreciation expense based on Straight-line method = $5,000 ($40,000/8)

Net book value = $45,000 ($50,000 - $5,000)

Re-estimated total useful life = 5 years

Remaining useful life after the first year = 4 years (5 - 1)

Estimated salvage value = $10,000

Depreciable amount = $35,000 ($45,000 - $10,000)

Annual depreciation expense based on Straight-line method = $8,750 ($35,000/4)

Thus, the depreciation expense for the second year is $8,750.

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_____ is used to develop tactical plans by integrating customer-focused marketing plans for new and existing products with the operational management of the supply chain.

Answers

Answer:

Sales and operations planning (S&OP).

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

Generally, the four (4) stages of a supply chain include the following;

I. Supply management.

II. Supply chain management.

III. Supply chain integration.

IV. Demand-supply collaboration.

Sales and operations planning (S&OP) is an aspect of business management and supply chain planning that is typically used for the development of tactical plans by integrating customer-focused or customer-oriented marketing plans with respect to new and existing products into the operational management of the supply chain.

In conclusion, sales and operations planning (S&OP) helps manufacturers to better match supply with consumer demands by means of collaboration between the sales department and the operations department to create a single production plan.

Nancy works in a factory that produces dolls and other toys. To improve productivity, Nancy's manager broke down each job into its component tasks, determined the best way to perform each task, and specified the output to be achieved by each worker performing the task. As a result, Nancy is expected to add arms and legs to 50 dolls per day. She is paid $2.50 per doll, but if she exceeds 50 dolls in a day, she receives an additional $1.50 per doll. This scenario relates to

Answers

Answer:

the classical theory of motivation.

Explanation:

the three classical theory of motivation are :

Maslow's hierarchy of needs theory Herzberg's Two factor theoryTheory X and Theory Y.

Theory X ad Y are theories about workers motivation and management. they were developed by Douglas McGregor in the 1960s in his book the human side of enterprise.

Assumptions of theory X

1. Workers dislike their work

2. Workers would not work unless coerced

3. Workers have to be micromanaged

4. Workers need incentive to work

Theory x encourages an authoritarian management style

Assumptions of theory Y

1. Workers enjoy their work

2. workers need little or no incentive to work

3. Workers seek and take on responsibility

4. Workers are more engaged in decision making

The management style employed by Nancy's boss is more aligned to theory X

How are maquiladoras similar to sweatshops? I. Workers are paid very low wages in both systems. II. Both are prevalent in underdeveloped nations. III. Both are outlawed internationally. A. I. only B. II. only C. I. and III. D. I. and II. Please select the best answer from the choices provided. A B C D

Answers

Answer:

D.) I. and II

I. Workers are paid very low wages in both systems.

II. Both are prevalent in underdeveloped nations.

Explanation:

maquiladora can be regarded as mode of manufacturing that is associated to countries such as Mexico, which is been at up by a foreign company, and it involves export of the manufactured goods out of that country to the origin country of the company. There are some benefits for the factory such as

duty-free as well as tariff-free imports of raw materials. sweatshop can be regarded as sweat factory, it is a crowded workplace that has socially unacceptable as well as

very poor and illegal working conditions. Employees in sweatshops usually have work long hours and petty pay.

It should be noted that maquiladoras similar to sweatshops in ways such was ;

✓Workers are paid very low wages in both systems.

✓Both are prevalent in underdeveloped nations.

Answer:

d

Explanation:

__________ is a control mechanism in which organizations make sure that the right people do the right things at the right time.

Answers

The hierarchy of authority is a control mechanism in which organizations ensure that the right people do things at the right time.

What the organizational structure?

It is the set of components that make up the organizational whole, making its structure and systems aligned with its central objective. The structure is composed of three factors:

ComplexityFormalizationCentralization

Therefore, the hierarchy of authority is a part of the centralized organizational structure that will ensure that processes run correctly.

Find out more about organizational structure here:

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If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on the:

Answers

Answer:

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.

The level of concern for, or interest in, the purchase process triggered by the need to consider a particular purchase is

Answers

Answer:

purchase involvement

Explanation:

Purchase involvement can be regarded as level of concern or interest that is been raised in course of purchase process, any trigger as a result of

the need to consider a particular purchase result in Purchase involvement. level of consumer involvement is been seen as how interested the consumer is as regards buying as well as consuming a particular product. Those Low-involvement products are been seen as inexpensive, they usually pose low risk if the buyer make a purchase to that product mistakenly.

It should be noted that purchase involvement is the level of concern for, or interest in, the purchase process triggered by the need to consider a particular purchase.

Answer: It is purchase involvement.

Select the correct answer.

Shazia writes a novel about the lives of nomads who lived in the 1800s. She later finds out that a big production house has launched a movie based on a theme that Shazias’ book covers, including a few exact details. The production house didn’t check with Shazia for her consent. Which IPR right has the production house violated?

A.

trademark

B.

copyright

C.

patent

D.

trade secret

E.

goodwill

Answers

Copyright. Copyrights protect all creative material, including the material in which Shazia created.

During 2013, Arb Company incurred the following direct labor costs: January $20,000 and February $30,000. Arb uses a predetermined overhead rate of 120% of direct labor cost. Estimated overhead for the 2 months, respectively, totaled $19,500 and $35,700. Actual overhead for the 2 months, respectively, totaled $24,500 and $32,500.

Determine if overhead is over- or underapplied for each of the two months and the respective amounts.

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Predetermined overhead rate= 120% of direct labor cost

First, we need to allocate overhead for the 2 months:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Month 1:

Allocated MOH= 20,000*1.2= $24,000

Month 2:

Allocated MOH= 30,000*1.2= $36,000

Now, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Month 1:

Under/over applied overhead= 24,500 - 24,000

Underapplied overhead= $500

Month 2:

Under/over applied overhead= 32,500 - 36,000

Overapplied overhead= $3,500

Why do companies like Abercrombie & Fitch and Zara think that opening retail outlets in Japan will help them with their future products?

Answers

Answer: opportunity

Explanation:

Saw a question like this before. Because it's a opportunity to get more customers and doing it in other countries gives you opportunity for it

Answer:

Because of opportunity

A negotiable CD is a: a short-term unsecured promissory note issued by a company to raise funds for a short time period. b loan to an individual or business to purchase a home, land, or other real property. c short-term fund transferred between financial institutions usually for no more than one day. d marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.

Answers

Answer:

d. marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

A negotiable certificate of deposit (NCD) can be defined as a type of certificate of deposit (CD) that has a minimum face (par) value of $100,000 and can't be redeemed before its maturity date i.e it doesn't allow the holder to withdraw money until the pre-determined date.

This ultimately implies that, a negotiable certificate of deposit (NCD) is a marketable bank-issued time deposit that specifies the interest rate earned (interest-bearing time deposits) and a fixed maturity date.

I need this answer guys PLEASE.
Will give Brainliest
Demand-pull inflation occurs when

the price of goods rises suddenly and extremely fast.
consumers begin purchasing more goods.
producers need more money to make and distribute goods.
the government prints more money and pushes prices up.​

Answers

Answer:

The production and transport of good and service are high and rises than the demand pull inflation occurs. It may be profitable for any business. Demand pull inflation need cost more but more than that they get profit

Required: Journal entry
Issued a cheque of Rs.39000 to Saurya stores in full settlement
please help me ​

Answers

Answer:

If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.

Date                    Account Title                                           Debit               Credit

XX-XX-XXXX     Accounts Payable - Saurya Stores     Rs. 39,000

                           Cash                                                                            Rs. 39,000

A(n) __________ opening involves actually providing a demonstration of a good or service as soon as a salesperson meets the prospect.

Answers

Answer:

Product

Explanation:

Four A's of Selling Process

1. Acknowledge

2. Acquire

3. Advise and

4. Assure

The vital elements of the sales entails

making a good impression, identifying or reiterating needs, offering the solution to the buyer's needs, and lastly credibility and trust.

Opening

This is simply done in order to get the attention and interest of potential customers quickly and thereby making a smooth transition into the next phase.

Types of Openings: They includes;

Complimentary, Referral Approach, Premium Approach, Product Approach, Showmanship Approach, Benefit Approach, Question/Opinion Approach, Shock Approach and Probe (SPIN) Approach.

Michelle, The CEO of Nariko Jets, an airlines company, stated that she owes the credit of her professional success to the time she spent as a volunteer at a homeless shelter and her passion for artwork. She said that she learned to never stop dreaming from her work as a volunteer. Nariko Jets, according to Michelle, was the result of her combined efforts at life lessons that she learnt at the homeless shelter and her paintings which provided her inspiration to help create passenger and jet airlines that would make travel easier and more comfortable. Her competitors have always envied her success. Which of the following factors of inimitability is best reflected in this scenario?
A. First-mover advantage
B. Positive network externalities
C. Casual ambiguity
D. Tacit knowledge

Answers

Answer:

The correct answer is the option C: Casual ambiguity.

Explanation:

To begin with, in the field of business the concept known as "Casual Ambiguity" refers specifically to the situation where the competitors of a company do not understand how the inputs are combined in order to form the outputs due to the fact that they believe that there are several  more factors that are not tangible that are affecting the production and that is why that the outputs end up being better products and more complicate it to understand. That is the case presented where the casual ambiguity is related to the life lessons and efforts that Michelle has done during his volunteer time.

Answer: C. Casual ambiguity

Explanation:

Inimitability refers to having qualities that cannot be so easily copied. In business, it gives rise to a competitive advantage that sets you apart from others.

One reason for inimitability is casual ambiguity. This refers to when the background of a company does not seem to correlate with or explain how the company in question, came to be successful. This ensures that other companies are unable to understand what they are to do to become as successful as those companies.

It is the case here. Competitors are unable to understand how paintings and growing up in an orphanage are helping Michelle so they cannot copy her strategy.

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