Find the selling price of an item which has a cost price of $15.61 and is sold at a loss of 371/2 %  Ans $9.76

Q: Lush Gardens Co. bought a new truck for $50,000. It paid $5,000 of this amount as a down payment and…

A: We need to use NPER function in excel to calculate time to payoff loan. The formula…

Q: A Dodge truck is purchased for $39,000 paying $5,000 down and the remainder in equal monthly…

A: Purchase price=$39,000 Down payment=$5,000 Principal loan amount=$39,000-$5,000=$34,000 No. of…

Q: Fruit Packers uses packing machines to prepare its products for shipping. Each machine  costs…

A: Equivalent annual cost (EAC) Equivalent annual cost (EAC) is an annual cost to own, maintain and…

Q: A snow cone machine at an ice cream shop costs $15,000. The machine is expected to generate profits…

A: Given information: Initial cost of machine is $15,000, Cash flows for 10 years is $2,500

Q: Dave Krug finances a new automobile by paying $7,300 cash and agreeing to make 20 monthly payments…

A: When it comes to personal, corporate, and governmental financial planning, TVM is crucial. It…

Q: A special purpose machine toolset costs $20,000. The toolset will be financed through a bank loan of…

A: The question is based on the calculation for benefit of buying a special purpose machine , which is…

Q: Horner Company buys a delivery van with a list price of $3,000,000. The dealer grants a 15%…

A: Fixed assets are those assets which are being held by the business for longer period of time and all…

Q: A private producer of crops in Bohol wants to purchase a heavyduty harvester that cost a whopping…

A: Loan refers to a sum of amount that is being borrowed by a borrower who is in need of funds from the…

Q: What monthly payment will she be required to make if the car is financed over a period of 24 months?…

A: Loan Monthly Payments: These are payments made by the borrower to the lender for the purpose of…

Q: The plant manager of Shenzhen Electronics Company is considering the purchase of new automated…

A: The question is related to Capital Budgeting. The pay back period is the length of time required to…

Q: A printing machine is bought at P 1.3 million and is estimated to have a salvage value of P100,000…

A:

Q: A solid waste disposal company borrowed money at 10% pe and other equipment needed at the…

A: The principal amount would the present value of single payment done after 2 years considering the…

Q: A bag manufacturer will rent a space in a mall for 24 months for an exhibit. The monthly rent is…

A: Using excel PV and PMT function to calculate the single lumpsum payment

Q: A firm can lease a truck for 4 years at a cost of $38,000 annually. It can instead buy a truck at a…

A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…

Q: Dave Krug fin

A: Annuity is used in case of a future annuity – suppose an equal sum of money is invested in the bank…

Q: A company sells Gizmos to consumers at a price of $90 per unit. The costs to produce Gizmos is $38…

A: Operating Cashflow = PAT +Depreciation

Q: A new gizmo costs $9050. Maintenance costs $6907 per year and labour savings are $1900 per year.…

A: The payback period is a financial metric that is commonly used to determine how long it will take…

Q: A new gizmo costs $10 000. Maintenance costs $2000 per year and labour savings are $6567 per year.…

A: The payback period refers to the period that is required to recover the initial cost. With the help…

Q: company makes payments of $1,600 at the end of every month, how long will it take to settle the…

A: Loan: It is the amount of credit taken by the borrower for a period from the lender. The lender…

Q: A. A man purchases a computer worth P35, 000 with an interest of 3% per month. He signed a contract…

A: Loan Amortization: A simple definition of amortization is the amount of principle and interest that…

Q: The purchase price of a condominium is $122,000. A down payment of 22% is made. The bank charges…

A: Solution : Given, Purchase price = $122,000 Down payment = 22% Bank charges =  $730   Now, Firstly…

Q: A company purchased a new machine for $70,000.  They borrowed the money to buy the machine from…

A: Given information : Purchase price = $24,000 Interest rate = 4% Time period = 24 months

Q: sh Gardens Co. bought a new truck for $58, 000. It paid $6, 380 of this amount as a down payment and…

A:

Q: Lush Gardens Co. bought a new truck for $54,000. It paid $4,860 of this amount as a down payment and…

A: A loan is a financial arrangement in which a lender provides money to a borrower with the…

Q: A small commercial building contractor purchased a used crane 2 years ago for $60,000. Its operating…

A: Commerical building expenses = 60000 Operation cost = 2500 for one month and then increases by 50…

Q: Tea and Crumpet’s Inc. needs $11,302.77 to purchase a new commercial oven. If the company can afford…

A: Here, Required Amount (FV) is $11,302.77 Amount Deposited Today (PV) is $6,400 Interest Rate (r) is…

Q: aying monthly payments of $480 each, the first payment to be made one month after the purch The loan…

A: Annuity is used in case of a future annuity – suppose an equal sum of money is invested in the bank…

Q: A new machine costs $10 000. Maintenance costs $2000 per year and labour savings are $6567 per year.…

A: The payback period alludes to what extent it takes for a speculator to hit breakeven to recoup the…

Q: Required information In order to build a new warehouse facility, the regional distributor for Amazon…

A: Time value of money concept consider interest for time. Interest= amount* rate * period In absence…

Q: business purchases 3 new press machines for $150,000 each or a total of $450,000. It borrows…

A: Total cost of assets purchased to the loan taken for assets would give the loan to value ratio.

Q: BC Microsystems Incorporated bought a new flatbed scanner for office u stimated that a year after…

A: Money prepared will be equal to the present value of five years maintenance cost.

Q: Dave Krug finances a new automobile by paying $6,100 cash and agreeing to make 20 monthly payments…

A: Compound = Monthly = 12Down Payment = d = $6100Number of Payment = n = 20Payment = p = $530Interest…

Q: A person is planning to purchase a car. A new car is costing rupees 3 lacs. The resale value of the…

A: Fixed assetsThe assets available in the company for the use of operating activities and used for a…

Q: A truck costing $119,000 is paid off in monthly installments over four years with 6.2​% APR. After…

A: Truck value =$ 119000 Interest Rate(r) = 6.2% APR = 6.2/12 = 0.516667% Total Years = 4 Total…

Q: The price of a new car is $36,000. Assume that an individual makes a down payment of 25% toward the…

A: The loan which is paid-off by making installment payments having two components as interest mount…

Q: A company has just purchased a machine with a cost of $79,994, and signed a note to pay the…

A: Present value: This is the amount of future value reduced or discounted at a rate of interest till…

Q: The owner of a bicycle repair shop forecasts revenues of $168,000 a year. Variable costs will be…

A: The income statement is one of the financial statements that record the company’s income, expenses,…