Willie is a boat dealer. He pays 28250 for a boat and uses a 30% markup on cost. At what price should willie resell the boat?

Q: You are creating a business from home and your neighbor is willing to sell to you a brand-new BBQ…

A: Minimum list price would be purchase price plus all expenses. In this case there will be no profit…

Q: Salim decided to drive to Salalah, what would be the differential cost ($) of the that option? a.…

A: Differential cost of option is C) none of the above.

Q: Show excel formula please. Reymundo purchases a property for $300,000. He gets a 2.00% 30 yr fixed…

A: The PMT function or concept can be used to determine the periodic payments required to accumulate a…

Q: Mr. Jones, the owner of a small service business, decided to give his personal truck to the business…

A: The following information given in the question: 1.  Decided to give his personal truck to the…

Q: Robin Williams has just purchased some equipment for his business. For this equipment he must pay…

A: In finance and investment analysis, Present Value refers to the current worth or value of a future…

Q: Amanda Forsythe of Springfield, Missouri, must decide whether to buy or lease a car she has…

A: Financed charged is the cost of financed the item. Lease is the agreement in which one part gives…

Q: Dean decides to buy a used vehicle. The vehicle cost $10,000 and his car loan APR is 2.5%. If it…

A: Given information: Cost of vehicle is $10,000 APR is 2.5%, Number of years is 4

Q: Larry wants to buy a new Toyota Avalon. The sticker price on the model he is interested in is…

A: Negotiation is a communication and problem-solving process used to reach agreements or settlements…

Q: 10. Tammy purchased a vehicle for $35,000 two years ago using a 5 percent, 5-year loan. She has…

A: In an amortized loan, the borrower makes regular payments at regular intervals. The payments…

Q: Salim is financial advisor and consultant. He wishes to go to Salalah during Al Khareef season. He…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: Dave bought a Ford Mustang seven years ago for RM32,000. He has decided to sell it as he now needs a…

A: Rate of return refers to the minimum return that is being earned by the investors over the amount of…

Q: Jude is arranging for a party to be held in the students' union. The use of the hall will be free…

A:

Q: Brooke bought a new car for $⁢32,000. She paid a 20% down payment and financed the remaining balance…

A: Formulas:

Q: Marcus runs a business selling reclining chairs. He buys 540 chairs for $55 each (including GST)…

A: Solution: Marcus buys 540 chairs for $55 each (including GST)                            and He…

Q: Jessica Railes is purchasing a condo and is shopping for an​ HO-6 policy. Her auto insurer quoted…

A: The objective of the question is to calculate the amount by which Jessica's insurance premium would…

Q: What information is missing that is necessary for you to solve this problem? "David buys a car for…

A: A question has been stated. However information provided there are not adequate. The missing pieces…

Q: Annie buys a television set from a merchant who ask P1, 250 at the end of 60 days. Annie wishes to…

A: Future value (FV) = P 1250 Interest rate (r) = 8% Period (d) = 60 days Cash price = P

Q: Jaime found a 3 bedroom house for sale. Listing price is $275,000. He placed a bid of $260,000 on…

A: The buyer should think of various scenarios to the prevailing market conditionsFirst, he needs to…

Q: For his birthday, Michael choose to have a brand new car instead of debut party. His father brought…

A: Net sales price = Value of car - discount given = $980,000 - $40,000 = $940,000

Q: Rhonda has her own law practice in London, Ontario. During 2020 she paid $3000 to attend four…

A: Expense refers to the amount of expenditure or cost incurred to purchase something. Purchase can be…

Q: A home improvement firm has quoted a price of $9,800 to fix up Eric's backyard. Five years ago, Eric…

A: Answer : Present value = $7,500 Interest rate = r = 5.25% yearly Time = 5 years Future value =…

Q: Sonny purchased a new television that sells for $1650 including tax and delivery. He paid $350 down…

A: The monthly payment is influenced by numerous factors, including the principal amount, interest…

Q: The Tomlinsons decided to sell their home for $355,000. They are charged a real estate commission of…

A: To find out the amount the Tomlinsons receive after fees, we need to subtract the total fees from…

Q: The Bourassas decide to sell a home for $460,000. They are charged a real estate commission of 8% of…

A: Value of house = $460,000 real estate commission = 8% Title insurance = 1.2% escrow fee = $875

Q: The effective interest rate to the nearest percent for the financing arrangement for the five annual…

A: The effective rate of interest, also known as the effective annual rate (EAR) or annual equivalent…

Q: Elizabeth is a young woman living in Barbados. She approaches a bank for a loan to purchase a used…

A: By distributing resources and producing liquidity for firms and entrepreneurs, financial markets…

Q: Hansel has been driving her Jaguar X-Type luxury car for many years and has now decided to sell her…

A: CASE  I :  Hansel decided to sell her Jaguar. Hansel  puts an advertisement in the newspaper saying…

Q: John sells a product for $65 and it cost $30 to produce (UVC) and has fixed cost (FC) of $175,000…

A: Break-Even Point of Sales is that point on which company will recover all cost ( Variable Cost +…

Q: Mr. Russ T. Steele sells his old vehicle for $5000 (you get more if you private sale!) and pays cash…

A: The Equivalent Annual Cost: The Equivalent annual cost gives an estimate of the equivalent equal…

Q: .Susanna runs a hat shop in Melbourne, VIC. During the FY20, she bought 300 hats for $99 each (incl…

A: GST Payable = Output Tax - Input Tax

Q: Mr. Bell is provided with a diesel car which had a list price of £22,000 when it was first…

A: Lets understand the basics. As per HMRC, when employer gives car benefit to employees then employer…

Q: .Link wants to make $100,000 after tax on his new venture into selling pizza-on-a-stick, using a…

A: ANSWER   1. Point of indifference is the level of volume at which total costs of two…

Q: Kabe owns a fleet of light delivery vehicles. One of his delivery vehicles with a market value of…

A:

Q: Joshua sold his bike for 10% less than he paid for it. If he sold the bike for $585, how much did he…

A: Selling Price of Bike = $ 585loss on Selling = 10% of Purchase PricePurchase Price = ?

Q: ou find a $50 USD bill in one of your parent’s old coats and they let you keep it.  You decide to…

A: Net Selling price= Cost Price of product * (1- Sales discount %)*(1+Tax%)

Q: .Discuss the VAT implications for 2022. A

A: Value Added Tax (VAT) is a type of consumption tax imposed on goods and services at every stage of…