You want to buy a motorcycle for $12 comma 500 plus freight of $135 and other delivery charges of $225. You have already saved 35% of the total purchase price (including all charges) towards a down payment. The bank is willing to finance the remaining balance at 9.43% compounded quarterly. What is the size of your monthly payment if the loan is for 3.75 years. Question content area bottom Part 1 The monthly payment is $ enter your response here. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

You want to buy a motorcycle for $12 comma 500 plus freight of $135 and other delivery charges of $225. You have already saved 35% of the total purchase price (including all charges) towards a down payment. The bank is willing to finance the remaining balance at 9.43% compounded quarterly. What is the size of your monthly payment if the loan is for 3.75 years. Question content area bottom Part 1 The monthly payment is $ enter your response here. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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5. Suppose you are expecting your fourth child in six months and you need a bigger car. You have your eye on a used three-year-old minivan that currently costs approximately $10,000. You are concerned about the pricing and availability of this specific car in six months' time, but you won't have enough money to purchase the car until six months from today. a. How could you advertise in the newspaper for a forward contract with a counterparty that would eliminate your risk? b. Who would be willing to take the short position on your forward contract? (Who is the likely counterparty?)
What are the interest cost and the total amount due on a six-month loan of $1,500 at 11.1 percent simple annual interest?
Your options for shipping $96,970 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a ship that will take 32 days at a cost of $3,370, or (2) truck the parts to Los Angeles and then ship at a total cost of $5,180. The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year. If you have a third option and it costs only $4,440 and also takes 20 days, what is your most economical plan? The daily holding cost of Alternative 1 is $ 79.70 . (Enter your response rounded to two decimal places.) The daily cost of faster shipping with Alternative 2 is $ 150.83. (Enter your response rounded to two decimal places.) The daily cost of faster shipping with Alternative 3 is $ (Enter your response rounded to two decimal places.)
If a company would like to reduce its average collection period, it can either offer a cash discount or increase net terms. True or false ? and why?
Jerry spends his days originating loans in the primary mortgage market. He originates them, but the financing comes from a lender that Jerry partners with. This is because Jerry doesn't have funds of his own to lend. What job does Jerry most likely have? private lender mortgage banker credit union associate mortgage broker
“Suppose that you have been given a summer job at J limited, a company that manufactures sophisticated radar sets for commercial aircraft. The company, which is privately owned, has approached a bank for a loan to help finance its tremendous growth. The bank requires financial statements before approving such a loan. You have been asked to help prepare the financial statements and were given the following list of costs: The cost of the memory chips used in a radar set. Factory heating costs. Factory equipment maintenance costs. Training costs for new administrative employees. The cost of the solder that is used in assembling the radar sets. The travel costs of the company’s salespersons. Wages and salaries of factory security personnel. The cost of air-conditioning executive offices. Wages and salaries in the department that handles billing customers. Depreciation on the equipment in the fitness room used by factory workers. Telephone expenses incurred by factory management.…
Your options for shipping $104,800 of machine parts from Baltimore to Kuala Lumpur, Malaysia, are (1) use a ship that will take 30 days at a cost of $3,370, or (2) truck the parts to Los Angeles and then ship at a total cost of $5,030. The second option will take only 18 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30% of the value per year. If you have a third option and it costs only $4,080 and also takes 18 days, what is your most economical plan? Part 2 The daily holding cost of Alternative 1 is $________. (Enter your response rounded to two decimal places.) Part 3 The daily cost of faster shipping with Alternative 2 is $________. (Enter your response rounded to two decimal places.) Part 4 The daily cost of faster shipping with Alternative 3 is $________. (Enter your response rounded to two decimal places.) Part 5 ▼ Alternative 1? Alternative 2? Alternative 3? is more economical.
Assume the following scenario Company A Company B Company C (Wants Fixed) (Wants Float) (Wants Float) Fixed 8% Float 7% Amount $1,000,000 7% 8% $500,000 10% 10% $500,000 How much does each company save by engaging in interest rate swaps if we assume each company shares the benefits evenly with their counterparty.
True or false 1. Interest Rate Parity allows a company to lock in profits by borrowing in the low interest rate currency and investing in the high interest rate currency? 2. When calculating Days Sales Oustanding, it is important to include all credit and cash sales in the equation.
Manufacturing businesses at some point will need to invest in capital equipment, in the form of machinery, vehicles, buildings and other equipment. Capital equipment investment is decision premised up complex financial and operational requirements, but it is a decision no business can avoid permanently. Mosetsana Pads has currently outsourced the manufacturing and distribution of their products, but they are considering bringing both aspects back in-house, since the business is growing and has garnered enough market share to warrant that level of expenditure and expansion.
Use the inventory table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a 40% gross profit is realized on sales and net sales are $115,990. Date of purchase Units Cost per Total Retail price Total retail purchased unit cost per unit value Beginning inventory 41 $830 $34,030 $985 $40,385 February 5 20 $1,750 $35,000 $2,115 $42,300 February 19 15 $975 $14,625 $1,996 $29,940 March 3 28 $470 $13,160 $610 $17,080 Goods available for sale 104 $129,705 Units sold 81 Ending inventory 23 The estimated cost of goods sold is $
Please help me answer this one. Refer to the given picture. Topic: Inventory Management Instruction: Analyze the given situation or problem. Type only the answers, solutions, or formulas if necessary.