The owner of a bicycle repair shop forecasts revenues of $180,000 a year. Variable costs will be $55,000, and rental costs for the shop are $35,000 a year. Depreciation on the repair tools will be $15,000 e. Prepare an income statement for the shop based on these estimates. The tax rate is 20% INCOME STATEMENT b. Calculate the operating cash flow for the repair shop using the three methods given below Now calculate the operating cash flow
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- - please answer in excel and show work please The manager of Steve's Audio has approved Daisy's application for 24 months of credit with maximum monthly payments of $65. If the annual percentage rate (APR) is 15.8 percent, what is the maximum initial purchase that Daisy can buy on credit? Multiple Choice $1538.25 $1,330.12 $ 890.99 $980.99 $1, 434.67Direct Call offers a calling plan that charges $5.00 per month plus $0.02 per minute of call time. Under this plan, what is your monthly cost if you talk for a total of 200 minutes? Select one: O O A. $(1.00) B. $5.00 C. $9.00 D. $4.00Capital One is advertising a 60-month, 5.99% APR motorcycle loan. If you need to borrow $8,000 to purchase your dream Harley Davidson, what will your monthly payment be? Question content area bottom Part 1 Your monthly payment will be $enter your response here. (Round to the nearest cent.)
- CLV3: A new streaming platform, MV expects to make a margin of $10 every month from each of its active customers. Using the below information, calculate the CLV of each customer for the first three months. Monthly discount rate is 10% • Customer has a transactional relationship with MV • The payment is made at the beginning of the month The number of active customers for MV decreased from 1,250 to 1,000 active customers over the last month. Hint: Calculate the retention rate based on the information above:Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no errors. Cash price $7,850 Down payment $0 Annual percentage rate 12.78% Deferred price $10,715.40 or 60 payments at $178.59 per month Calculate the amount financed: $7,850 Calculate the finance charge: 2,865.40 Calculate the APR. Note: Round your answers to 2 decimal places. APR: between ??% and ??% Calculate the monthly payment by formula. Note: Round your answer to the nearest cent. Calculate the monthly payment by table lookup at 13.00%. (Use Table 14.2.) Note: Round your answer to the nearest cent. TABLE 14.2 Loan amortization table (monthly payment per $1,000 to pay principal and interest on installment loan) Terms in months 7.50% 8.00% 8.50% 9.00% 10.00% 10.50% 11.00% 11.50% 12.00% 12.50% 13.00% 13.50% 14.00% 14.50% 15.00% 15.50% 16.00% 6 $ 170.34 $ 170.58 $ 170.83 $ 171.20 $ 171.56 $ 171.81 $ 172.05 $ 172.30 $ 172.55 $…ramon hernandez saw the following advertisement for a used volkswagen bug and decided to work out the numbers to be sure the ad had no errors. cash price $7,880 down payment $0 annual percentage rate 14.53% deferred price $11,131.80 or 60 payments at $185.53 per month a. calculate the amount financed: $7,880 b. calculate the finance charge. (round your answer to the nearest cent.): $3,251.80 c. calculate the apr by table lookup. (use table 14.1(b).) (round your answers to 2 decimal places.): 14.50% to 14.75% d. calculate the monthly payment by formula. (round your answer to the nearest cent.): ?? Calculate the monthly payment by table lookup at 14.50% (Use table 14.2 round your answer to the nearest cent): ??
- K A person buys a phone for $88 and signs up for a single ine phone plan with 2000 monthly anytime minutes. The plan costs $115.93 per month Write an equation that can be used to determine the total cost. C(t), of this phone plan fort months Then, find the cost for 23 months, assuming that the number of minutes the person uses does not exceed 2000 per month An equation that can be used to determine the total cost Con of the phone plan for 1 months is Cm= (Use integers or decimals for any numbers in the expression) The cost for 23 months, assuming that the number of minutes the person uses does not exceed 2000 per month, s empts ) of -CUI... All Branches - Fall 2020/21.. A Saved Help Save & Exit Submit Douglas Noel went to Home Depot and bought eight doors at $43.19 each and eight bags of fertilizer at $8.70 per bag. (Round your answers to 2 decimal places.) What was the total cost to Douglas? a. Total cost :14 b. If Douglas had $450 in his pocket, what does he have left to spend? Balance cost Next > < Prev 4 of 10 08:07 e O ENGA tree provider to plant nurseries is trying to use customer lifetime value to determine the value of its customers. Two customers are shown below. Use customer lifetime value to determine the importance of each customer. Use a 7 percent discount rate. Avg. Annual Sales Avg. Profit Margin Customer A: Customer B: $26,500 $14,000 Do not round intermediate calculans. Round your answers to the nearest dollar. NPV (Customer A): $ 25% 15% Expected Lifetime 11 years 7 years NPV (Customer B): $ What do you recommend? -Select- is more important.
- A local florist is buying some ad space on Hampton Roads.com. The company is told that it can be guaranteed 100,000 impressions for a total cost of $500. How much is the CPM? $0.005 $5 $20 $200A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay $3,200 for a Dell XPS laptop, or lease from the manufacturer for monthly payments of $89 each for four years. The designer can borrow at an interest rate of 12% APR compounded monthly What is the cost of leasing the laptop over buying it outright? A. Leasing costs $144 more than buying. B. Leasing costs $180 more than buying. OC. Leasing costs $216 more than buying. OD. Leasing costs $359 more than buying. CITS+ You are looking at buying your first car. Based on your budget you can afford up to $400 per month payments. You go to the DATCU branch in the Union Building and they give you 3 options for preapproved loans. Fill in the table below. Check your answers in Canvas to make sure you got them right before the due date! Unlimited attempts to check your math for the tables! DATCU Options Term in Months (N) Down Payment Required 48 60 72 10% 10% 10% Interest Rate (I/Y) 5.49% 6.49% 6.99% Hint: Convert to monthly on calculator $ 400 $ 400 $ 400 Monthly Payment (PMT) Hint: make it negative on calculator Maximum Amount Financed (PV) Down Payment Required in $$ Maximum Price willing to pay for Car including Tax, Title, and License If you paid the maximum price on the car calculate the following: Total Interest paid on the Car Total Amount paid for car Hint: It is all the payments and down payment