FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Chloe offered an automobile dealer $150 over the estimated dealer's cost on a car with a base price of $24,495 and options total $1,600. The

Chloe offered an automobile dealer $150 over the estimated dealer's cost on a car with a base price of $24,495 and options total $1,600. The dealer's costs were 89.7% of the base price and 81.0% of the options. The destination charge was $720. What was her offer?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Base price of car 24495 Options total 1600 Destination charge 720 Dealers cost is 897 of bas... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013
Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students explore these related Finance questions

Question

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Answered: 3 weeks ago

Question

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...

Answered: 3 weeks ago

Question

1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...

Answered: 3 weeks ago

Question

In the figure below, a square of edge lengths is formed by four spheres of masses, m, M, m3, and m4. What is the x component and the y component of the net gravitational force from them on a central...

Answered: 3 weeks ago

Question

For fiddler crabs, data gathered by Thompson* show that the allometric relationship between the weight C of the claw and the weight W of the body is given by C = 0.11W1.54 Find the percent rate of...

Answered: 3 weeks ago

Question

Magdalena, age 35, has $72,000 accumulated in savings. She projects she will save $23,000 a year until her retirement at age 67. Her current cost of living is $100,000. In retirement, she will...

Answered: 3 weeks ago

Question

=+b) Comparing the taste of a new ice cream product (rated from 1 to 10) as judged by a panel of teenage tasters and a panel of adult tasters.

Answered: 3 weeks ago

Question

The CFO of Sterling Chemical is interested in evaluating the cost of equity capital for his firm. However, Sterling uses very little debt in its capital structure (the firms debt-to-equity...

Answered: 3 weeks ago

Question

For each of the following situations, compute the missing amount. Balance Sheet $ a Assets 52,600 Liabilities b. Assets $ 83,300 Liabilities C Assets $ 50,500 Liabilities d Assets Liabilities S...

Answered: 3 weeks ago

Question

Compare the forward quotes, money market hedges and options with each other to determine the best exchange rate hedge for France (Complete Table 5 on the separate answer sheet) Calculate the exchange...

Answered: 3 weeks ago

Question

Ahmed is supposed to pay RO 5,000, RO 10,000 and RO 15,000 at the end of year 1, 2 & 3 respectively. If he wants to settle such amount today by paying lumpsum then what amount will he have to pay now...

Answered: 3 weeks ago

Question

Define single-subject design and identify two strengths and two limitations. Describe and assess the study design in the provided research article. Suppose you would like to evaluate the outcomes of...

Answered: 3 weeks ago

Question

Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided...

Answered: 3 weeks ago

Question

Question Stimulus: In the text, special note is made of Weiss, Prifitera, and Roids study of test bias, which had an extensive sample (N = 700) representative of the U.S. population. What is The...

Answered: 3 weeks ago

Question

Name three things that you would do differently or consider if you were using Individual Psychology with an 8 year old, a 12 year old, and a 15 year old. Explain why you would make these adjustments...

Answered: 3 weeks ago

Question

What kinds of physical abilities permit Kristy to play baseball? How did these abilities change as she moved from preschool into middle childhood? What abilities does she probably still lack, given...

Answered: 3 weeks ago

Question

which of the following disculsures is voluntry disculsure? no, it's about accounting financial reports voluntry disculsure to stakeholders Disclosure of general information about reporting entity...

Answered: 3 weeks ago

Question

-x/2 x/4 If A = -x/2 and A-1 =6 then x equals

Answered: 3 weeks ago

Question

Russell (age 50) and Linda (age 45) Long have brought you the following information regarding their income and expenses for the current year. Russell owns and operates a landscaping business called...

Answered: 3 weeks ago

Question

Phil and Linda are 25-year-old newlyweds and file a joint tax return. Linda is covered by a retirement plan at work, but Phil is not. a. Assuming Phil's wages were $27,000 and Linda's wages were...

Answered: 3 weeks ago

Question

Frederick (Freddy) Freeweights (age 42) owns and operates a health club called ''Treadmills West.'' The business is located at 4321 Arnold Street, Alpine, CA 91901. Freddy had the following income...

Answered: 3 weeks ago

Question

USA Today s annual survey of public flagship universities (Arienne Thompson and Breanne Gilpatrick, Double-Digit Hikes Are Down, October 5, 2005) indicates that the median increase in in-state...

Answered: 3 weeks ago

Question

According to Business Week , Maternity Chic, a purveyor of designer maternity wear, sells dresses and pants priced around $150 each for an average total sale of $1,200. The total sale has a normal...

Answered: 3 weeks ago

Question

A recent article in USA Today discussed prices for the 200 brand-name drugs most commonly used by Americans over age 50. Atrovent, a treatment for lung conditions such as emphysema, was one of the...

Answered: 3 weeks ago

Previous Question Next Question