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Nakatomi Toyota. Nakatomi Toyota buys its cars from Toyota Motors (U.S.), and sells them to U.S. customers. One of its customers is EcoHire, a car

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Nakatomi Toyota. Nakatomi Toyota buys its cars from Toyota Motors (U.S.), and sells them to U.S. customers. One of its customers is EcoHire, a car rental firm that buys cars from Nakatomi Toyota at a wholesale price. Final payment is due to Nakatomi Toyota in six months. EcoHire has bought $200,000 worth of cars from Nakatomi, with a cash down payment of $40,000 and the balance due in six months without any interest charged as a sales incentive. Nakatomi Toyota will have the EcoHire receivable accepted by Alliance Acceptance for a 2% fee, and then sell it at a 3% per annum discount to Wells Fargo Bank, a. What is the annualized percentage all-in cost to Nakatomi Toyota? b. What are Nakatomi's net cash proceeds, including the cash down payment? (NOTE: Assume a 360-day year) - BE in The amount financed is $(Round to the nearest cent.) The trade acceptance fee is $(Round to the nearest cent.) The discount for the period is $(Round to the nearest cent.) Calculate the proceeds to Nakatomi Toyota below. (Round to the nearest cent) $ D% OX $ S $ Trade Acceptance Face amount of sale Less cash down payment Amount for financing Less trade acceptance lee Less discount for the period $ Proceeds to Nakatomi Toyota a. What is the annualized percentage all-in cost to Nakatomi Toyota? The annualized porcentage all-n cost (AIC) s I% (Round to three decimal places.) b. What are Nakatom's net cash proceeds, including the cash down payment

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