When interest rates are low, some automobile dealers offer loans at 0% apr, as indicated in a 2016 advertisement by a prominent car dealership, offering zero percent financing or cash back deals on some models. zero percent financing means the obvious thing—that no interest is being charged on the loan. so if we borrow $1,200 at 0% interest and pay it off over 12 months, our monthly payment will be $1,200/12 = $100. suppose you are buying a new truck at a price of $25,000. you plan to finance your purchase with a loan you will repay over two years. the dealer offers two options: either dealer financing with 0% interest, or a $2,500 rebate on the purchase price. if you take the rebate, you will have to go to the local bank for a loan (of $22,500) at an apr of 6.5%. what would your monthly payment be if you used dealer financing?

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Describe how to write a main idea expressed as a bottom-line statement

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.