Find the Amount of a 7% Offer on a Car $\$ 50,104$

question 200

Multiple Choice

Find the amount of a 7% offer on a car that has a sticker price of $53,300 and a dealer's cost of $46,907 . Round your answer to the nearest dollar.

• A) \(\$ 50,104\)
• B) \(\$ 57,031\)
• C) \(\$ 50,190\)
• D) \(\$ 50,955\)
• E) \(\$ 49,569\)

Comprehend the fundamental concepts and importance of permission marketing.

Identify different online business models and their characteristics.

Recognize the evolution and strategic moves of major retailers like Walmart in the digital era.

Understand the role of policy and regulation on online business practices.

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Definitions:

Market System

(1) An economic system in which individuals own most economic resources and in which markets and prices serve as the dominant coordinating mechanism used to allocate those resources; capitalism. Compare with command system. (2) All the product and resource markets of a market economy and the relationships among them.

Retained Earnings

Profits that a company keeps after dividends are paid out to shareholders, often used for reinvestment in the business or to pay off debt.

Funding of R&D

The financial investment allocated towards research and development activities in order to innovate, enhance product quality, or create new products.

Established Corporations

Large, well-known companies that have been in existence for a considerable amount of time, typically characterized by strong brand recognition and financial stability.