After deciding to acquire a new car, you can either lease the car or purchase it with a four-year loan. the car you want costs $33,500. the dealer has a leasing arrangement where you pay $96 today and $496 per month for the next four years. if you purchase the car, you will pay it off in monthly payments over the next four years at an apr of 7 percent. you believe that you will be able to sell the car for $21,500 in four years. a. what is the present value of leasing the car? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. what is the present value of purchasing the car? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. what break-even resale price in four years would make you indifferent between buying and leasing? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy.the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.