subject
Business, 16.04.2020 20:02 jesh0975556

An individual considers 2 alternatives for having a $29,000 car:

Purchase with $5,000 down and $450/month for 60 months at the end of which the car would have a market value of $7,500 or Lease with $2,500 due at signing and $350/month for 60 months.

Assume that the car would have the same mileage and be in the same condition by either alternative. Use a method of your choice to determine which alternative is less expensive, given that i=5% per year compounded monthly.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:00
Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:
Answers: 2
question
Business, 22.06.2019 03:00
If you were running a company, what are at least two things you could do to improve its productivity.
Answers: 1
question
Business, 22.06.2019 22:00
"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."
Answers: 1
question
Business, 23.06.2019 12:00
The "ideal" business, according to richard buskirk of the university of southern california: has many diverse employees.has a few, carefully selected employees.has many homogeneous employees.is a "one-man show".
Answers: 2
You know the right answer?
An individual considers 2 alternatives for having a $29,000 car:

Purchase with $5,000 do...
Questions
question
Mathematics, 02.05.2021 01:10
Questions on the website: 13722362