Business, 06.06.2020 21:59 Beltrand504
A garage is comparing the cost of buying two different car hoists. Hoist A will cost $20,000, will require servicing of $1000 every two years, and last ten years. Hoist B will cost $15,000, require servicing of $800 per year, and last eight years. If the cost of capital is 7%, which is the better option, given that the firm has an ongoing requirement for a hoist?
a. Hoist A, since it has a greater equivalent annual annuity.
b. Hoist A, since it has a greater present value (PV).
c. Hoist B, since it has a greater present value (PV).
d. Hoist B, since it has a greater equivalent annual annuity.
Answers: 3
Business, 21.06.2019 23:20
Which feature transfers a slide show into a word-processing document?
Answers: 2
Business, 22.06.2019 21:40
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
Business, 23.06.2019 09:40
Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.
Answers: 3
A garage is comparing the cost of buying two different car hoists. Hoist A will cost $20,000, will r...
Mathematics, 28.08.2019 05:30
History, 28.08.2019 05:30
Business, 28.08.2019 05:30
History, 28.08.2019 05:30
Social Studies, 28.08.2019 05:30
English, 28.08.2019 05:30
Mathematics, 28.08.2019 05:30
Mathematics, 28.08.2019 05:30
History, 28.08.2019 05:30
History, 28.08.2019 05:30
Mathematics, 28.08.2019 05:30