Business, 04.07.2020 17:01 alyssatamayo641

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: 1

Show answers

Another question on Business

Business, 22.06.2019 04:40

How long have u been on dis website

Answers: 2

Answer

Business, 22.06.2019 11:30

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task

Answers: 1

Answer

Business, 22.06.2019 12:20

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

Answers: 3

Answer

Business, 22.06.2019 13:30

Over the past year, three of the star salesmen at family resorts international's corporate office have been lured away to competitors. on top of that, karina, the general manager of the sales department, has noticed that most employees come in, do their jobs, and leave. family resorts offers a good salary, benefits, and tuition reimbursement, as well as a number of development and training programs. most employees seem contented enough, but karina would like to do something to increase the level of engagement among her staff. what do you think karina should do?

Answers: 1

Answer

You know the right answer?

A garage is comparing the cost of buying two different car hoists. Hoist A will cost $20,000, will r...

Questions