Buying a vehicle involves upfront and monthly loan payments, while leasing requires monthly lease payments and a security deposit. Hence Leasing cost is $16,812.
The total cost of buying includes the purchase cost and loan payments, while leasing costs encompass lease payments, security deposit, and potential end-of-lease charges.
Calculating these costs helps in deciding between the two options.
Buying & Leasing
Purchase Cost 14,680
Leasing Cost 16,812
Working Notes:
Buying =Down payment + Loan payments + Opportunity cost - Estimated value at end of loan
Down Payment =$2,400
Loan payments = No of months x monthly payment = 470 x 36 = 16920
Opportunity cost = Down Payment x interest rate x no of years
Opportunity cost = 2400 x 5% x 3
Opportunity cost = 360
The estimated value at end of loan = 5000
Buying =Down payment + Loan payments + Opportunity cost - Estimated value at end of loan
Buying =2400 + 16920 + 360 - 5000
Buying =14680
Leasing Cost
=Lease payments + Opportunity cost + End of lease charges
Lease payments = No of months x lease monthly payment = 440 x 36 = 15,840
Opportunity cost = Security deposit x interest rate x no of years
Opportunity cost = 680 x 5% x 3
Opportunity cost =102
End of lease charges = 870
Leasing Cost
=Lease payments + Opportunity cost + End of lease charges
=15,840 + 102 + 870
=16,812
Notes: When calculating both costs, the potential cost of the original payment is taken into account as its initial cash outflow that may generate interest. The security deposit is also not taken into account when calculating the cost of leasing because it is returned at the conclusion of the term; only its opportunity cost is taken into account.
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Analyse why the social benefit of education exceed the private benefit
Answer:
dddddddddddd
Explanation:
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GAS" Company does not segregate sales and sales taxes at the time of sale. The sales register total for the month of March was $40000. Assume that all sales are subject to a 8% sales tax. Required: Based on the above-given information, answer the following questions: • What amount must be presented as a sales tax expense on the Income statement for the month of March? • What is the amount that must be presented as sales revenue on the Income statement for the month of March? . If the "GAS" Company did not pay the income tax payable as of 31/3, then the company must present sales tax payable with a value of:
According to the given information, the GAS company does not segregate sales and sales taxes at the time of sale, and the total sales for the month of March was $40000. Assuming that all sales are subject to an 8% sales tax, the required answers are given below:
To calculate the sales tax expense, first, we have to find the sales tax amount charged on the sales for the month of March.
Sales tax = 8% of $40000 = $3200
Therefore, the sales tax expense to be presented on the income statement for the month of March is $3200.
The total sales for the month of March were $40000
The sales tax charged on the sales was $3200.
The amount of sales revenue to be presented on the income statement can be found by subtracting the sales tax from the total sales.
Sales revenue = Total sales – Sales tax
= $40000 - $3200= $36800
Therefore, the amount that must be presented as sales revenue on the income statement for the month of March is $36800.
If the "GAS" company did not pay the income tax payable as of 31/3, then the company must present sales tax payable with a value of $3200 on the balance sheet.
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A machine was purchased for $500,000 with a residual value of $50,000. The company estimates that the machine will last 5 years and produce 2,000,000 parts over its life. Calculate depreciation expense using the Straight-Line method for the 5-year life. (NOTE: Round your answers to the nearest dollar and enter it enter it WITHOUT decimals, commas or dollar signs [Example 75000].)
This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.
The Straight-Line method of depreciation allocates the cost of an asset evenly over its useful life. To calculate the depreciation expense for the machine over its 5-year life, we need to first determine the depreciable cost of the asset. The depreciable cost of the asset is the original cost minus the residual value. In this case, the depreciable cost would be $500,000 - $50,000 = $450,000.
Next, we divide the depreciable cost by the number of years of useful life to calculate the annual depreciation expense. So, the annual depreciation expense for this machine would be $450,000 / 5 years = $90,000. Therefore, the depreciation expense using the Straight-Line method for the 5-year life would be $90,000 per year. This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.
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Which events could cause the change in demand shown on this graph?
Check all that apply.
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
_ 5. Which of the following is an example of terminal punctuation?
A. Comma.
B. Question mark.
C. Quotation mark.
D. Colon.
Inventions and innovations can lead to increased efficiency and production. Which is the correct match of invention with its impact on expanding business in texas after the civil war?.
It should be noted that the invention of railroad after the Civil War was important to the development of the economy.
What is invention?Your information is incomplete. Therefore, an overview will be given. An invention simply means the process that beings about an improvement in the society.
It should be noted that Inventions and innovations can lead to increased efficiency and production. An invention that expanded usiness in Texas after the civil war was the introduction of trains.
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Which part, sentence, or phrase in the passage suggests that the respective entrepreneur is a transformational leader? Four best friends from high school—Erwin, Harry, Mick, and Gary—have gone on to become entrepreneurs. They have very different personalities, and thereby, leadership styles. Erwin A(seems to concern himself with the processes rather than forward-thinking ideas.) Harry is B(finicky about minute details, but always gets the job done). C(Mick seeks advice from others and has great concern for his employees). Gary D(rewards effective behavior of his employees, and corrects them when the expectations are not met.)
Answer:
Garry
Explanation:
Brainliest please! :)
Answer:
(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."
Explanation:
If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers
Answer:
C. proper technology to keep the person connected
Explanation:
Answer:
C
Explanation:
Edge 2021
PLEASE!!!
Which of the following is an example of economic globalization?
A. a chicken farm supplying eggs to the neighboring village
B. a mobile grocery selling organic food across New York City
C. an on-demand beauty salon that provides home service
D. a Japanese store selling tea and spices from South Asia
Answer:
The example that represents economic globalization is:
D. a Japanese store selling tea and spices from South Asia
Explanation:
The reason behind this answer is that globalization is the concept designed to understand the economic activity of a certain country outside its borders and engaging commercial activities in its zone with different countries or in zones further away. Then, because they are doing business around the globe they are doing a globalization economy.
true or false: the profitability index (pi) is calculated by dividing the present value of an investment's future cash flows by its future cost.
The profitability index (PI), also known as the profit investment ratio (PIR) or the value investment ratio (VIR), is a financial metric used to evaluate the potential profitability of an investment. Given Statement is True.
It is calculated by dividing the present value of an investment's future cash flows by its initial cost. The formula for calculating the profitability index is:
PI = Present value of future cash flows / Initial investment
A PI greater than 1 indicates that the investment is expected to be profitable, while a PI less than 1 indicates that the investment is not expected to be profitable. A PI of exactly 1 indicates that the investment is expected to break even, with no net gain or loss.
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Next Managing Files and Directories: Mastery Test 2 Select the correct answer from each drop-down menu. How will you identify a file type on your computer? that A file type is the standard used to determine which program to use to and Information in a computer. All file types have unique cular file and to access its data. create data Reset Next code data store data
Complete Question:
How will you identify a file type on your computer? A file type is the standard used to (A. create data B. code data C. store data) and information in a computer. All file types have unique( A. names B. codes C. file extenstion) that determine which program to use to open a particular file and to access its data.
Answer:
1) C. store data.
2) C. file extenstion.
Explanation:
A file type is the standard used to store data. All file types have unique file extension that determine which program to use to open a particular file and to access its data.
True or false.
Supply and demand determines the price of labor paid for jobs earning more than minimum wage.
Answer:
true
Explanation:
If a pumping equipment costs $15,000 to install and the savings are $750 each quarter, what is the payback period for this investment?
Group of answer choices
3 years
6 years
4 years
5 years
Option d. 5 years. The payback period for this investment would be 5 years.
The payback period for the investment in the pumping equipment can be calculated by dividing the initial cost of installation by the periodic savings generated. In this case, the equipment costs $15,000 to install, and the savings are $750 per quarter.
To determine the payback period, we divide the initial cost by the quarterly savings:
Payback Period = Initial Cost / Quarterly Savings
In this scenario, the payback period would be:
Payback Period = $15,000 / $750 = 20 quarters
Since there are four quarters in a year, we can convert the payback period to years by dividing it by four:
Payback Period in Years = 20 quarters / 4 = 5 years
Therefore, the payback period for this investment would be 5 years.
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If a bank protected by the FDIC fails, then all of the individuals who have deposited money into the bank _____. a. Are restricted from ever using a bank again b. Will be reimbursed by the federal government c. Have lost all of their money and savings forever d. Become members of the Federal Reserve Bank
If a bank protected by the FDIC (Federal Deposit Insurance Corporation) fails, then all of the individuals who have deposited money into the bank will be reimbursed by the federal government.
The FDIC is an independent agency of the federal government that provides deposit insurance to protect depositors in case a bank or savings institution fails. The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
If a bank fails and is unable to return deposits to its customers, the FDIC steps in to pay depositors up to the insured amount. This means that the individuals who have deposited money into the bank will not lose their money, as long as it is within the insured amount.
The future contracts can. a. Delivery at expiration. b. Do cash settlement at expiration. c. Offset before expiration. d. Default at expiration. e. All above are true.
true. Future contracts can involve delivery at expiration, cash settlement at expiration, offset before expiration, or default at expiration, depending on the terms and conditions agreed upon by the parties involved.
Future contracts are financial agreements where two parties agree to buy or sell an asset (such as commodities, currencies, or financial instruments) at a predetermined price and date in the future. The specific terms of the contract determine what happens at expiration. Delivery at expiration: In some futures contracts, physical delivery of the underlying asset occurs at the expiration date. For example, in commodity futures, the seller delivers the specified quantity of the commodity to the buyer. Cash settlement at expiration: In other cases, futures contracts are settled in cash at expiration. The parties exchange the difference between the contract price and the market price of the underlying asset. Offset before expiration: Prior to the expiration date, parties can choose to offset their positions by entering into an equal and opposite transaction, effectively canceling out their contractual obligations.
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How important do you think focus groups are to the eventual success of a new product?
Answer:
Yes
Explanation:
Focus groups help businesses learn what their customers think, enabling strategic decision-making focused on their target market's true wants and needs
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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Your beginning inventory was $46,000, your ending inventory is $37,000, your cost of goods sold was $19,000. How much were your purchases?
Answer:
$9000
Explanation: Because 46,000 minus 37,000 equals 9000.
If a mutual fund is already a form of diversification, why is it important to also diversify your investments into different mutual funds?.
The main reason to diversify is to reduce your risk. Keep in mind, though, that investing always involves some risk.
But by having many types of investments (aka diversification), you can still put your money to work without destroying your financial future if one of your investments goes under.
Funding is the dedication of cash to buy of an asset to attain an boom in cost over a time period. Investment requires a sacrifice of some gift asset, consisting of time, cash, or an attempt. In finance, the cause of making an investment is to generate a go back from the invested asset. The return may additionally encompass a benefit (income) or a loss found out from the sale of a assets or an funding, unrealized capital appreciation (or depreciation), or funding income together with dividends, hobby, or rental profits, or a aggregate of capital advantage and profits. The return can also encompass foreign money gains or losses because of modifications inside the overseas foreign exchange rates.
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A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted.
Variable Coefficients Standard Error t-Stat
Intercept 128.93746 2.6205302 49.203
Size 1.2072436 11.439
FP 6.47601954 1.9803612 3.27
a. The estimated coefficient for size is approximately _____.
b. How many predictors (independent variables) were used in the regression?
Answer:
a. The estimated coefficient for size is approximately 13.81.
b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Explanation:
a. The estimated coefficient for size is approximately _____.
Estimated coefficient for size = Standard Error of size * t-Stat of size = 1.2072436 * 11.439 = 13.81
Therefore, the estimated coefficient for size is approximately 13.81.
b. How many predictors (independent variables) were used in the regression?
Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.
In the regression, two predictors are used. These two predictors are size and fireplace (FP).
(13 points) APY is a(n) ____.
A. noncompounding interest rate
B. daily interest rate
C. interest rate advertised by lenders
D. interest rate advertised by borrowers
Answer:
C. interest rate advertised by lenders
Explanation:
APY stands for Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.
The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.
why make an app an then only allow two questions
Answer:i dont know
Explanation:
What are internal source and external source
2. record the transactions, assuming clothing frontiers has either $1 par value or $1 stated value common stock.
The transactions can be recorded assuming $1 par value and $1 stated value separately for each month. This can be done by recording common stock and additional pay and subtracting both the values.
Let us understand the concept first.
What is stated value?
When a stock has no par value, an amount is assigned for internal accounting purposes to a corporation's stock. This value is stated value, typically between $0.01 and $1.00. The stated value has no relation to market price.
What is Par value?
Par value of shares is the face value of a stock stated in the corporate charter.
Preparation of the journal entry to Record the transactions, assuming Clothing Frontiers has either $1 par value or $1 stated value common stock can be done as:
For every month we record the common stock(suppose x) and additional pay(suppose y)Now we subtract common stock from additional pay (y – x) separately for each monthAnd the result will be recorded as transaction.This is the proper way to maintain and record the transactions.
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Hailey works in a spa. today, there was a sale on a particular color of nail polish. twenty customers came in asking for the nail polish. which qualification helped hailey make it through the day without getting frustrated? a. patience for performing a repetitive task b. specialized skill at manicures c. socialization skillsd. knowledge of current trends
Boredom is a common side effect of repetitive work, and boredom can lead to blunders. Challenge yourself to do the task more quickly to change your routine. The time passes more quickly as a result, and you typically do more. Have a cheerful attitude and refrain from concentrating on the drawbacks of repetitious duties at work.
It can be irritating and exhausting to keep doing the same labor or task if twenty people come in asking for the same kind of shine. However, she did require patience when performing repetitious tasks because doing so helped keep her sane.
So, option a. is the correct answer that is patience for performing a repetitive task.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Think about an item that you are interested in purchasing. Perhaps it is a new computer, an MP3 player, a new book, or a new bike. Now think of an alternative product that you are also interested in purchasing. Search the web and find out what each of these items costs. Then create your own decision-making grid similar to the one in the previous screen. When you have completed your grid, explain in at least one well-developed paragraph which item you have chosen to buy and why. Submit both your grid and your paragraph for grading.
Answer:
I have no idea tbh......
Due to the intermittent chronicity associate with having to exhibit display rules during short durations with customers, ______________ may be more stressful than ______________.
Due to the intermittent chronicity associated with having to exhibit display rules during short durations with customers, emotional labor may be more stressful than continuous emotional labor.
The laborer who keeps efforts to manage and regulate one's emotions as part of a job role and also actively involves to display certain emotions are known as an Emotional laborer. This happens due to intermittent chronicity when true emotions are repeated over time.
Continuous emotional labor refers to the constant displaying of certain emotions over a long period of time. The laborers can be more stable in an emotional state than emotional laborers.
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Removing workplace barriers for women and accommodating employees who are physically challenged are ways a business can contribute to (a)environmental protection (b) job safety © workplace diversity (d) employee wellness
Answer:
workplace diversity
Explanation:
Workplace diversity is the term used to describe a workplace whose employees are composed of varying characteristics, such as gender, age-group, race, ethnicity, sexual orientation, and other attributes. Workplace diversity is achieved through the employer’s deliberate actions to incorporate people from diverse backgrounds.
Workplace diversity improves a company’s reputation and brings on board various perspectives in decision making. It also adds creativity and problem-solving skills to the company.
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.