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o-na [289]
2 years ago
10

Which of the following is not a fee that contributes to the initial cost of leasing a car? a. First payment b. Final payment c.

Acquisition fee d. Disposition fee Please select the best answer from the choices provided A B C D.
Business
2 answers:
Darya [45]2 years ago
6 0

The final payment is <u><em>not </em></u>a fee that contributes to the original cost of leasing an automobile, option B is the correct answer.

<h3 /><h3>How is leasing charged?</h3>

The first payment is, predictably, the same as one month's rent.

A lender or lessor will impose an acquisition fee to offset the costs of establishing a loan or lease agreement.

A disposition fee, sometimes known as a turn-in fee, is a cost associated with returning a rented vehicle.

Therefore, final payment doesn't contribute to leasing a car.

For more information about leasing, refer below

brainly.com/question/1059164

miskamm [114]2 years ago
6 0

The disposition fee does not contribute to the initial cost of leasing a car as it is paid at the time of returning the car to the leasing company.

<h3>What is disposition fee?</h3>

A disposition fee is an amount charged to the individual leasing the car at the end of their lease to prep it for the next buyer.

This is done to cover the leasing company's costs of disposing of or selling the leased vehicle.

Therefore, Option D. disposition fee is the correct answer as it does not form part of the initial cost of leasing a car.

To learn more about disposition fee, refer to the link:

brainly.com/question/1059164

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Answer:

Certified Development Company 504 Loan Program

Explanation:

The US Small Business Administration 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which also means real estate, buildings and machinery, at a price below the normal market rate. Its mission involve boosting the development of various businesses. The SBA offers a number of different loan programs linked to a particular capital need of growing businesses. The 504 program works by sharing the loan among three parties. The business owner puts in a minimum of 10%, a conventional lender which is the bank puts up 50%, and Certified Development Company (CDC) puts up the remaining 40%.

5 0
4 years ago
Wheeler LLC purchased two assets during the current year (a full 12-month tax year). On November 16 Wheeler placed in service co
Leni [432]

Answer:

The maximum depreciation expense is $2,792

Explanation:

In order to calculate the maximum depreciation expense we would have to calculate the depreciation of service computer equipment and the service furniture as follows:

depreciation of service computer equipment=$15,500*5%

depreciation of service computer equipment=$775

depreciation of service furniture=$11,300*17.85%

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Therefore, maximum depreciation expense=depreciation of service computer equipment+depreciation of service furniture

maximum depreciation expense=$775+$2,017

maximum depreciation expense=$2,792

5 0
3 years ago
Alpha Corporation and Beta Corporation have just purchased identical pieces of equipment. Each firm estimates that the equipment
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B) Alpha’s net income will be lower that Beta’s during the fourth year of the equipment’s service life.

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4 years ago
Why is it important for manufacturing companies to know the manufacturing cost of each of the products they make
pickupchik [31]

Answer:

Manufacturing cost per unit is important to monitor. These, in many ways, represent the efficiency of the production process. If labor, material, or overhead costs appear too high then action must be taken. You must change and balance all of these costs to maximize shareholder value.

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_____ media are specifically designed to help bring customers eyeball to eyeball with the product--often at the point of sale or
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Answer:

This question is incomplete, the options are missing. The options are the following:

a) Exhibitive.

b) Transit.

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d) Outdoor.

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And the correct answer is the option A: Exhibitive.

Explanation:

To begin with, the term known as <em>"Exhibitive Media"</em>, in the field of marketing and business, refers to the strategy used by the companies whose approach is in the point of sale marketing. This type of strategy focus on exhibiting the product to the costumer the closer as possible so it will generate an impulse on the client of buying the product without having it thought before seeing the product. A very common example of this strategy is the situation in where the supermarkets fill their lines to the cashier with other retails that have product that are attractive at first sight.

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