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Slav-nsk [51]
1 year ago
11

at the end of your car lease period, you intend to turn in the car, and you will not pay extra at that time based on the residua

l value of the car. you have a(n) _____ lease.
Business
1 answer:
borishaifa [10]1 year ago
5 0

At the end of your car lease period, you intend to turn in the car, and you will not pay extra at that time based on the residual value of the car, then you will have an open-end lease.

<h3>What is open-end lease?</h3>

An open-end lease serves as a  rental agreement whereby the one that is to make a periodic lease payments enter an agreement with the owner  so as to be able to make balloon payment at the end of the lease agreement.

Therefore, in this type of lease, there will no be extra pay at that time based on the residual value of the item.

Read more on lease here:

brainly.com/question/24460932

#SPJ11

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Which of the following statements is​ FALSE? A. According to the constant dividend growth​ model, the value of the firm depends
Vedmedyk [2.9K]

<u>A. According to the constant dividend growth​ model, the value of the firm depends on the current dividend​ level, divided by the equity cost of capital plus the grow rate.</u>

This is the false statement.

<u>Explanation</u>:

The fair value of stock can be calculated using the dividend growth model. While calculating the value of the stock, the growth of the dividends should be considered either in a stable rate or at a different rate during the period at hand.

The dividend growth model is also known as a <u>valuation model</u> as it is used to achieve the value of the stock.

Equity cost is the cost that the firm owes to the equity investors to compensate the risk of their investment.

4 0
2 years ago
A small manufacturing firm is currently negotiating with a union, but negotiations are not going well. The firm is concerned abo
padilas [110]
I need answer choices
7 0
3 years ago
Turner Corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product
inessss [21]

Answer:

The amount of gross profit Turner Corporation should recognize is $20,000.

Explanation:

The following are given in the question:

Lump-sum cost = $100,000

Units of LF acquired = 3,000

Units of 1B acquired = 7,000

LF price per unit = $30

1B price per unit = $10

Unit of LF sold = 1,000

Therefore, we have:

Share of LF in the Lump-sum cost = (Units of LF acquired / (Units of LF acquired + Units of 1B acquired)) * Lump-sum cost = (3,000 / (3,000 + 7,000)) * $100,000 = $30,000

LF cost per unit = Share of LF in the Lump-sum cost / Units of LF acquired = $30,000 / 3,000 = $10

LF total revenue = Unit of LF sold * LF price per unit = 1,000 * $30 = $30,000

LF cost of goods sold = Unit of LF sold * LF cost per unit = 1,000 * $10 = $10,000

LF gross profit = LF total revenue - LF cost of goods sold = $30,000 - $10,000 = $20,000

Therefore, the amount of gross profit Turner Corporation should recognize is $20,000.

3 0
2 years ago
Why is a price floor set above an equilibrium price tends to cause persistent imbalances in the market?
kotykmax [81]

Answer:

A price floor set above the equilibrium price will result in a surplus of supply.  

Explanation.

An equilibrium price refers to the price at which demand for a service or product is equivalent to the quantity of the product or service supplied in the market.

Setting a price floor above the equilibrium price essentially means that the set prices will be higher than what demand is willing to pay for the product or service. Demand will therefore purchase fewer quantity of the product offered by supply at the prevailing price than they would have at equilibrium price.

Since the price floor will raise the product price to considerably higher than the equilibrium price, supply will be willing to provide higher volumes of the product at the prevailing price than at equilibrium price.

This will lead to a mismatch in the market between supply and demand resulting into a surplus.

5 0
3 years ago
Maria, a single mother of three, has been saving to buy the family's first home. Her budget is limited, but there is a home she
levacccp [35]

Answer:

B) Incurable

Explanation:

The convenience store is working legally in front of your house, and unless you have enough money to buy the whole business and close it, then you cannot do anything about it. That is what incurable means in real estate: the costs of improvements or corrections necessary are higher than the value that is added by the improvement or cure.

That is probably the reason why the house is so cheap and Maria can afford it.

7 0
3 years ago
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