Its like renting but you have the option to buy at the end i believe.
Answer:
D. Principal and interest
Yes, that seems like a prudent decision. Maybe provide more information?
Answer:
D
Explanation:
Among the important characteristics of market efficiency is (are) that:
1. There are no arbitrage opportunities;
2. Security prices react quickly to new information; and
3. Active trading strategies will not consistently outperform passive strategies.
Answer:
A. $565,000
Explanation:
The computation of the budgeted operating income is shown below:
Sales revenue ($750 × 2,500) $1,875,000
Less: Variable cost ($500 ×2,500) $1,250,000
Contribution margin $625,000
Less: Fixed cost $60,000
Budgeted operating income $565,000