1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valina [46]
3 years ago
6

You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cos

t $18,000 to purchase and which will have OCF of –$2,000 annually throughout the vehicle’s expected life of three years as a delivery vehicle; and the Toyota Prius, which will cost $27,000 to purchase and which will have OCF of –$1,050 annually throughout that vehicle’s expected 4-year life. Both cars will be worthless at the end of their life. You intend to replace whichever type of car you choose with the same thing when its life runs out, again and again out into the foreseeable future. If the business has a cost of capital of 13 percent, calculate the EAC.
Business
1 answer:
Slav-nsk [51]3 years ago
7 0

Answer:

Scion xA

Explanation:

Scion's EAC$ -7,028.89 ± 0.1%Toyota's EAC$ -7,234.69 ± 0.1%Which one should you choose?Scion xA Explanation:One iteration of each delivery car will consist of the following cash flows: Year01234Scion xA CFs–$14,000 –$1,200 –$1,200 –$1,200 Toyota Prius CFs–$20,000 –$650 –$650 –$650 –$ 650  

You might be interested in
the liability created when supplies are bought on account is called an account payable ,true or false​
tigry1 [53]

Answer:

True.

Explanation:

In Financial accounting, liability can be defined as the amount of money being owed by an individual or organization to another.

Simply stated, liability is a debt being owed and as such it usually has "payable" in its account title on the balance sheet.

Generally, liabilities are recorded on the right side of the balance sheet and it comprises of financial informations such as warranties, bonds, loans, deferred revenues, mortgages, account payable etc.

Current liability in financial accounting can be defined as the short-term financial obligation such as debt (account payable) that is due to be paid in cash within one (fiscal) year or one operating cycle of a company, whichever is longer.

A company's current liability comprises of the following; dividends payable, short-term debts, account payable, notes payable, interest payable, wages payable, deferred revenues, income tax payable, etc.

Basically, companies usually settles their current liabilities with current assets such as account receivables or cash, that are used up within a fiscal year.

Hence, the liability created when supplies are bought on account is called an account payable.

6 0
3 years ago
Which of the following would not be considered an external user of accounting data for the Julian Company?
Olin [163]

Answer:

D. Management

Explanation:

External users of accounting information are people outside an organisation that makes use of accounting information. They include : A. Internal Revenue Service agent

B. Creditors

C. Customers

Internal users of accounting information are people within an organisation that makes use of accounting information. They include:

A. Management

B. Owners

C. Employees

I hope my answer helps you

6 0
3 years ago
HELP IM TIMED!!!!!!!!!
lutik1710 [3]

Answer:

F

Explanation:

7 0
3 years ago
OSHA can help a business avoid this type of risk
aniked [119]
What are the risk options ?
3 0
2 years ago
Read 2 more answers
Adam kisses the sleeve of Eve’s blouse, an act to which she did not consent. Has Adam committed a tort and if so, which one? Exp
FromTheMoon [43]

Answer:

Yes, Adam committed a tort.

Explanation:

In the situation, when Adam kisses the sleeve of Eve's blouse but without her consent, he committed  a tort. A tort can be defined as a civil wrong which harm other. Here, Adam's act of kissing the sleeve was an invasion of Eve's privacy. It also caused her emotional distress. Therefore Adam has a legal liability in this case as it is tort.

8 0
2 years ago
Other questions:
  • Anne Teek works full time as the manager of her used furniture store in which she has invested $40,000. Last year, her total rev
    10·1 answer
  • Can you guys make me instagram famous? plz i need help
    6·2 answers
  • At the heart of every economic system is:
    5·2 answers
  • Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,900,000 shares issued; Additional Paid-i
    15·1 answer
  • Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs ar
    12·1 answer
  • Sommer, Inc., is considering a project that will result in initial after tax cash savings of $2.3mil at the end of the first yea
    10·1 answer
  • Once you graduate from a college or university, you have to pay a fee to take advantage of their career services. False True
    14·1 answer
  • Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro
    6·1 answer
  • While we covered mergers and acquisitions in this unit, let’s turn our focus to strategic alliances. what are the three types of
    12·1 answer
  • Question content area preferred stockholders must receive their current-year dividends before the common stockholders can receiv
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!