The most commonly used private trade terms are the International Chamber of Commerce’s Incoterms.

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

borishaifa [10]

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

5 0

2 years ago

Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,100 units ar

Ipatiy [6.2K]

Answer:

Cash Disbursement for selling and administrative expense = $42,370

Explanation:

Provided information,

Units to be sold in the month of March = 3,100 units

Variable selling and administrative cost per unit = $3.60

Fixed selling and administrative cost = $35,810

Depreciation included in fixed selling and administrative cost = $4,600

Cash fixed cost of selling and administrative cost = $35,810 - $4,600 = $31,210

Total cash cost of selling and administrative cost = Variable + Cash Fixed cost

Total variable cost = $3.60 $\times$ 3,100 units = $11,160

<u>Total cash disbursement = $11,160 + $31,210 = $42,370</u>

<u></u>

4 0

3 years ago

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $96,000 and expected direct labor hours of 12,000 for

Ipatiy [6.2K]

Answer:

the work in process should be debited for $13,520 and factory overhead should be credited for $96,000

Explanation:

The computation is shown below;

Work in process is

= $96,000 ÷ 12,000 × 1,690

= $13,520

So here the work in process should be debited for $13,520 and factory overhead should be credited for $96,000

Therefore the same would be considered and relevant

The same is fit to the given situation

6 0

3 years ago

I have a signed contract with one company this company sold my contract to another company that did the work and it wasn't done

schepotkina [342]

In specifics, it depends on the written up sales contract that the first company arranged with the one that did the work. But personally, I'd blame the second company. Personal opinions don't matter when it comes to legal matters though.. sorry.

7 0

4 years ago

A potential CB project has the following cash flows: CF0 = -$500, CF1 = $300, CF2 = $200, CF3 = $150. WACC = 6%. Compute the fol

lisov135 [29]

Answer:

A. 2 years

B. 86.96

C. 16.46%

Explanation:

Payback period calculates the amount of time taken to recoup the initial investment made on a project.

The net present value substracts the present value of tax adjusted cash flows from the amount invested in the project.

Using the financial calculator to find the NPV:

Cash flow for year 0 = -500

Cash flow for year 1 = 300

Cash flow for year 2 = 200

Cash flow for year 3 = 150

Interest rate = 6%

NPV = $86.96

Internal rate of return is the discount rate that equates the tax adjusted cash flows from a project to the original amount invested.

Using the financial calculator to find the NPV:

Cash flow for year 0 = -500

Cash flow for year 1 = 300

Cash flow for year 2 = 200

Cash flow for year 3 = 150

Interest rate = 6%

IRR = 16.46%

4 0

3 years ago