Answer:
Annual lease payment = $6874.69
Explanation:
Computation of annual rental payment:
Residual value = 28000
present value (6%,4Yr) = 0.79209
Present value = 28000 x 0.79209
present value of residual value = $22178.52
Fair value of machine = $46000
Less: present value of residual value =22178.52
Amount recover from lease = Fair value of machine minus present value of residual value
Amount recover from lease = $46000 - $22178.52
Amount recover from lease = $23821.5
Annual lease payment = Amount to be recover from lease divided by present value Annuity factor (6%,4yr)
Annual lease payment = 23821.5/3.46510
Hence,
Annual lease payment = $6874.69
Answer:
$0.85 and three cans
Explanation:
Data given in the question
Price per can = $0.50
First can paying price = $0.95
Second can paying price = $0.80
Third can paying price = $0.60
Fourth can paying price = $0.40
So by considering the above information, the noah can buy three cans as the prices are high
So, the consumer surplus is
= First can + second can + third can
where,
First can = $0.95 - $0.50 = $0.45
Second can = $0.80 - $0.50 = $0.30
Third can = $0.60 - $0.50 = $0.10
So, the total consumer surplus is
= $0.45 + $0.30 + $0.10
= $0.85
Answer:
a) The Focus of the meeting was about the issue of bank interest rate deregulation
b) Following the recommendations of the government taskforce we are revising our job application evaluation procedures
c) The quality assurance program of the production department includes components like, employee training, supplier cooperation and computerized detection equipment
d) The inventory reduction plan of the warehouse will be implemented nextweek
Explanation:
<u>Rewriting the sentences to eliminate the long strings of nouns </u>
a) The Focus of the meeting was about the issue of bank interest rate deregulation
b) Following the recommendations of the government taskforce we are revising our job application evaluation procedures
c) The quality assurance program of the production department includes components like, employee training, supplier cooperation and computerized detection equipment
d) The inventory reduction plan of the warehouse will be implemented nextweek
Answer:
Major consumer-protecting laws are:
Explanation:
1. Major federal Act Section 5- This legislation specifies that all firms are required to treat the customer equally and must not be at any disadvantage because of their exploitative treatment.
2. Fair Credit Report Act- This statute guarantees that it is treated equally and safely by all companies handling customer data. It makes sure that no unethical sharing of such information with any 3rd person takes place.
3. Financial Modernization Act - This legislation mandates all commercial banks in the United states to include it in principle how they safeguard and manage customer data securely.
its like keeping the funds private and makeing sure no one knows alot about it
