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Sav [38]
3 years ago
15

A lawn maintenance company compares two ride -on mowersthe Excelsior, which has an expected working-life of six years, and the G

rassassinator, which has a working life of four years. After examining theequivalent annual annuities of each mower, the company decides to purchase the Excelsior. Which of the following, if true, would be most likely to make them change that decision?A) The mower is only expected to be needed for three years.B) The number of customers requiring lawn-mowing services is expected to sharply increase in the near future.C) Fuel prices are expected to rise and raise the annual running costs of all mowers.D) The prices of equivalent mowers are expected to grow in the future as lawnmower manufacturersconsolidate.
Business
1 answer:
Fofino [41]3 years ago
6 0

Answer:

A) The mower is only expected to be needed for three years.

Explanation:

Excelsior is surely more expensive than the Grassassinator, due to its longer working life. Therefore, it is essential to examine the period of use of the lawn mower. There is absolutely no need to invest in a long-running lawn mower if it is going to be needed twice less the time. In this case, it would be more financially efficient to invest in the Grassassinator.

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Explanation:

Here are the options:

a. Indeterminable with current information

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c. Bekah was required to begin reporting information to the SEC.

d. Bekah was still exempt from the SEC’s reporting requirements.

The Dodd-Frank Act is a comprehensive bill which places very strict regulations on the banks and lenders in order to help protect the consumers and also help in the prevention of economic recession

Based on the scenario in the question, Bekah will still be exempt from the SEC’s reporting requirements because in the Dood-Frank Act, it was stated that advisers that are only working in the same state with their clients are exempted from reporting requirements with the Security Exchange Commission.

3 0
3 years ago
Minden company introduced a new product last year for which it is trying to find an optimal selling price. marketing studies sug
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3 years ago
The most rigorous test of a firm's ability to pay its short-term obligations is its?
lapo4ka [179]

The working capital ratio is a measurement of a company's short-term capability of paying its financial obligations.

The working capital turnover ratio measures how efficaciously a business makes use of its operating capital to supply sales. A better ratio indicates greater efficiency. In preferred, an excessive ratio can assist your employer's operations to run greater easily and limit the want for added funding.

The working ratio measures a corporation's potential to recover running expenses from annual sales. It's miles calculated by taking general annual fees, aside from depreciation and debt-related charges, and dividing it by the yearly gross income.

The current ratio, also known as the working capital ratio, gives a short view of an enterprise's financial health. You could calculate the current ratio by taking contemporary assets and dividing that discern by means of current liabilities. A ratio above 1 way current belongings exceed liabilities.

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6 0
2 years ago
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Answer: The answer is explained below.

Explanation:

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Due to the different accounting practices which are accepted by different countries, companies has to consolidate their accounting into a standard. But in a situation whereby a foreign accounting procedure is translated to an accepted and followed standard, this might lead to valuation discrepancies. Therefore, an asset valued at certain amount may fall in value due to the foreign accounting standard used when compared to local accounting standards.

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7 0
2 years ago
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