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makkiz [27]
3 years ago
13

Kate is leasing some equipment from Ajax Leasing for a period of one year. Ajax pays the maintenance, taxes, and insurance costs

for this equipment. The life of the equipment is seven years. Which type of lease does Kate have
Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer:

operating lease

Explanation:

In this scenario, it seems that Kate has an operating lease on the equipment. This type of lease is a contract that allows the customer to use the leased asset but does not transfer over ownership rights of that asset to the customer. The lease period varies on the company and its contract terms, but the customer is able to fully use the product during the time specified in the lease terms.

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If you decide to buy one of these​ TVs, what statistic is most​ relevant, other than the measures of central​ tendency? Choose t
kupik [55]

Answer:

A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.

Explanation:

The measures of central tendency refers to the measurement of data by considering the mean, median and mode so that it could estimate the sample data based on this measures

In order to decide to buy one of these TV the statistic that is should be considered and ignore the central tendancy measures is the price that is lesser to buy one of the TVs.

hence, the correct option is A.

4 0
3 years ago
You are the CEO of a major corporation. You have been tasked by the board of directors to turn the company around as they just l
Sergio039 [100]

Answer:

Profit growth

Explanation:

The core responsibilities of a Chief Executive Officer(CEO) involves communicating on behalf of the company with government officials, institutions and entities, making better and responsible corporate decisions that will accelerate the growth and the development of the company and communicating on behalf of the company with its directors, boards and shareholders.

As a CEO of a Major cooperation, my initial attention will be given to the company's profit growth. I will put in place goals, objectives and strategies that would lead the company to growth in revenues and profits generation, and thus, enabling the company to expand and realize unprecedented profit growth.

3 0
3 years ago
The manager at Screaming Trees has been trying to calculate the portion of the company's overhead expenses that is fixed and the
Leno4ka [110]

Answer:

B. $0.56

Explanation:

In this question, we use the high low method for calculation of variable cost per yard

The computation of the variable cost per yard is shown below:

= (High overhead costs - low overhead costs) ÷ (High yards processed - low yards processed)

= ($31,000 - $26,000) ÷ (35,000- 26,000)

= $5,000 ÷ 9,000

= $0.56 per unit

6 0
3 years ago
You must go on a trip to china for your work. do not give your hosts presents that cost a lot. they might be embarrassed. they m
tankabanditka [31]
The correct answer is this: When on a business trip in China, avoid giving expensive gifts to your hosts; they may cause embarrassment or even be refused.
Different culture perceives issues differently and as a business professional one has to learn the culture of the people where one found himself and act accordingly.
5 0
3 years ago
During _____, the strategic planning groups decide on a strategic direction by defining the company's mission and goals, its ext
kap26 [50]

Answer:

strategy formulation

Explanation:

Strategy formulation is one of the key purposes of business and organisation meetings. The main purpose of meetings is to decide the company's direction to proceed further. It helps to attain the company's objectives and goals.  In strategic formulation, strategic decisions are made to overview the opportunities, threats, weaknesses and strengths. Mostly the higher management, the board of directors and team leaders are called for such meetings.

5 0
3 years ago
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