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
Aleksandr-060686 [28]
3 years ago
13

Leasing has become the number one method of external financing by U.S. companies. Reasons include each of the following except:

Multiple Choice Tax advantages. Extended use of the asset. Protection against obsolescence. Lower upfront cash needed to use an asset.
Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

Extended use of the asset.

Explanation:

The major advantages of leasing include operational, financial and tax incentives. When you lease an asset, the entire amount is taken as an expense, which might benefit a company if you compare it to the normal depreciation of a building (which lasts 39 years). Leasing also lowers the amount of foreign investment and it is easier to carry out than purchasing assets.

You might be interested in
Assets are financed by creditors and owners. At 1/29/2021, approximately what percentage of Dollar General’s assets are financed
Vlad [161]

Based on the amount of equity and that of assets, the percentage funded by owners is<u> 29.4%. </u>

<h3>What is the Percentage financed by owners?</h3>

This can be found by the formula:

= Equity / Assets x 100%

Solving gives:

= 6,702,500 / 22,825,084 x 100%

= 29.4%

In conclusion, 29.4% is financed by the owners.

Find out more on Equity at brainly.com/question/25847981.

7 0
2 years ago
Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase
ioda

Answer: See Explanation

Explanation:

You didn't give the methods to use but let me use 2 main methods.

First, let's use the Straight line Depreciation. This will be:

= ($71000 + $3000 + $2000 - $3000) / 5

= $73000/5

= $14600

Year 1 Depreciation = $14600

Year 2 depreciation = $14600

Secondly, let's use the double declining method of Depreciation will be:

= 1/5 × 2

= 0.2 × 2

= 0.4

= 40%

Year 1 depreciation will be:

= 76000 × 40%

= 76000 × 0.4

= $30400

Year 2 Depreciation will be:

= ($76000 - $30400) × 40%

= $45600 × 40/100

= $45600 × 0.4

= $18240

7 0
3 years ago
Read the following descriptions. Decide who demonstrates good habits. Erica has a file folder with old bills and receipts. She a
kramer
Erica who keeps all of her records in order.
3 0
3 years ago
Read 2 more answers
What is the main function of the Federal Open Market Committee?
Vsevolod [243]
To conduct monetary policy, it's open market operations. Buying and selling of federal government bonds to influence the money supply in the rate of interest. These operations are responsibility of Federal Open Market Committee. Ask google for more friend, hope I helped!
8 0
3 years ago
Read 2 more answers
A company has a market capitalization of $20,000,000. It has 30% of its market cap sold under preferred stock and 70%
Kruka [31]

Answer: $6,000,000

Explanation:

Hi, to answer this question we simply have to multiply the total market capital of the company (20,000,000) by the percentage under preferred stock (30%) in decimal form.

Mathematically speaking:

20,000,000 x (30/100) = $6,000,000

Feel free to ask for more if needed or if you did not understand something.  

6 0
3 years ago
Other questions:
  • The Thematic Apperception Test (TAT) is a projective test ________. a. that is designed to be culturally relevant to minority gr
    5·2 answers
  • Taxes cause deadweight losses because they
    6·2 answers
  • How do you know when a spreadsheet object is active in a PowerPoint presentation?
    7·1 answer
  • When there are many producers and many consumers in an​ economy, the best way to achieve an efficient allocation of resources is
    10·1 answer
  • In shopping for a new laptop computer for her master's degree program, Joelle has narrowed the alternatives to four brands. She
    9·1 answer
  • Suppose Sharon earns $575 per week working as a programmer for PC Pros. She uses $9 to get her car washed at Spotless Car Wash.
    14·1 answer
  • The government in Chile recently informed Clint Travis' company that his retail grocery chain in Chile would have to be graduall
    8·1 answer
  • Several financial or economic factors are relevant to the rent-or-buy decision. From the following list, identify the financial
    6·1 answer
  • I am 15 I’m I able to work at a haunted house or something like that?
    9·2 answers
  • Since long-term interest rates are usually higher than short-term interest rates, the standard yield curve is _____.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!