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tino4ka555 [31]
3 years ago
12

Sarah purchased a new ATV which cost $9,250. She made a 20% down payment and financed the remainder. What amount did she finance

? (Enter your answer as a number ex. 4362)
Business
1 answer:
PilotLPTM [1.2K]3 years ago
3 0

Answer:

$7400

Explanation:

100-20=80

80% of $9250

=$7400

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When the total expenses over the life of an operating lease are compared to the total expenses over the life of a finance lease,
Tasya [4]

Answer:

The expenses of the finance lease and operating lease are equal

Explanation:

A lease is an agreement wherein the the lessor allows the lessee to use an asset for a fixed period in return for periodical lease rentals.

Leases are of two types, operating and finance. In the latter, the lessee has the option to buy the asset on lease, at the end of the lease term at a very reduced value. In case of operating lease, the lessor remains the owner upon the termination of lease.

Expenses refer to lease rental payments made by the lessee to the lessor. Considering, the lessor wants a desired rate of return from leasing activity, the lease rentals under both would be structured to give him the same desired return.

This means, the expenses of both finance and operating lease would be equal.

5 0
3 years ago
Precertification, Mandatory Second Surgical Opinion, and Concurrent Review are provisions in health insurance policies known as:
kakasveta [241]

Answer:

B, cost containment provision

Explanation:

Cost containment provision also known as case management provision is a method of managing health provision for individuals with high maintenance health issues. This case management or cost containment provision has steps which include intake, needs assessment, service planning, monitoring and evaluation.

Cheers.

6 0
3 years ago
perations management is part of a production system that can be described in the following manner: Organization: inputs→processe
Tomtit [17]

Answer:furniture manufacturer: wood→sanding→chair---C

Explanation:

Operations management is the part of a production system that  administers best business practices to create the highest net operating profit within an organization. It  involves the management of  converting raw materials and labor into finished goods and services by passing through  efficient processes  so as to  maximize profit of an organization.

In Operations management, efficient productivity , coordination and formulation of new improved process is important  because to maximize profit requires constant innovation to reevaluate current practices.  An operations management is involved in inputs, process and outputs as can be seen illustrated below.

furniture manufacturer: wood→sanding→chair

5 0
3 years ago
Colombo Enterprises has a defined benefit pension plan. At the end of the reporting year, the following data were available: beg
iVinArrow [24]

Answer:

Option D. $10,000 is the correct answer.

Explanation:

Journal Entry for pension expenses:

Pension Expense                                  $10,000

     Cash                                                 $10,000

(To record pension expenses)

Pension expenses for the year ended is comprised of the following components of pension cost.

Service Cost                                           $14,000

Interest cost                                            $6,000

Expected return on plan assets            $10,000

                                                            __________

Pension expenses                                  $10,000

3 0
3 years ago
What are the relative merits of three trade agreements and alliances?
IgorLugansk [536]

What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.

Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.

8 0
3 years ago
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