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grin007 [14]
4 years ago
8

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s

the best transportation option for Jim?
ABuying a car using an auto loan.
BLeasing a car.
CUtilizing his saving as a down payment and buying the car using an auto loan.
DRenting a car daily.
Business
1 answer:
Bad White [126]4 years ago
8 0
I'd say B, by leasing the car he'd save more money if it broke down or stopped functioning properly and if that happened he could lease a different car instead of paying multiple times to fix things that would most likely break down again because he owned it.
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Flannery Corporation owns machinery with a book value of $520,000. It is estimated that the machinery will generate future cash
Aleonysh [2.5K]

Answer:

(d)$105,000.

Explanation:

Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored  

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value of machinery - fair value of machinery

= $520,000 - $415,000

= $105,000

5 0
3 years ago
1. Define Trade, Import and Export<br><br> 2. List items the U.S. imports and exports.
jasenka [17]

Answer:

food and clothing

Explanation:

import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.

4 0
3 years ago
A foreign exchange student bought a used car for $10,000 and resold it one year later for $6,500. Insurance, license, and operat
lidiya [134]

Answer:

$6000

Explanation:

Break up of the economic cost of owning and operating the car for the year is mentioned below:

Car Bought -                                                     10,000

Add: Insurance, license and operating cost - 1,500

Add: Interest (10,000 * 10%) -                           1,000

Less: Car resold -                                             (6,500)

Total -                                                                6,000

Therefore, economic cost of owning and operating the car for the year was $6,000.

7 0
3 years ago
A methodology aimed at reducing the number of defects in a business process
pishuonlain [190]
<span>A methodology aimed at reducing the number of defects in a business process is known as Six Sigma. 
The aim is to reduce these defects to as close to zero defects per million opportunities (DPMO) as possible. 
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3 0
3 years ago
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio
baherus [9]

Answer:

                               Job 765        Job 766

Direct material         $5,670          $8,900

Direct labor              $3,500          $4,775

Overhead                 $5,400          $8,800

                                (27*200)        (44*200)

Total Job cost          $14,570        $22,475

b) Cost per unit  = Total job cost/unit produced

Job 765 = $14,570/152 units

Job 765 = 95.86

Job 766 = $22,475/250 units

Job 766 = 89.90

8 0
3 years ago
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