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
Oliga [24]
3 years ago
9

Haystack, Inc. manufactures machinery used in the mining industry. On January 1, 2017 it leased equipment with a cost of $480,00

0 to Silver Point Co. The 5-year lease calls for a 10% down payment and equal annual payments at the beginning of each year. The equipment has an expected useful life of 5 years. If the selling price of the equipment is $780,000, and the rate implicit in the lease is 8%, what are the equal annual payments
Business
1 answer:
HACTEHA [7]3 years ago
3 0

Answer:

$175,808

Explanation:

P=R (1-(1+i)^-n)/i

Where P=780,000*90%=$702,000

R=?

i=8%

N=5 years

By putting above values in formula, we get

P=R(1-(1+.08)^-5)/.08

702,000=R*3.993

R=702,000/3.993

R=$175,808

You might be interested in
Raymond scores high on practical intelligence and has extensive knowledge and experience in leading a pharmaceutical research te
tino4ka555 [31]

Answer:

<u>domain specific.</u>

Explanation:

In this matter, we can analyze that Raymond has practical intelligence, which can be defined as the constitution of actions or repeated uses that will result in knowledge, that is, he has specific domain over certain subjects, such as his broad knowledge and experience in leadership of a pharmaceutical research team.

Therefore, when asked to organize a fundraising activity for a charity, he feels unprepared and uncomfortable, due to the lack of specific domain, that is, experience and repetition of performing such task.

8 0
3 years ago
Read 2 more answers
Drag the titles to the correct boxes
Natali5045456 [20]

project manager will go at the first

marketing manager will go at the second box

business analyst will go to the third box

business development manager will go to the last box

5 0
3 years ago
Sara is the team leader for the remote coding project team at her hospital. Sara reports to the chief financial officer (CFO). T
kobusy [5.1K]
The CFO manages Sara and the project.
4 0
3 years ago
__________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work en
Dafna11 [192]

Answer:

The correct approach will be "Social media ".

Explanation:

  • Social media become web-based communication platforms that always allow the individual to communicate with one another through intelligence sharing as well as consumption.
  • It is an internet-connected communication method whereby the participants build virtual forums to exchange knowledge, ideas, private correspondence, and certain other functionality.
3 0
4 years ago
Dawn's credit card has an APR of 15%, calculated on the previous monthly
vladimir1956 [14]

Explanation:

It can be tempting to pay the minimum amount due on your credit card bill, but it can be really expensive in the long run. Here's what happens if you only pay the minimum on your credit card.

4 0
3 years ago
Other questions:
  • A company's sales forecast would likely consider all of the following factors except: advertising and pricing policies. top mana
    6·2 answers
  • On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 1/10, n/30. Flores uses
    7·1 answer
  • Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plau
    5·1 answer
  • If a market basket of goods cost $100 is the US and 70 euros in France, then the PPP exchange rate would be $.70/euro.A. TrueB.
    15·1 answer
  • Iglesias, Inc. completed Job 12 on November 30. The details of Job 12 are given​ below: Direct labor cost $ 840 Direct materials
    13·1 answer
  • A company's strategy has a chance of succeeding only when it is predicated on:
    13·1 answer
  • Niles Industries is a merchandising company. It currently holds $6,000 in consignment goods for Martin Corporation. In addition,
    15·1 answer
  • Jenna has been working at Firenzi Entertainment Group for the past 3 years as a location scout. One of Jenna's chief responsibil
    6·1 answer
  • If a customer gives his broker-dealer an order to sell his stock if it falls to or below 69 and will not accept a price below 69
    7·1 answer
  • With reference to the communication process, the ________ is the medium through which the message travels
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!