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irinina [24]
3 years ago
6

Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu

tting many miles on his vehicle. What’s the best transportation option for Jim?A Use his savings to buy the car in fullB Buy the car using an auto loanC Lease the carD Take public transportation
Business
1 answer:
amm18123 years ago
8 0
Lease the car as it will not see many miles and is used in a specific time frame. should he need it longer he can buy out the lease at the end to owm the car.
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3 years ago
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Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

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Answer: Option (d) is correct.

Explanation:

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Allowance for doubtful accounts                25,200  

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