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In-s [12.5K]
3 years ago
9

Rhone-Metro Industries manufacturers equipment that is sold or leased.

Business
1 answer:
nikklg [1K]3 years ago
7 0

Answer:

Check the explanation

Explanation:

Show how Rhone-Metro calculated the $104,000 lease payments.

Let X = Amount of each annual payment, excluding executory costs

PV of annual payments: Table 6, 4 payments at 10% = 3.48685 x X

PV of unguaranteed residual value: Table 2, 4 periods at 10% = .68301x $25,000 = $17,075

3.48685X + $17,075 = $365,760

3.48685X = $348,685

X = $348,685

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When the Federal Reserve lends money to banks and other financial institutions because no one else will, it is: Please choose th
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7 0
2 years ago
Which of the following typically has the lowest fees or cost to use?
timama [110]

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Credit cards, cash advance and a payday loan are the same in the sense that they extend a line of credit to their users. Users are then charged with an interest higher than the fee charged in using debit cards. <span>
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3 years ago
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
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stock-held savings institution

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3 years ago
RST Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory on
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Answer:

$ 13.17

Explanation:

Data provided :

Material cost in the beginning = $ 126,000

Additional material cost = $ 32,000

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Units in the work in progress = 12,000 units

Therefore, the material cost per unit for July = (Total material cost) / (Units being produced)

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3 years ago
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