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Maru [420]
3 years ago
10

2- A local car dealer is advertising two leasing options for its new XT 3000 series sports car. Option A: is a standard 24-month

lease of $1150 per month. In addition, this option requires a down payment of $4500, plus a $1000 refundable initial deposit. In option A, the lease payments are due at the beginning of every month. For example, the first lease payment (equal to $1150) is due at the beginning of month 1. Option B: In this option, the company offers a 24-month lease plan that has only a single up-front payment of $31000 (which is paid at the beginning of month one) Note: The initial deposit in option A will be refunded to the customer at the end of month 24. Assume an interest rate of 6% compounded monthly. Which option is better for the customer
Business
1 answer:
Alex_Xolod [135]3 years ago
4 0

Answer:

A. Interest rates wouldn't be so high. Customer would be able to afford this lease better.

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The type of advertisement that is most likely to make somebody submit their ad far in advance would be direct mail advertising. 

Direct ads 
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3 years ago
Read 2 more answers
Which statement indicates the impact of globalization on the African farming community?
svp [43]

The statement that indicates the impact of the Globalization on the African farming community is use of modern methods of farming increased the crop production of the people.

<h3>What is Globalization?</h3>

Globalization is a term which refers to the interconnection and interaction of the economy with that of the world's economy. It involves the exchange of the knowledge, trade, technology and even people.

The complete image of the question is attached below.

The African farmers faced many challenges but still they are graced with a very appropriate soil type, which has been aided by modern irrigation practices, fertilizers.

Many of the international aggro-processing company that set up factory near the village in the hopes of obtaining easy and cheap labor. As a result of these factors, people's crop production has increased dramatically.

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6 0
2 years ago
The Solar Calculator Company proposes to invest $5 million in a new calculator-making plant that will depreciate on a straight-l
Harrizon [31]

Answer:

The Break-even annual sales= $2,222,222.22

Explanation:

<em>The break-even sales is the amount of revenue that a business must generate that would equate its total costs to total revenue. At the break even sales, the contribution is exactly to total iced cost, and the business makes no profit or loss</em>

Contribution margin ratio = (20-5)/20=75%

Break-even (units) = Total general fixed cost /(selling price- variable cost)

                              = 5,000,000/75%

                            =  $6,666,666.67

The annual sales = $6,666,666.67/3 =   $2,222,222.22  

The Break-even annual sales= $2,222,222.22

8 0
3 years ago
Assume that a national restaurant firm called BBQ builds 15 new restaurants at a cost of $1 million per restaurant. It outfits e
MatroZZZ [7]

Answer:

a) 19.5 million

b) $10.5 million

Explanation:

a) Since BBQ builds 15 new restaurants at a cost of $1 million per restaurant, The total cost for building restaurants = 15 × $1 million = $15 million

BBQ spends $300000 on equipment and furnishings for each restaurant. Therefore, total money spent on equipment and furnishings = $300000 × 15 = $4.5 million

The amount of Economic investments = The total cost for building restaurants + total money spent on equipment and furnishings = $15 million + $4.5 million = $19.5 million

b)  BBQ issues and sells 300,000 shares of stock at $35 per share.

Therefore, the purely financial investment = $35 per share × 300000 shares = $10.5 million

7 0
3 years ago
" stan loves collecting stamps. he receives an email that appears to come from a well-known stamp auction site asking him to res
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This scenario is an example of attempted "phishing"

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