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Marta_Voda [28]
3 years ago
10

Jamestown Supply is trying to decide whether to lease or buy some new equipment. The equipment costs $72,000, has a 4-year life,

and will be worthless after the 4 years. The equipment will be replaced. The cost of borrowed funds is 9 percent and the tax rate is 34 percent. The equipment can be leased for $23,800 a year. What is the amount of the aftertax lease payment
Business
1 answer:
DochEvi [55]3 years ago
3 0

Answer:

$15,708

Explanation:

Calculation to determine What is the amount of the aftertax lease payment

Using this formula

Aftertax lease payment=Leased equipment(1-Tax rate)

Let plug in the formula

Aftertax lease payment = $23,800 (1 - 0.34)

Aftertax lease payment=$23,800(.66)

Aftertax lease payment = $15,708

Therefore the amount of the aftertax lease payment is $15,708

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Answer:

P₀ = $12.23

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Div₃ = $1.25

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now we must discount all the future dividends + terminal value

P₀ = $1.25/1.17³ + $1.65/1.17⁴ + $2.178/1.17⁵ + $20.988/1.17⁵ = $12.23

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3 years ago
The rule of supply and demand says that
LuckyWell [14K]

Answer:

C ) As demand increases,price increases

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3 years ago
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Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised or
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Answer:

Explanation:

A Supervised learning allows you to collect data or produce a data output from the previous experience while an unsupervised learning  you do not need to supervise the model.

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3 years ago
What is the relationship between gold standard and the concept of representative money?
ANTONII [103]
<span>It is the value of the gold that backs the value of representative money.</span>
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3 years ago
A stock currently sells for $44. The dividend yield is 3.3 percent and the dividend growth rate is 4.6 percent. What is the amou
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Answer:

Amount of Dividend that was just paid is $1.39

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