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
Lina20 [59]
3 years ago
12

Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for

$3,000 for her business. At the end of the year the computer is worth $2,000. The costs that Wanda's business pays for use of the computer is ________ for that year.
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

You might be interested in
The difference between the small business owner and the entrepreneur is that the entrepreneur:A. manages the businessB. files ta
Oksanka [162]

Answer:

E. is accurately described by all of the above

Explanation:

  • The main difference is that the entrepreneurs took at the big picture and are more ideal,  innovative and risk-takers and focuses more on the startups and growth and spread of business and attempts to make profits
4 0
2 years ago
List 2 ways in which constellations are used.
tangare [24]
In Ancient times, constellations were used to create and track the calendar so they knew when to plant crops and harvest them. Constellations were also used for navigation and to help sailors travel across oceans.
3 0
2 years ago
Read 2 more answers
What is salary system?
Murljashka [212]

Answer:

Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of more than producing a weekly, biweekly or bimonthly paycheck.

Explanation:

4 0
2 years ago
On January 1, Smith Industries leased equipment to a customer for a four-year period, at which time possession of the leased ass
KiRa [710]

Answer:

The amount of the annual lease payments is $98,124.

Explanation:

This can be calculated using the formula for calculating loan amortization as follows:

P = (A * (r * (1 + r)^n)) / (((1+r)^n) - 1) .................................... (1)

Where,

P = Annual lease payments = ?

A = Amount to be recovered through periodic lease payments = Equipment cost - Residual value = $425,000 - $100,000 = $325,000

r = interest rate = 8%, or 0.08

n = Number of years of lease term  = 4

Substituting all the figures into equation (1), we have:

P = ($325,000 * (0.08 * (1 + 0.08)^4)) / (((1+0.08)^4) - 1)

P = $98,124.2614475627

Rounding to the nearest whole dollar as required, we have:

P = $98,124

Therefore, the amount of the annual lease payments is $98,124.

4 0
2 years ago
The __ approach takes into account both the magnitude and timing of cash flows over the entire life of a project in measuring it
Nikolay [14]

Answer: d. internal rate of return

Explanation:

The Internal Rate of Return can be a very useful method for measuring the viability of a product because it takes into account the magnitude and timing of cashflows when it discounts it to the current period to find out if it will lead to a higher NPV than zero.

The other methods have their limitation. The payback period does not take into account the entire lifetime but rather stops as soon as the project pays back and the other two do not take into account the timing of the cashflows.

4 0
2 years ago
Other questions:
  • Which business information management career/job role enables you to run an independent consultancy?
    9·2 answers
  • Sometimes compensation packages include bonuses designed to provide performance incentives to employees. The difficulty a bonus
    15·1 answer
  • Question 6 of 10<br>3 Points<br>A body of the letter is composed of the:​
    6·1 answer
  • Assume the following property and equipment footnote was obtained from the Deere &amp; Company's 2016 10-K. Property and Depreci
    9·1 answer
  • Some economists say that economic growth involves a​ trade-off between current generations and future generations. If a current
    8·1 answer
  • Oxidants such as hydrogen peroxide have the ability to release?
    8·1 answer
  • The Adams Corporation, a merchandising firm, has budgeted its activity for November according to the following information:
    12·1 answer
  • QUESTION 5 of 10: Which is an example of a trend?
    14·2 answers
  • What is bad customer service ? with example​
    9·2 answers
  • Select the correct answer.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!