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3 years ago

Which expenditure will be the same whether you lease or buy a new vehicle?

Business

2 answers:

Varvara68 [4.7K]3 years ago

5 0

C: gas and insurance

choli [55]3 years ago

3 0

gas cost is not determined by whether the car is bought or leased

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Read the following except from a warranty. What time period is this warranty for? "This warranty is given by XYZ motors. The Zoo

ArbitrLikvidat [17]

Answer:

The warranty period is for three years.

Explanation:

A warranty is a promise a buyer receives from the seller that the latter will repair or replace the product should it develop defects within a stated period. Warranties are granted with specific conditions. The universal condition is that the defects in the product are a result of the manufacturing process and not the buyers' misuse. The defect must occur within a stated period.

In the case of XYZ, the stated period is three years. However, the seller has introduced another condition of "or 30,000 miles whichever comes first." For business reasons, and from market experience, the seller expects that XYZ will use the vehicle at an average rate of 10,000 miles per year. At this rate, the warranty will last for three years. Should the buyer use the vehicle at a faster rate than this, the 30,000 miles will be exhausted earlier, which will bring the warranty to an end. If XYZ uses the vehicle at a slower or the expected rate, the warranty will last for three years.

7 0

3 years ago

Which of the following jobs is considered a trade?

Rina8888 [55]

The correct answer is plumbing

5 0

2 years ago

Read 2 more answers

Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not i

Mice21 [21]

Answer:

2 years and 6 months

Explanation:

after 6months

$1,000 x 10% = $100

$1,000 + $100 = $1,100

after 1 year

$1,100 x 10% = $110

$1,100 + $110 = $1,210

after 1 year and 6 months

$1,210 x 10% = $121

$1,210 + $121 = $1,331

after 2 years

$1,331 x 10% = $133.10

$1,331 + $133.10 = $1,464.10

after 2 years and 6 months

$1,464.10 x 10% = $146.41

$1,464.10 + $146.41 = $1,610.51

4 0

3 years ago

A business’s total revenue for a specified period is $500,000, its operating expenses are $50,000, and its net profit if $150,00

creativ13 [48]

Answer:

your answer is 300,000

8 0

3 years ago

Grecian Tile Manufacturing of Athens, Georgia, borrows $1,500,000 at LIBOR plus a lending margin of 1.25 percent per annum on a

shtirl [24]

Answer: 92812.50

Explanation:

The following information can be derived from the question:

Loan principal = $1,500,000

LIBOR for 1st 6 months = 4.50%

LIBOR for last 6 months = 5.375%

Lending margin per annum = 1.25%

The interest will then be:

= 1,500,000 × [(4.50% + 1.25%)/2] + 1,500,000 × [(5.375% + 1.25%)/2]

= 1,500,000 × [(0.045 + 0.0125)/2] + 1,500,000 × [(0.05375 + 0.0125)/2]

= 92,812.50

Therefore, the interest is 92812.50.

8 0

3 years ago