The final payment is <u><em>not </em></u>a fee that contributes to the original cost of leasing an automobile, option B is the correct answer.
<h3 /><h3>How is leasing charged?</h3>
The first payment is, predictably, the same as one month's rent.
A lender or lessor will impose an acquisition fee to offset the costs of establishing a loan or lease agreement.
A disposition fee, sometimes known as a turn-in fee, is a cost associated with returning a rented vehicle.
Therefore, final payment doesn't contribute to leasing a car.
For more information about leasing, refer below
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Answer:
The change in checking deposit is equal to $22,727.27.
Explanation:
An amount of $2,500 is deposited in a checking account.
The required reserve ratio is 0.11 or 11%.
A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.
The change in the checking deposits will be
=
amount deposited
= ![\frac{1}{0.11}\times \$ 2,500](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7B0.11%7D%5Ctimes%20%5C%24%202%2C500)
= $22,727.27
Answer:
The most effective advertising is very expensive and, therefore, wasteful.
Explanation:
In order for something to be considered economically wasteful it must use and dispose money carelessly.
Therefore options:
- Advertising provides consumers with price and quality information about products.
- Advertising manipulates people's tastes and can reduce competition.
Do not apply since the options do not consider the costs of advertisement.
The only option that considers the cost of advertisement is: The most effective advertising is very expensive and, therefore, wasteful. It refers to the high costs of effective advertisement, and it implies that the money is not used carefully.
I think it's 3 (The healthcare field will create new jobs because more people will need care)
I hope it helped you!
Answer:
The correct answer is d. $0.31 per client-visit; $24,766 per month.
Explanation:
The costs can be of fixed nature or a variable nature or of a mixed nature. A mixed costs contains a component of both fixed and variable costs. The high-low method is used to calculate the variable component per unit of a mixed cost. Th formula for high low method is:
Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity level - Lowest activity level)
the highest activity is in June, 13400 client visits and the highest cost is also of this activity. The lowest activity is in August, 11207 client visits and the lowest cost belongs to this activity.
Variable cost per unit = (28920 - 28235) / (13400 - 11207)
Variable cost per unit = $0.31 rounded off to two decimal places
The fixed cost = Total cost - total variable cost
Taking 13400 activity,
The fixed component is = 28920 - (0.31 * 13400) = $24766 per month
Thus, the correct answer is d.