Answer:
Option (C) Day 50
Explanation:
Data provided in the question:
Purchasing cost of the item needed in project = $10,000
Daily operating cost = $500
Lease amount per day received = $700
Now,
For the purchase cost be the same as the least cost
The total cost should be equal to the total lease received
let the 'x' be the day on which purchase cost is equal to lease cost
thus,
$10,000 + $500x = $700x
or
($700 - $500)x = $10,000
or
$200x = $10,000
or
x = 50
Hence,
Option (C) Day 50
Answer:
C
Explanation:
The Johnson Automotive Group recently closed two of its US manufacturing facilities and opened a new facility in Asia to take advantage of lower labor costs and savings in energy costs.
The company made this change in order to benefit from low cost of factor of production such as Labor, Land, Machines, etc.
Answer: Costs associated with obtaining the loan.
Closing costs for the buyer refers to the cost of taking out a home loan and costs associated with owning a home.
Costs of taking out a home loan include costs of origination, processing the home loan and the cost of home inspection, cost of credit report etc.
Costs of owning a home include home insurance, pest infection fees, home owner’s association fees etc.
The chart lists taxes and origination fees separately. Hence the item ‘costs associated with obtaining the loan’ will also be referred to as closing costs
.
Answer:
It's False
Explanation:
electronic cover letter should be prepared in a proper business format. e-mail address is not sufficient information to be added in an electronic cover letter. networking letter is the type of letter in which adding an e-mail address is sufficient.