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Alik [6]
2 years ago
13

In the chapter about owning versus leasing, one set of examples compares the cost of owning versus the cost of leasing for South

side Clinic, a not-for-profift organization. The net advantage to owning (versus leasing) for Southside amounted to $676. The difference between the two methods of financing: A) is so small that it might be disregarded. B) may be considered as a nearly neutral comparison between the two methods. C) is so small that it might be disregarded and may be considered as a nearly neutral comparison between the two methods. D) None of these is correct
Business
1 answer:
Ivan2 years ago
3 0

Answer:

The correct answer is D) None of the above options are correct.

Explanation:

In making a decision about whether to own or lease a property, if the cost of ownership is only slightly higher than leasing, financial intelligence requires that the company, or business or entity or person checks to see if the property is an income is generating one.

If yes, then it's should be considered for purchase

If the asset is not income-generating but plugs a cost leakage, it can also be considered if the value can appreciate in value.

It only becomes advisable to lease the assets if:

  1. the cost of purchasing the property far outweighs the cost of leasing as well as the current capacity of the Clinic;
  2. It's an assets that is non-income generating
  3. If it's a non-income generating asset that attracts lots of taxes etc.

Cheers

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Four year universities are the only type of school worth attending. True False​
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Answer:

false

Explanation:

5 0
2 years ago
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Hoffman Company purchased merchandise on account from a supplier for $65,000, terms 1/10, n/30. Hoffman Company returned $7,500
Stella [2.4K]

Answer: a. $56925 ; b. Account payable

Explanation:

a. If Hoffman Company pays the invoice within the discount period, what is the amount of cash required for the payment?

Purchase invoice = $65000

Less: Return = ($7500)

Net Purchase Invoice = $57500

Less: Discount = $57500 × 1% = $575

Cash received = $56925

b. What account is debited by Hoffman Company to record the return?

The account that is debited by Hoffman Company to record the return is the account payable.

3 0
2 years ago
Which of the following is a suggested policy on executive smartphone use?
azamat

Answer:

B. all of the above

Explanation:

Suggested policy on executive smartphone use:

  • Smartphone configuration and archiving policies.
  • A mandatory password requirement for smartphones.
  • A stated policy on deleting messages on smartphones
3 0
3 years ago
A group of nations establishes a free-trade zone. What is the most likely effect?
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4 0
3 years ago
After visiting several automobile dealerships, Richard selects the car he wants. He likes its $11,500 price, but financing throu
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Answer:

The answers are:

A) total interest = p x r x t

where:

  • p = $9,200
  • r = 10%
  • t = 2 years

total interest = $9,200 x 10% x 2 = $1,840

B) the total cost of the car = down payment + principal + total interest

total cost = $2,300 + $9,200 + $1,840 = $13,340

C) monthly payment = (principal + total interest) / total number of payments

monthly payment = ($9,200 + $1,840) / (12 x 2) = $11,040 / 24 = $460

D) APR = (total payments x total interest) / [principal x (total payments +1)]

APR = (24 x $1,840) / ($9,200 x 25) = 0.192 or 19.2%

5 0
3 years ago
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