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2 years ago

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A company buys a color printer that will cost $1,500 to buy, and last 5 years. It is assumed that it will require servicing cost

of $200 each year. What is the equivalent annual annuity of this deal, given a cost of capital of 8%

1 answer:

vovikov84 [41]2 years ago

3 0

Answer:

The answer is "- $ 575.68".

Explanation:

please find the attached file.

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Denise Hunter had Thomasville brand living room furniture and wanted to buy a particular chair of the same brand. She made a few

miskamm [114]

Answer:

a specialty product

Explanation:

Based on the scenario being described within the question it can be said that For Denise, the chair can be categorized as being a specialty product. This is a product that very specific individuals will seek to purchase due to the product's unique characteristics or the individuals loyalty to a specific brand. Which is the case with Denise, since she is loyal to the brand and wanted a chair only from that specific brand.

7 0

3 years ago

If a finance lease contains a bargain purchase option, the lessee should amortize the leased asset: Multiple Choice Over the ter

Finger [1]

Answer:

Over the economic life of the asset.

Explanation:

An asset obtained under a financial lease must be depreciated in the same way as the company would depreciate any other similar fixed asset. E.g. a leased truck should be depreciated similarly to other trucks owned by the company.

In a financial lease, the lessor amortizes the asset's value, while the lessee depreciates the assets as common fixed assets (a lessee doesn't amortize).

3 0

3 years ago

The main focus of the marketing concept is: a) Selling as many goods as possible b) Maximising revenue c) Meeting the needs and

Elena-2011 [213]

Answer:

C. Meeting the needs and wants of customers.

Explanation:

An organization should be able to produce products that will meet the need of the customers compare to what competitors can offer.

Before a company can produce anything, it must first of all check the need of the customers. After checking and knowing the needs, the company can then proceed to produce goods that meet and satisfy those customers need.

Although, the main reason why companies engage in business is to make profit,marketing concept helps firms to sell their products because it is an important means to achieving sales and profit.

5 0

3 years ago

Angorasia, an Asian country, supports a free market system. The flexible economy of the country makes it fairly easy for new sel

skelet666 [1.2K]

Answer:

The correct answer is letter "C": consumerism.

Explanation:

Consumerism is the approach stating that only individuals' demand for goods and services should drive the economy. This idea departures from the belief that an increase in consumption leads to an increase in production, thus, the overall economic growth.

5 0

3 years ago

Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each o

Alenkasestr [34]

Answer:

The question is incomplete, see the complete question below:

Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1). Find N as well.

Payment Year Received

$

9,000 2022

9,600 2023

11,200 2025

13,400 2027

Combined present value 33,313.9

Explanation:

Present Value:The worth today of a sum receivable or payable in the future is called Present Value. It is premised on the concept of time value of money- that $1 today is worth more than $1 tomorrow. Why?

Because of the opportunity to invest; if invested, the $1 of today would earn interest so making it worth more than $1 dollar on the maturity day.

To calculate the present value of a future cash flow, we simply adiscount it using an appropriate discount rate which is the required rate of return. The discount rate is 8% in this question.

We can quickly calculate the Present Value (PV) using this formula:

PV = FV × (1+r)^(-n)

where FV - Future value, r- interest rate- 8%, n- number of years.

We can now apply these concepts to this question:

Year Present Value

2022 9000 × (1.08)^(-1) 8,333.3

2023 9,600 × (1.08)^(-2) 8230.5

2025 11,300 × (1.08)^(-4) 8305.8

2027 13,400 × (1.08)^(-6) <u> 8,444.3</u>

Combined present value <u>33,313.9</u>

6 0

3 years ago