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kykrilka [37]
3 years ago
8

4. Will car insurance be more expensive leasing a car or buying a car?​

Business
2 answers:
Thepotemich [5.8K]3 years ago
5 0

Because leased cars are obliged to carry additional coverages than owned cars, they can be more expensive to insure. However, drivers who buy their automobiles and select a variety of coverage options may pay the same amount for insurance as those who lease them.

Snezhnost [94]3 years ago
3 0

Answer:

Insurance companies are primarily concerned with your driving record and the type of vehicle you are insuring. Insurance rates are based on how safe of a driver you are and the amount they will have to pay out if you total your vehicle. It makes no difference to them if you have leased the car or purchased it.

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4 years ago
Three graduate business students are considering operating a fruit smoothie stand in the Harbor Springs, Michigan, resort area d
Leviafan [203]

Answer:

a. 8,000 + 1,000 + 3.2Q

b. 27,000 + 3.2Q

c. 15,000 Units

Explanation:

a. The accounting cost function is shown below:-

Accounting cost function = Fixed Leasing and insurance cost + material cost and supplied cost

= 8,000 + 1,000 + 3.2Q

b. The economic cost function is shown below:-

Economic cost function  = Accounting cost + Opportunity cost

= 9,000 + 3.2Q + 3*6,000

=27,000 + 3.2Q

c. The computation of break even point is shown below:-

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= 15,000 Units

8 0
3 years ago
A new project would require an immediate increase in raw materials in the amount of $17,000. The firm expects that accounts paya
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Answer:

C.) $10,000

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Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is.

Raw materials also known as Inventory and accounts payable are both current assets and current liabilities respectively hence, Incremental investment in working capital if the project is accepted

= $17,000 - $7,000

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5 0
3 years ago
Read 2 more answers
Alexandria has gone to the store to shop for a new backpack. She looks for the same brand she has always bought in the past but
Sergio [31]

Answer:

The correct answer is aesthetic.

Explanation:

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In this case, Alexandria has noticed a change in the design, which may affect your purchase decision, because you may have preferences towards a specific color.

4 0
3 years ago
The Lin household’s annual income is $188000. Based on the U.S. federal tax rates below, what is the average tax rate for the Li
Sedaia [141]

Answer:

24%

Explanation:

For the taxes due on April 2020 (current year taxes):

The Lin household falls under the fourth tax bracket for married individuals filing jointly:

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If no deductions were available, they would owe $188,000 x 24% = $45,120 in taxes.

6 0
3 years ago
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