subject
Business, 21.04.2020 15:51 angeisthe72

You are trying to decide whether to lease a car for four years or buy a new car now and sell it for four years later. The annual lease payment would be $6,300 with payments made at the beginning of each year. The new car price is $47,000 now. Four years later, you are expected to sell the car for $33,000. The appropriate discount rate for this project is 7.2%. Should you buy or lease? Use the present value comparison method. Do on excel please!

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 13:40
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
Answers: 3
question
Business, 22.06.2019 17:00
Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?
Answers: 2
question
Business, 22.06.2019 18:00
If you would like to ask a question you will have to spend some points
Answers: 1
question
Business, 23.06.2019 02:00
Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:
Answers: 2
You know the right answer?
You are trying to decide whether to lease a car for four years or buy a new car now and sell it for...
Questions
question
Chemistry, 16.01.2020 02:31
question
History, 16.01.2020 02:31
question
Mathematics, 16.01.2020 02:31
Questions on the website: 13722367