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djverab [1.8K]
2 years ago
13

Pita Pub leased a specialty machine for a five-year non-cancelable term. At the end of the five-year term, Pita Pub has four con

secutive one-year renewal options. A replacement machine can be acquired, but due to an expensive installation process and Pita Pub’s lease term for its mall location, Pita Pub expects to lease the machine for seven years. What is the lease term?
Business
1 answer:
natita [175]2 years ago
8 0

Answer: 7 years

Explanation:

A lease is an agreement between parties for the use of an asset by one of the parties whilst paying the other party for the usage. The party leasing is known as the lessor and the party being leased to is the Lessee.

The lease term in this scenario consists of the original non-cancelable 5 years and then an additional 2 year consecutive renewal which Pita Pub is entitled to and wants to exercise due to high installation costs and the lease term for their location. So that brings the total to 7 years.

If you need any clarification do comment.

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A freelance writer must choose how to spend her time working on several different types of projects. Newspaper stories take 3 ho
Paraphin [41]

Answer:

3N + 25M + P ≤ 45

Explanation:

Let the number of Newspaper Stories taken=N

Newspaper stories take 3 hours to write.

Total Hour spent on Newspaper Stories=3N

Let the number of Magazine Articles taken =M

Magazine articles take much longer to write 25 hours per article.

Total Hour spent in Magazine Articles=25M

Let the number of Proofreading jobs taken =P

Proofreading pays for every 1 hour

Total Hour spent in Proofreading jobs=P

Since both newspaper stories and magazine articles must be completed in the week they are started.

The writer doesn't want to work more than 45 hours per week. So his total hour in a week is less than or equal to 45.

The Constraint that limits the amount of time the writer will work in a week is given as:

3N + 25M + P ≤ 45

7 0
2 years ago
Last year Electric Autos had sales of $175 million and assets at the start of the year of $300 million. If its return on start-o
nalin [4]

Answer:

Operating profit margin = 25.71%

Explanation:

Amount of return on asset = Rate of return x Asset value

Amount of return on asset = 15% x $300,000,000

Amount of return on asset = $45,000,000

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $45,000,000 / $175,000,000

Operating profit margin = 0.257143

Operating profit margin = 25.71%

5 0
2 years ago
An insurance company has offered your friend the choice of $45,000 per year for 15 years, with the first payment being made toda
TiliK225 [7]

Answer:

$427,011.92

Explanation:

We use the present value formula i.e to be shown in the attached spreadsheet

Given that,  

Future value = $0

Rate of interest = 7.5%

NPER = 15 years

PMT = $45,000

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

And, in type we write the 1 instead of 0

So, after solving this, the present value is $427,011.92

8 0
2 years ago
________ reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines,
ser-zykov [4K]

Answer:

Proactive consumers

Explanation:

Proactive means acting in advance to deal with an unexpected change or difficulty in the future.

Proactive consumers refers a group of consumers who are an intrinsic part of the creative process of developing a product. They are the active consumers. They are not a part of the passive consumers where industry dumps consumer goods.

Proactive consumers are part of the production and marketing process of a product. They make research on how a product can be improved on.

Proactive consumers reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines, recommendations from friends in-the-know—to not only research a product, but to negotiate price and other benefits.

3 0
2 years ago
Lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. She ha
Bezzdna [24]

Answer:

]-0]-]'-0]

Explanation:

7 0
2 years ago
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