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makkiz [27]
1 year ago
13

Kate is leasing some equipment from Ajax Leasing for a period of one year. Ajax pays the maintenance, taxes, and insurance costs

for this equipment. The life of the equipment is seven years. Which type of lease does Kate have
Business
1 answer:
Vanyuwa [196]1 year ago
7 0

Answer:

operating lease

Explanation:

In this scenario, it seems that Kate has an operating lease on the equipment. This type of lease is a contract that allows the customer to use the leased asset but does not transfer over ownership rights of that asset to the customer. The lease period varies on the company and its contract terms, but the customer is able to fully use the product during the time specified in the lease terms.

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You are planning to email to two lists. The first list has 5,000 names. The second list has 3,900 names. There are 700 names tha
dusya [7]

Answer:

8,200

Explanation:

You have to email the list of 5000 names first and then you have also second list for emailing consists of 3900 names. The sum of both the list is equal to 8,900. But there are 700 names which are common on both lists. You have to subtract 700 from 8,900 to identify the number of unique names you have. The answer you will get after subtraction is 8,200.

7 0
1 year ago
During July, the cost of goods manufactured at Xxis Corporation was $70,000. The beginning finished goods inventory was $19,000
JulsSmile [24]

Answer:

The cost of goods sold =  $74,000

Explanation:

<em>Cost of goods sold is computed as</em>

<em>Opening stock + production- closing inventory</em>

<em>The figure is always subtracted from the sales revenue to determine the gross profit</em>

The cost of goods of XXis Corporation

Cost of goods sold = 19,000 +  70,000 - 15,000

 = $74,000

The cost of goods sold =  $74,000

5 0
1 year ago
Chuck Diesel Burger is a food truck in Houston, Texas. Imagine that Chuck Diesel Burger’s minimum average total cost (ATC) is $3
Trava [24]

Answer:

The answer is: $3.00

Explanation:

In order for Chuck Diesel Burger to make a profit it must sell its product at ˃$3.75.

If it sells its product at $3.75 it will break even (costs = revenue).

If its price is <3.75 but ˃$2.50 it will lose money but still produce, since its revenue is ˃ than its variable cost.

Any price ≤$2.50 would make it impossible for Chuck Diesel Burger to continue production since its revenue is < variable production costs.

5 0
1 year ago
The concepts of flexibility and real options are closely related to the importance of history and ________ described as potentia
Fittoniya [83]

Answer:

The correct answer is letter "A": path dependence.

Explanation:

Path dependency refers to the stage in which a company does not engage new ventures because it is too familiar with its current processes. Besides, the entity has the belief that continuing with the historical product is has been offering is more cost-effective than engaging in the production of a new good.  

<em>The competitive advantage of the institution remains the same during the whole time which is a weakness because the market of the firm could change but the firm does not implement any measure to keep the pace of the market fluctuations.</em>

5 0
2 years ago
Card Corp. purchased bonds at a discount of $49,000, and accounted for the bonds as held to maturity. Subsequently, Card sold th
jonny [76]

Answer:

$42,000

Explanation:

Data provided

Bonds at a discount = $49,000

Sold bonds at a premium = $12,000

Discount amount = $19,000

The computation of the sale of bonds is shown below:-

Cost + Premium - (Cost - Carrying value cost)

Carrying cost = $49,000 - $19,000

= $30,000

Sale of bonds = (Bonds at a discount + Sold bonds at a premium) - (Bonds at a discount - Carrying cost)

($49,000 + $12,000) - ($49,000 - $30,000)

= $42,000

7 0
2 years ago
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