Aconsulting engineering firm's cfo wants to purchase either ford explorers or toyota 4runners for company principals. the two models under consideration cost $30,900 for the ford and $36,400 for the toyota.

when considering life-cycle costs, the aoc of the explorer is expected to be $600 per year more than that of the 4runner.

the trade-in values after 3 years are estimated to be 50% of the first cost for the explorer and 60% for the 4runner.

(a) what is the incremental ror between the two vehicles?

(b) provided the firm's marr is 18% per year, which vehicle should it buy?

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)

Post test question number 9 for entering the job market