An individual considers 2 alternatives for having a $29,000 car:

Purchase with $5,000 down and $450/month for 60 months at the end of which the car would have a market value of $7,500 or Lease with $2,500 due at signing and $350/month for 60 months.

Assume that the car would have the same mileage and be in the same condition by either alternative. Use a method of your choice to determine which alternative is less expensive, given that i=5% per year compounded monthly.

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?