Question
Assume you need two items for a project. You can lease A at Rs 100/day and B at Rs 200/day. To purchase these items, the
Assume you need two items for a project. You can lease A at Rs 100/day and B at Rs 200/day. To purchase these items, the investment cost is Rs 700 for A and 800 for B item, and the daily cost would be for 25/day for each A&B
- How long will it take for the lease cost to be the same as the purchase cost?
- If you need BOTH the items for 13 days, should you lease it or purchase it?
Consider that you cannot lease item A. You must buy it. Now if you need these two items for 20 days would you lease it or buy it?
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
5th edition
978-0077924379, 77924371, 978-0078025396, 78025397, 978-0077425654, 77425650, 978-0077667061
