Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need the answer for Case #9 Equipment Leasing.pdf EXERCISES 1) One of the lease pros is: a. you have to pay for tech support

I need the answer for Case #9

Equipment Leasing.pdf

EXERCISES

1) One of the lease pros is:

a. you have to pay for tech support

b. high monthly payments

c. quick replacement in case of problems

2.Leasing is ideal for equipment because:

a.this leads to immediate return on investment.

b.this helps you earn money faster.

c.this gives you opportunity to invest more.

3.Leasing equipment can be a good option for business owners who:

a.have already established their business.

b.have limited capital.

c.have the equipment and not interested in having an upgraded one.

4.To get the equipment in lease you have to:

a.pay the full price.

b.pay half the price upfront.

c.pay nothing upfront.

5.The capital lease is a type of lease where:

a.the equipment is considered as an asset on your balance sheet.

b.where you do not get the benefits such as taxes, risks and else.

c.where you have to purchase the equipment for a full price to use it further.

5.Operating lease is:

a.a short-term operation (3 or less years).

b.a long-term operation (3 and more).

c.an operation which can be done within a few days.

7.Leasing is ideal for equipment which.

8.Sectionof thecode lets you deduct the full cost of newly purchased assets, such as computer equipment, in the first year.

9.Should your business lease or buy equipment?

Please help me with this

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management and Competitive Advantage Concepts and Cases

Authors: Jay B. Barney, William Hesterly

5th edition

133129306, 0133127400, 9780133129304, 978-0133127409

More Books

Students also viewed these General Management questions

Question

Name the highlighted chemical group in each molecule. carbonyl

Answered: 1 week ago