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Take me to the text Two days ago, one of Rosio Catering Inc's delivery vans stopped working. To meet demands, the company needs a new
Take me to the text Two days ago, one of Rosio Catering Inc's delivery vans stopped working. To meet demands, the company needs a new van. The company is deciding to either lease or purchase a new van. The company can lease the van from leaselt Ltd under a 4 year contract. The lease cost would be $13,000 per year. On the other hand, Rosio can purchase a van from Buylt Ltd. for 549,100 . Assume Rosio has a required rate of teturn of 12%. Do.not enter dollar signs or commas in the input boxes. Use the present value tables found in the textbook appendix. Bound your answer to the neatest whole number. Use the NPV method to determine which alternative the company should accept Lease Cost 5 Purchase Costs Therefore, Rosio should
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