if company 2 lease/lease maintenance totals $125,000 for the year and the company 1 spends 27% for the least maintenance how much is company 1 paying for their lease/maintenance?
that would be 125000(.27) = $33,750
18000
Company 1 is 500,000 so 500000(.27)= 135,000
To find out how much Company 1 is paying for their lease/maintenance, we need to calculate 27% of the total amount spent by Company 2.
Step 1: Calculate the amount Company 2 is spending on lease/lease maintenance: $125,000.
Step 2: Calculate 27% of $125,000 by multiplying the total amount by the percentage (27/100).
27/100 * $125,000 = $33,750.
Therefore, Company 1 is paying $33,750 for their lease/maintenance.