gg

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?

  1. 👍 0
  2. 👎 0
  3. 👁 157
  1. that would be 125000(.27) = $33,750

    1. 👍 0
    2. 👎 0
  2. 18000

    1. 👍 0
    2. 👎 0
  3. Company 1 is 500,000 so 500000(.27)= 135,000

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. accounting

    Carlton company had assetsof $280,000 & liabilities of $120,000 at the beginning of the year and assets of $400,000 & liabilities of $140,000 at the end of the year. During the year, the owner invested an additional $40,000 in the

  2. Finance

    Your firm is considering leasing a new computer. The lease lasts for 9 years. The lease calls for 10 payments of $1,000 per year with the first payment occurring immediately. The computer would cost $7,650 to buy and would be

  3. accounting

    Baldwin Products Company anticipates reaching a sales level of $6 million in one year. The company expects net income during the next year to equal $400,000. Over the past several years, the company has been paying $50,000 in

  4. finance

    Kohers Inc is considering a leasing arrangement to finance some manufacturing tools that it needs for the next 3 years. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a

  1. Accounting

    On January 1, 2009, Sweetwater Furniture Company leased office space under a 21-year operating lease agreement. The contract calls for annual rent payments on December 31 of each year. The payments are $11,000 the first year and

  2. accounting

    "Harris Company manufactures and sells a single product. A partically completed schedule of the company's total and per unit cost over the relevant range of 30,000 to 50,000 per units produced and sold are: United produced and

  3. Deepa

    A bus service carries 10 000 people daily between Ajax and Unoin Station, and the company has space to serve up to 15 000 people per day. The cost to ride the bus is 20$. Market research shows that if the fare increases by $0.50,

  4. Accounting

    The City of Jamestown has agreed to acquire a new city maintenance building under a capital lease agreement. At the inception of the lease, a payment of $100,000 is to be made; nine anual lease payments, each in the amount of

  1. Finance

    After deciding to buy a new car, you can either lease the car or purchase it on a 3-year loan. The car costs $32,000. The lease offer is for $450/month for 36 months, with only $99 due up front. If you buy the car with a 3-year

  2. Systems Analysis and Designs

    Suppose you are studying two hardware lease proposals. Lease Option 1 costs $4,000, but requires that the entire amount be paid in advance. Option 2 costs $5,000, but the payments can be $1,000 now and $1,000 per year for the next

  3. math

    An automotive insurance company has 25,000 policyholders. The accident rate is 0.07. The number of accidents the company will have to pay out for is If the payout for each claim (after deductibles) is $8,000, the company’s total

  4. Accounting

    Max Stevenson owns a local drug store. During the past few years, the economy has been experiencing a period of high inflation. Stevenson has had the policy of withdrawing cash from his business equal to 80% of the company's

You can view more similar questions or ask a new question.