Finch,Inchas Bought a New Server and Must Decide What to Do

question 68

Essay

Finch,Inc.has bought a new server and must decide what to do with the old one.The cost of the old server was originally $60,000 and has been depreciated $45,000.The company has received two offers.One offer was made to purchase the equipment outright for $18,500 less a 5% sales commission.The other offer was to lease the equipment for $7,000 for the next five years but the company will be required to provide maintenance and insurance totaling $3,000 per year.What offer should Finch,Inc.accept?

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Definitions:

Psychological Domination

The exertion of power or influence over others through psychological means, often manipulating their perceptions or emotions.

Cultural

Relating to the ideas, customs, social behaviors, and artifacts of a particular society, group, place, or time.

Political

Relating to the government, public policies, and the administration of public affairs.

Biological

Pertains to the science of life and living organisms, focusing on physical characteristics, biochemical processes, molecular interactions, and how different forms of life evolve.