Finch, Inc

question 54

Essay

Finch, Inc. has bought a new server and is having to 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 that it must consider. 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:

Potential Solutions

Possible strategies or methods that could be employed to address and resolve a specific problem or challenge.

Strategy

A plan of action designed to achieve a long-term or overall aim, often involving a series of tactics or methodologies.

Professional Appearance

The manner of dressing and grooming oneself in a way that meets the expectations and standards of a particular profession.

Tattoos

Permanent marks or designs made on the skin by inserting pigment through punctures in the skin's top layer.