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Casper Company owns equipment with a cost of $363,700 and accumulated depreciation of $55,100 that can be sold for $273,100, less a 5 s saies commission. Alternatively, Casper Company can lease the equipment for three years for a total of $285,100, at the end of which there is no residual value. In addition, the repair, Insurance, and property tax expense that would be incurred by Casper Company on the equipment would total $16,100 over the three year lease. a. Prepare a ditterentiat analynis on August 7 as to whether Casper Company should lease (Alternative 1) or sell (Aiternative 2) the equipment. If requir od, use a minus sign to indicate a iess. Differential Analysis Lease Equipment (Alt, 1) or Sell Equipment (Ait. 2) Auaust 7 b. Shouid Casper Compary lease (Alternative 1) or sell (Aiternative 2) the equipment?

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