Heidi Inc. is considering whether to lease or purchase a piece of equipment. The total...
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Accounting
Heidi Inc. is considering whether to lease or purchase a piece of equipment. The total cost to lease the equipment will be $120,000 ovis is estimated Me, while the total cost to buy the equipment will be $75,000 over its estimated Me At Heidi's required rate of return the net presens value of the cost of leasing the equipment is $73,700 and the net present value of the cost of buying the equipment is $68,000. Based on financial factors, Heidi should Multiple Choice lease the equipment, saving $45,000 over buying buy the equipment saving $45,000 over leasing lease the equipment, saving $5,700 over buying buy the equipment, saving $5.700 over leasing
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