1 answer

Please help me answer the following question. Total rental payment on a new lease is $550,...

Question:

Please help me answer the following question.

Total rental payment on a new lease is $550, of that payment we will allocate 60% towards equipment, 24% towards maintenance and 16% towards software. Please break the payment out per category.

a: Equipment portion

b. Maintenance portion

c. Software portion


Answers

Total rental payment = 550
a) Equipment Portion = 60%
550*60%
330
b) Maintainence portion = 24%
550*24%
132
c) Software portion = 16%
550*16%
88
.

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