You work as a financial analyst for JR, Inc. Your company is considering the replacement of an old car with a new one. The car can be purchased or leased. You will analyze the benefit of both options and determine if the company should buy or lease a car. You will submit a report to the board of the directors of the company for consideration.
If you make any assumption in your analysis, please specify and explain it. You can Google "leasing a car" to find the leasing opportunities or find it in a local newspaper's classified section.
Your report will include an Introduction of your case, explanation of any theory you applied, and your conclusion. Include everything, Excel calculation, in one word document.
1200 words.