Directions: Read the newsletter Car Costs. Complete the activities in the newsletter. These activities will not be
Question:
Directions: Read the newsletter Car Costs. Complete the activities in the newsletter. These activities will not be submitted for grading.
http://www.ogburn.org/PFLesson04.pdf
Lesson 4: cost of cars
Objectives:
- Identify the various costs involved in acquiring and maintaining a vehicle
- Calculate the costs involved in acquiring and maintaining a 'dream' vehicle and a 'practical' vehicle
Then complete the following activities for grading:
- Identify your dream car.
- Create a plan to own your dream car.
- List all of the costs associated with your dream car. Be as specific as possible with your numbers.
- Include the sources you used to calculate the costs.
After you have completed the activity on your dream car, then do the following:
- Identify a practical car.
- Create a plan to own a practical car.
- List all of the costs associated with your practical car. Be specific as possible with your numbers.
- Include the sources you used to calculate the costs.
Once you have completed the activity on both your dream car and your practical car, do the following:
Compare the costs between these two cars. Be specific and compare the actual numbers that you used to calculate the costs of owning each car.
Helpful tip: There are other costs associated with owning and maintaining a vehicle that the purchase price. Do your research!
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik