Need help here.........
company expenses =$500,000 Lease/maintenance portion is 25%
The lease for Company 2 makes up 18% of the lease/maintenance portion of the expenses. Next year the taxes on lease are due to increase by $200 for every $2500 of the lease amount. If all other lease/maintenance costs remain the same, what percent of the lease/maintenance would the new lease amounts be?
And if you dont mind explain to me how you got your answer.....thank you