In calculating her minimum standby charge, the imputed interest from the loan is part of her operating costs.

Name: In calculating her minimum standby charge, the imputed interest from the loan is part of her operating costs.
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Question

Quizplus · Accepted Answer

The minimum standby charge calculation typically involves factors such as the cost of the vehicle and its operating expenses, but imputed interest from a loan is considered a financing cost, not an operating cost.

In Calculating Her Minimum Standby Charge, the Imputed Interest from the Loan