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dezoksy [38]
1 year ago
14

Suzette is leasing a condo from the Garcias. She has been renting the condo for over three years. She renews the lease each year

and, because of her loyalty and exemplarily ren
Business
1 answer:
Xelga [282]1 year ago
4 0

The Garcias own the condo in freehold but rent it to Suzette in leasehold.

<h3><u>What is leasehold?</u></h3>
  • A leasehold estate is a temporary ownership of the right to possess land or other property in which a lessee or tenant retains real property rights under some sort of title from a lessor or landlord.
  • A leasehold estate is often regarded as personal property even though a tenant does have rights to real estate.
  • In a leasehold arrangement, one party purchases the right to occupy land or a building for a predetermined period of time.
  • Leasehold real estate can be bought and sold on the open market since a lease is a legal estate.

Thus, a leasehold differs from a freehold or fee simple, where property ownership is acquired outright and afterwards retained for an indefinite amount of time, as well as from a tenancy, when a property is let (rented) on an irregular basis, such as weekly or monthly.

Know more about leasehold with the help of the given link:

brainly.com/question/16507621

#SPJ4

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HI Corporation is considering the purchase of a machine that promises to reduce operating costs by the same amount for every yea
Alexus [3.1K]

Answer:

Annual savings = 61,746.

Explanation:

The Net Present Value (NPV) is the difference between the present value (PV) of cash outflows  and PV of cash inflow

At the internal rate of return the PC of annual cash savings will be equal to the investment cost

Initial cost = 211980

PV = annual cash savings = A× (1- (1+r)^(-n)/ r

A=?  r-internal rate of return, 14%, n-number of years- 5

211980 = A  (1- (1.14)^(-5)/ 0.14

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Annual savings = 61,746.

5 0
3 years ago
A review of the personal selling process indicates that selling is:
MArishka [77]

Answer:

d. a matter of establishing relationships.

Explanation:

Selling involves creating a relationship with the prospect.

The sales relationship has the short-term value you get from the customer.

There is also the long-term life-time value of the customer to be considered.

Sales based on referrals are the easiest to obtain and give best value.

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7 0
3 years ago
Answer the following as True or False.
svp [43]

Answer:

1. False

2. True

3. True

Explanation:

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5 0
3 years ago
Question 7
elena-14-01-66 [18.8K]

Today's share price for CCN is $16.67

Today's share price for CCN can be determined using the Gordon constant dividend growth model

The Gordon growth model is used to determine the value of the share of a firm using the value of its dividend with the assumption that the firm grows at a constant rate.

The formula of the Gordon constant dividend growth model :  

price = d1 / (r - g)

d1 = next dividend to be paid = $0.50

r = cost of equity = 12%

g = growth rate = 9%

0.50 / (12% - 9%)

0.50 / 3%

0.50 / 0.03

= $16.67

A similar question was answered here: brainly.com/question/15023105?referrer=searchResults

6 0
2 years ago
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