Answer:
That are unforeseen or unpredictable circumstances
Explanation:
Mike and Natalie enter into a contract for a sale of ninety specially made motion detectors. When Natalie does not deliver within a reasonable time after the agreed delivery date, Mike files a suit for breach. Natalie claims the doctrine of commercial impracticability. This doctrine extends only to problems that are ___That are unforeseen or unpredictable circumstances example time______.
Answer:
C. The lessee is not expected to exercise the option to purchase the leased asset.
Explanation:
On January 1, Year 5, Company A leased a customized forklift to Company B (lessee) for a lease term of 10 years. The lease includes an option for the lessee to purchase the leased asset at the end of the lease term. The expected residual value of the forklift at the end of Year 10 is minimal and is not guaranteed. The present value (PV) of the sum of the lease payments is $70,000. Company A has classified the lease as a sales-type lease. Which of the following is not a criterion for the lessor to classify the lease as a sales-type lease?
A. The forklift is expected to have no alternative use to Company A at the end of the lease term.
B. The forklift’s remaining economic life is 11 years on the lease commencement date.
C. The lessee is not expected to exercise the option to purchase the leased asset.
D. The fair value of the forklift at the time of lease commencement is $75,000
A lease in a contract agreement in which the lessee pay the lessor after the use of an item such building, equipment, vehicle, etc. It is a contractual agreement between two people.
Sales type lease is a lease in which the price of the leased property at the beginning is different from the carrying amount and ownership is given back to the lessor at the end of the lease period. This type of lease exists when (a) the lease is not classified as operating and (b) the lessor gets both interest income and a profit (or loss) on the transaction. Therefore, the fair market value of the leased asset is more than the lessor’s cost to purchase the asset.
Answer:
Amount after 12 year will be $30762.16
Explanation:
We have given amount invested = $15000
Rate of interest r = 6 %
Time t = 12 years
As investment is compounded daily
So rate of interest
%
As 1 year = 365 days
So 12 year = 12×365 = 4380 days
We know that future value is given by

So
$
So amount after 12 year will be $30762.16
Answer:
The total standard allowed input quantity given the good output produced is 15,800 pounds.
Explanation:
From the question, for every 4 pounds of material input, 1 pounds of styrofoam sheets is manufactured. This means that to produce x pound of good sheet, 4 times x material input would be required.
Therefore for the company to have produced 3,950 pounds of good sheets,
The material input
= 4 × 3950
= 15,800 Pounds
The company would have used 15,800 Pounds to produce 3950 pounds of good sheets. As such, the total standard allowed input quantity given the good output produced is 15,800 pounds.
The FAFSA otherwise known as the Federal Application for Student Aid is a
way for college students to apply for financial aid (loans and grants)
from the federal government. You can complete the FAFSA either online or
submit through the mail (postal service). It is required that in order
to get aid for each year, you must fill out a new form each year.
Therefore, the answer is D.