Answer:
True
Explanation:
Reserve are the amount kept aside to replace the existing building or component over a period of time due to wear and tear. It is also know as reserve for replacement in real estate industry, it is considered as asset for the project. Replacement reserve does not include funds which are require for repairing and maintenance. Fund can be reserved by calculating cost of each item and equipment divided by its useful life in years.
The great rift valley provides evidence of a split in the <span>African Plate, dividing it into two smaller tectonic plates: the Somalian Plate and the Nubian Plate.
The Great Rift Valley refers to a huge trench which continues from Lebanon in Asia to Mozambique in Southeastern Africa. It is about 6,000 kilometers long. </span>
Answer:
His conclusion is based on his own soul-interest.
Explanation:
In the following situation, Ayden is a sole Proprietor he has no team or management system to discuss the idea of opening a new shop, Ayden has to decide about his all expenses, revenues, sources of finance and decision cost from his knowledge and experience.
- Ayden is behaving rationally because he is fully liable for his decisions.
Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50