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Marina86 [1]
3 years ago
12

A lessor is a party who acquires a right to the possession and use of goods under a lease.a) trueb) false

Business
1 answer:
Anika [276]3 years ago
6 0

Answer: FALSE

         

Explanation: In simple words, a lessor refers to an individual who , under a contract of lease, lets another individual to use his or her assets in return of any kind of rent or one time payment.

The individual who pays the rent in return of right to use the asset of the lessor is called a lessee. Lessor is actually the owner of the asset.

Hence the given statement is false.

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Marlin Corporation reported pretax book income of $1,003,000. During the current year, the net reserve for warranties increased
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Answer:

Explanation:

pretax book income 1,003,000

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depreciation exceeded tax depreciation 100,300

dividends received deduction -15,300

Net amount $1,113,600

Taxable amount is $1,113,600

In order to find income tax expense or benefit, multiply the taxable amount by tax rate.

7 0
3 years ago
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Lamar believes that interest rates are going to fall in the near future and remain low for a considerable period of time. she sh
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Lamar should invest in a long-term, fixed rate certificate deposit, if she believes that interest rates are going to fall in the near future and remain low for a considerable period of time.

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1 year ago
Which of the following is similar to a spreadsheet?
NNADVOKAT [17]

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Can you add a picture?

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2 years ago
Mark invested $500 in a CD that pays 5% simple interest, calculated semiannually. How much money will mark earn in 3 years
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Answer: $75

Explanation: APEX

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If the demand for loans increases, the interest rate will fall.<br><br> True or false
guajiro [1.7K]

Answer:

false

Explanation:

Interest is the cost of using credit. The applicable interest rate determines this cost.  Like most other commodities, interest rates are subject to the forces of demand and supply.

If the demand for credit increases, then the cost of credit will increase, meaning interest rates will increase. On the other hand, a decline in the demand for loans will cause interest rates to reduce.

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