Answer: 10 months
Explanation:
It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.
Here is how;
Doing it themselves would cost -
$250 - For a lawnmower
$135 - For an edger
$69 - For a hedge trimmer
$25 - For a rake
Summing these up gives $479
It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.
On the other hand, if they were to hire a professional service, it would cost
• $75 for the first month and
• $45 for subsequent months
So, $45 * 9months = $405
$405 + $75 (for the initial month) = $480
Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.
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.
Answer:
$228,000
Explanation:
Value of the building
= Market price of the shares x Number of shares exchanged
= 12000x$19
=$228,000
Answer:
The actual return on investment was 16.67%
Explanation:
the Return on Investment, will be the net income copared with the own funds (equity). So, we will compare the 50,000 net income with the owner's equity 300,000
50,000/300,000 = 0.1667 = 16.67%
The return on investment is 16.67% This means for every dollar of equity the comany earn 16.67 cent
It also means the company will return their entire investment in:
1/ROI = 1/0.166666 = 6 years
Answer:
False it is made off of vender purchases
