Answer:
Option (B) is correct
Explanation:
Depreciation expense:
= (cost - salvage value) ÷ estimated useful life
= ($144,000 - $4,000) ÷ 4
= $35,000
Average investment:
= (cost + salvage value) ÷ 2
= ($144,000 + $4,000) ÷ 2
= $74,000
Net income:
= Annual net cash flows - Depreciation expense
= $46,100 - $35,000
= $11,100
Accounting rate of return:
= (Net Income ÷ Average investment) × 100
= ($11,100 ÷ $74,000) × 100
= 15%
Answer:
Policy owner
Explanation:
A Life Settlement Broker must be a practicing, experience and licensed Life agent who represents the owner and performs a fiduciary duty to the owner to act in accordance with the owner's best interest and instructions.
Answer:
The correct answer is C: likely that a court will allow the rescission based on a mistake of fact.
Explanation:
Brian was not aware of that fact that the horse is incapable of breeding at the point he buys it, but Larson assures Brian the horse is healthy. In this light, if Brian sues to cancel the contract with Larson, the court will allow it based on a mistake of fact. This way the court will reduce any civil liability or criminal culpability because Larson might not know that the horse cannot breed, although he is certain that the horse is healthy.
Is a bank account because how their going to take a loan with no bank account
Answer:
$8000
Explanation:
They have to pay $8,000 as an implicit costs.
The implicit expenditure is the advantage of the right to use the personal resources of a company that is not listed as actual, distinct expenditures.
Computation of Implicit cost for the Boston Batting Cage :
Implicit cost = Labor + maintenance + electricity
= $5,000 + $2,000 + $1,000
= $,8000
