Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: 15.42%
Explanation: PV ( present value) = $21,320
FV (Future Value) =$ 32.1 million.
Years(y) = 1947-1998 = 51years
r = (FV/PV)^(1/y) - 1
r = ( $32,100,000 / $21,320) ^ ( 1/51) - 1
r = ( $1505.6285)^ ( 0.0196) - 1
r = 1.15421 - 1
r = 0.0154205 X 100%
r = 15.42%
Answer:
B. The lessor does not have the right to stop delivery in transit due to the lessee's breach of the lease agreement; instead, the lessor must deliver the goods to the lessee in spite of the breach, and then sue the lessee for damages.
Explanation:
During the transit of goods, if the lessor learns of a breach of the lease agreement, he has every right to stop the delivery of the goods in transit by notifying the goods carrier or bailee. Since the carrier of the goods reports directly to the lessor, once he receives instructions from the lessor to stop delivery of goods, and he still has sufficient time, the delivery should be stopped.
Once the goods are reclaimed, the lessor can then decide to sue to recover damages. He can also, decide to cancel the contract at that point
Answer:
we are only given information about assets A and B, no information is given about assets C or D. But you should be able to solve the question in a similar manner.
- rate of return asset A = 42.86%
- rate of return asset B = 25%
Explanation:
using the future value formula
Asset A:
future value = present value x (1 + r)ⁿ
future value = $200
present value = $140
n = 1
1 + r = $200 / $140 = 1.4286
r = 0.4286 = 42.86%
Asset B:
1 + r = $200 / $160 = 1.25
r = 0.25 = 25%
