Answer:
The present value of the contract is 0.5% higher if the rent is paid at the beginning of the month. That is equal to $11.28 for every $100 of rent. 
Explanation:
if the rent is paid at the beginning of the month, the present value of the lease contract will be:
PV = monthly rent x PV annuity due factor
we are not given the monthly rent, but we know the PV annuity due factor for 0.5% and 24 periods = 22.67568
if the rent is paid at the end of the month, the PV = monthly rent x PV ordinary annuity factor
the PV ordinary annuity factor, 0.5%, 24 periods = 22.56287
assuming that the rent is $100 (just to calculate a %), the PV of an annuity due = $2,267.57
the PV of an ordinary annuity = $2,256.29
the difference between them = [($2,267.57 / $2,256.29) - 1] x 100 = 0.5%
 
        
             
        
        
        
Revenue and liability has influence on reported financial statements because;
- it understates liabilities
- it overstates revenues
<h3>What is revenue and liability?</h3>
Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.
However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.
Learn more about revenue at;
brainly.com/question/25855858
 
        
             
        
        
        
Answer:
The correct answer is *to provide a place for people to trade goods and services
Explanation:
trading can be simply described as the act of exchanging values between parties. 
a market is a place where the sellers and buyers meet and trade, in which the buyers buy what they need and want from the sellers at a price both of them can agree upon. 
 
        
             
        
        
        
In a case whereby China and india require that when foreign firms enter into joint ventures with local firms, the local partners must have the controlling ownership stake, and this illustrate a Local content law.
<h3>What is  Local content law?</h3>
 Local content law can be described as the law that measure the local content requirements and they are policies imposed by governments that make the  firms to use domestically-manufactured goods.
Hence , in the In a case whereby China and india require that when foreign firms enter into joint ventures with local firms, the local partners must have the controlling ownership stake, and this illustrate a Local content law.
Learn more about Laws at:
brainly.com/question/820417
#SPJ1