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Anvisha [2.4K]
3 years ago
6

If the residual value of a leased asset turns out to be more than the amount guaranteed by the lessee, the:

Business
1 answer:
sdas [7]3 years ago
8 0

Answer:

D. Lessor is not obligated to compensate the lessee for the excess.

Explanation:

A lease agreement is a contract that allows for the use of an asset but does not convey ownership rights of the asset. It is a contract that exist between a lessor and a lessee that allows the lessee rights to the use of a property owned or managed by the lessor for a period of time.

If the residual value of a leased asset turns out to be more than the amount guaranteed by the lessee, the: Lessor is not obligated to compensate the lessee for the excess. because the lessee is  responsible for the condition of the property during the lease period.

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The employees should be asked to be as much responsive as possible so that problems can be brought up and they can be solved as soon as the possible by finding the best solution possible.

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What happens in your retirement if you have a lapse in your years of work history?
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Your monthly benefit will be lower

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Glinda goes to the supermarket for her monthly grocery shopping. As she waits in the line at the cash register, she sees her fav
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<em><u>Convenience products.</u></em>

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Phillips Equipment has 80,000 bonds outstanding that are selling at par. Bonds with similar characteristics are yielding 7.5%. T
ollegr [7]

Answer:

A) 10.15%

Explanation:

Cost of equity (Re) = 14.06% or 0.1406

cost of preferred stock (Rp) = 7/65 = 0.10769

cost of bonds (Rb) = 7.5% or 0.075

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total market value of equity + debt (in millions) = $105 + $48.75 + $80 = $233.75

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