Answer:
See explaination
Explanation:
The Issue : Gary being the lessor that leased his commercial property to John to conduct bakery business with an obligation to repair modified or damaged parts if any after lease term. However, John couldnt repair the same but paid $3,100 to Gary to cover the repair expenses.
The Legislation : The required Provision says that lessee is reponsible to keep the premises in good condition and to handover back to the lessor in the same condition as it was in the beginning of the lease period except normal wear and tear. Here damage to the building was not due to passage of time or Act of God . It was due to installation of Machinery and fixtures in the building by the lessee.
According to Polster, Inc. v. Swing, tenant was reponsible to repair the damage to the drop ceiling, ceiling tiles, interior walls, front door sill and jamb as it was not normal wear and tear.
Also in the case of Churchill Forge, Inc. v. Brown, there is no unjust in requiring a tenant to reimburse the expenses to landlord. As a result cost will shift to the tenant/lessee as the case may be.
In Conclusion : Thus it is the responsibilty of John to repair the property or else to reimburse the entire expenses incurred to Gary to put the building in good shape other than for normal wear and tear.
Here , the installing of machinery and fixtures should be considered as capital expenditure as lonterm benefit is determined. However, repairs at the end of the lease period will be categorised as revenue expenditure and considered in Profit & loss account for the purpose of tax.
Answer:
news papers have more lines and you do not look at the screen
Explanation:
see you have to wait for something to pop on but news paper you can skip to any news thing you want
Answer:
To raise money.
Explanation:
Because they need it and people need Christmas trees
Assuming he sold all the shares of both companies for $600 and $900 respectively. what the ratio of return on investment from company x to that from company y will be is : 2:3
First step is to calculate x return on investment
x return on investment = $600 - $500
x return on investment= $100
Second step is to calculate y return on investment
y return on investment= $900 - $750
y return on investment= $150
Now let determine the ratio of return on investment from company x to that from company y
Using this formula
Ratio of return on investment=x return on investment/y return on investment
Let plug in the formula
Ratio of return on investment=100/150
Ratio of return on investment=2/3
Ratio of return on investment=2:3
Inconclusion assuming he sold all the shares of both companies for $600 and $900 respectively. what the ratio of return on investment from company x to that from company y will be is : 2:3
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