Answer:
True
Explanation:
The matching principle states that only those payments and receipts which actually are paid or received. the interest accrued is not included unless it is paid
Answer:
The solution shows that a rate of return of 10% which provides an annuity factor of 4.868 generates an NPV which is equal to zero. Thus, our IRR or internal rate of return is 10%.
Explanation:
The IRR or internal rate of return is the rate at which NPV or Net Present Value of the investment becomes zero. We are provided with the initial outlay for the project and the annual cash inflows along with time period. Using the annuity factors given below, we need to find out the factor which makes the NPV zero. The NPV is calculated as follows,
NPV = Present Value of Cash Inflows - Initial Outlay
We can try out each annuity factor and see what NPV is generates.
1. 6% rate (Annuity factor = 5.582)
NPV = (30000 * 5.582) - 146040
NPV = $21420
2. 8% rate (Annuity factor = 5.206)
NPV = (30000 * 5.206) - 146040
NPV = $10140
3. 10% rate (Annuity factor = 4.868)
NPV = (30000 * 4.868) - 146040
NPV = $0
So, from the above solution we can see that a rate of return of 10% which provides an annuity factor of 4.868 generates an NPV which is equal to zero. Thus, our IRR or internal rate of return is 10%
Answer:
landlord´s responsibilities:
- working appliances: repair or replace broken appliances, unless tenant is responsible because they didn't use them properly
- removal of bedbugs: the owner must provide warranty of habitability, so any type of bedbugs, or other insect or animal infestation should be eliminated.
- fixing locks and windows: repair or replace broken locks or windows, unless tenant is responsible because they didn't use them properly
tenant's responsibilities: (besides paying the rent)
- working appliances: the tenant must operate appliances in a reasonable manner
- basic housecleaning: the tenant is responsible for keeping the house clean and removing garbage
- fixing locks and windows: the tenant must use them in a reasonable manner
Answer:
B. probably live longer than those without such positive attitudes.
Explanation:
An attitude is an entity or principle which defines a person's personality and thoughts. It helps a person building an emotional outlook altogether. Attitude can be both positive and negative. It affects the thought, emotions, and feelings of the person. It depends on the attitude how a person handles a situation. In the case of Meno, it is because of his positive attitude that he will be able to live longer and happier than other people.
