1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
otez555 [7]
3 years ago
6

All the following statements about residual value guarantees are correct about residual value guarantees, except that they:

Business
1 answer:
lozanna [386]3 years ago
6 0

Answer:

c. protect lessees against lessors who abuse leased assets.

Explanation:

The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.

The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.

You might be interested in
Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $6
katen-ka-za [31]

Answer:

b. $600,000

Explanation:

The company has to record as revenue the product at the list price, then if exist a special discount on the price list, it must be record as discount applied to products in the Income Statement, separate of Revenue or Gross Sales.

The price that the company ACH pay by the product ($650,000) it's not at change on the price if not due to the payments term which is one year later, so the company ACH has to pay a financial cost because the payment will be made one year later.

6 0
3 years ago
Which of the following is an example of marginal cost?
cestrela7 [59]

Answer:

B

Explanation:

6 0
3 years ago
What Is margin of safety?
skelet666 [1.2K]

Answer:

Margin of safety is a principle of investing in which an investor only purchases securities when their market price is significantly below their intrinsic value. ... Alternatively, in accounting, the margin of safety, or safety margin, refers to the difference between actual sales and break-even sales

5 0
2 years ago
The U.S. unemployment rate moves up and down as the economy moves in and out of recessions. But over time, the unemployment rate
crimeas [40]

Answer:

c.4%

Explanation:

Based on the information provided within the question it can be said that the unemployment rate fluctuates but over time, always returns to a range of around 4%. Throughout history in the United States of America the unemployment rate has gone up and down with the times but always returns to normal. This normality is usually 3.9% with the lowest lately having been 3.6% in September of 2019.

7 0
3 years ago
When there is less money in
Drupady [299]

Answer:

the correct answer is

D all of the above

8 0
2 years ago
Other questions:
  • Your firm is a supplier to a major chain of discount stores. you have heard rumors that this chain of discount stores is in fina
    14·2 answers
  • The current market value of the assets of AMN Co. is $47 million, with a standard deviation of 21 percent per year. The firm has
    11·1 answer
  • Elm City​ Market's board of directors made a decision to structure the organization much differently than a bureaucracy. What th
    5·1 answer
  • Suppose that in 2007, Ford sold 500,000 Mustangs at an average price of $18,800 per car; in 2008, 600,000 Mustangs were sold at
    6·1 answer
  • The hospitality and tourism industry grew out of what activity?
    12·1 answer
  • A firm operated at 80% of capacity for the past year, during which fixed costs were $330,000, variable costs were 70% of sales,
    10·1 answer
  • Kluber, Inc. had net income of $911,000 based on variable costing. Beginning and ending inventories were 56,100 units and 54,200
    12·1 answer
  • Gus has applied for a home equity line of credit from his federally insured bank so that he can make some renovations to his kit
    11·1 answer
  • Suppose at an output level of 150 units a firm's average fixed cost is $25 and average variable cost is $50. Then the average to
    7·1 answer
  • At a university faculty meeting, a proposal was made to increase the housing benefits for new faculty to keep pace with the high
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!