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.
Answer:
$55.72
Explanation:
Data provided:
Quarterly dividend paid per share = $2.20
Closing share cost = $57.70 per share
Relevant tax rate = 10%
The dividend per share after the tax deduction
= (100% - 10%) × Quarterly dividend paid per share
= 0.9 × $2.20
= $1.98
Thus, the ex-dividend stock price
= Closing share cost - dividend per share after the tax deduction
= $57.70 - $1.98
= $55.72
Answer: $1531
Explanation:
The corporation's tax basis in the property received in the exchange will be the addition of Tristan's Tax basis and the gain that's recognized on exchange by Tristan.
The gain realized will be:
= $1,570 - $1,255
= $315
Boot received = $276
Therefore, lower of $315 or $276 is $276.
The corporation's tax basis in the property received will then be:
= $1255 + $276
= $1531
Answer:
Option D is correct one.
<u>$12</u>
Explanation:
Consumer surplus is the difference between willingness to pay and market price.
Consumer surplus= (10-5) + (9-5) + (8-5)
= 5+4+3= 12
Answer:
total expenditure would increase
Explanation:
the demand for ground beef is inelastic.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.
As a result of the disease, the supply of ground beef would fall. this would lead to a hike in the price of ground beef. But since demand for ground beef is inelastic, the the fall in demand would be less than the rise in price, so total expenditures would rise.
