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Mandarinka [93]
2 years ago
5

Sanjeev leases a house from Clara, and the lease has an option contract attached that permits Sanjeev to buy the house if he cho

oses to exercise the option within three years. How large does the option fee need to be in order to be legally binding
Business
1 answer:
Aleksandr-060686 [28]2 years ago
8 0

The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.

<h3>What is a lease agreement?</h3>

A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.

However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.

In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.

Read more about lease agreement

<em>brainly.com/question/24460932</em>

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3 years ago
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The callable feature of a bond protects the issuer when market interest rates are falling.
Lelechka [254]

The answer isss "true"

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Delta Manufacturing has budgeted the following unit sales: 2019 Units April 25,000 May 40,000 June 60,000 July 45,000 Of the uni
Greeley [361]

Answer:

The budgeted sales for coastal division for second quarter 2019 is $750,000

The budgeted sales for central division for second quarter 2019 is $900,000

Explanation:

Coastal division sales budget for the second quarter 2019

Months         Quantity sold                            price              total revenue

April            25,000*40%=10,000                  $15                  $150,000

May             40,000*40%=16000                    $15                  $240,000

June            60,000*40%=24000                   $15                  $360,000

Total coastal division budgeted sales for second quarter    $750,000

Central division sales budget for the second quarter 2019

Months         Quantity sold                            price              total revenue

April            25,000*60%=15,000                     $12                  $180,000

May             40,000*60%=24,000                    $12                  $288,000

June            60,000*60%=36,000                    $12                  $432,000

Total coastal division budgeted sales for second quarter    $900,000

8 0
3 years ago
Read 2 more answers
Your portfolio has a beta of 1.75. The portfolio consists of 17 percent U.S. Treasury bills, 31 percent Stock A, and 52 percent
earnstyle [38]

Answer: 2.77

Explanation:

Portfolio Beta is the Weighted Average Beta of all the individual stocks in a portfolio.

Seeing as the other betas and proportions are given, we can plug this into a formula to find out the beta of stock B.

In case you do not see a beta for the U.S. Treasury bills that's fine because beta is a measure of risk and U.S. Treasury bills have NONE so that means that their better is 0.

And if you are wondering what the beta of stock A is, the answer is 1 because that is the beta of the overall market by definition.

Creating a formula therefore we have,

1.75 = 0.17(0) + 0.31(1) + 0.52x

0.52x = 1.75 - 0.31

0.52x = 1.44

x = 2.76923076923

x = 2.77 (2dp)

2.77 is the beta of Stock B.

5 0
3 years ago
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DASH Airlines is considering the addition of a flight from Red Cloud to David City. The total cost of the flight would be $1,100
Talja [164]

Answer: add this flight because marginal revenue exceeds marginal costs.

Explanation:

Since the total cost of the flight would be $1,100, of which $800 are fixed costs already incurred, then the variable cost in this case will be )$1100 - $800) = $300.

Since the expected revenues from the flight are $600, thus implies that the total revenue exceeds total variable cost and therefore Dash should add the flight because total revenue is more than total variable cost and the marginal revenue exceeds marginal costs.

7 0
3 years ago
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