Answer: Yes they can.
Explanation:
Friendly Finance can sue Suburban as a Third Party beneficiary.
A Third Party beneficiary is one who is entitled to benefit from a contract made between two other parties.
A third party beneficiary has legal rights and can enforce their rights if certain clauses are met such as the existence of proof that they are indeed the intended beneficiaries.
In the above scenario, Suburban promises to pay Friendly Finance the amount that will be due A-One until A-One’s debt to Friendly Finance is paid and this was put into a contract. This proves that Friendly Finance is an INTENDED THIRD PARTY BENEFICIARY and seeing as A-One has performed as promised, Friendly Finance can take action against Suburban successfully.
Answer:
$1,815,000
Explanation:
First we must determine the gross income = $2,000 x 10 units x 12 months = $240,000
minus the vacancy rate = $240,000 x 5% = $12,000
minus the annual expense = $10,200
net income = $240,000 - $12,000 - $10,200 = $217,800
to calculate the maximum amount that the investor should pay we must divide the net income by the expected rate of return = $217,800 / 12% = $1,815,000
When you are calculating a project's price (buying this asset is an investment project), depreciation and debt service are not included in the calculations.
Answer:
god help you
Explanation:
to long question, sumerize it Please
Answer:
A) unit sales price 288.88
B) unit sales price 260.5
Explanation:
B)
return of 25% in a 1,000,000 investment: 250,000
fixed cost per unit + variable cost + required return
5,000,000/500,000 + 250 + 250,000/500,000 =
10 + 250 + 0.5 = 260.5
A)
10% of sales as return:
fixed cost + variable + 10% of sales = Sales
10 + 250 + 0.1 S = S
260 = 0.9S
260/0.9 = S = 288,88
Answer:
Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet as a liability of $58,800
Explanation:
According to the given data Boze Music's only depreciable asset exceeded its tax basis by $147,000 and there is a rate of 40% thereafter.
Therefore, in order to calculate what amount Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet, we would have to make the following calculation:
deferred tax liabilty= $147,000×40%
deferred tax liabilty=$58,800
Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet as a liability of $58,800