A party to a contract has a duty to investigate the other party's factual statements
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following lease conditions would result in a capital lease to the lessee?
a. The lessee will return the property to the lessor at the end of the lease term. b. The lessee can purchase the property for $1 at the end of the lease term. c. The fair market value of the property at the inception of the lease is $18,000; the present value of the minimum lease payments is $15,977. d. The lease term is 70% of the property's economic life.
If cash flow projections include the effect of inflation then the discount rate used should be a ____________________ rate
Fill in the blank(s) with correct word
For most companies, logistics costs typically represent ______.
A. between 10% and 35% of gross sales revenues B. between 10% and 35% of net sales revenues C. between 35% and 45% of gross sales revenues D. between 35% and 45% of net sales revenues
Coriander Company is considering a project with an initial investment of $426,800 in new equipment that will yield annual net cash flows of $80,000, and will be depreciated at $53,350 per year over its eight year life.What is the accounting rate of return?
A) 6.24% B) 18.74% C) 320% D) 31.27% E) 50.0%