Upton rented a house from Vincent. Five months after the lease was signed, Vincent died. Is the lease terminated?
No. The death of a landlord does not terminate a lease. Vincent's estate would become the new landlord.
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The cost of capital is defined as the
a. simple average of the interest rates of all debt outstanding. b. simple average of the cost of debt and equity. c. weighted average of the interest rates of all debt outstanding. d. weighted average of the cost of debt and equity.
Which of the following phrases best describes the interpretation of the fixed asset turnover ratio?
A. It measures return on total assets. B. It measures how efficiently sales are generated with a given amount of fixed assets. C. It measures the speed of cash collected on fixed assets. D. It measures how quickly fixed assets are bought and sold.
SQL facilitates the retrieval of a group of records but not individual's records that possess the desired search criteria
Indicate whether the statement is true or false.
________ financing does not require any collateral.
A. Commercial bank loan B. Character loan C. Line of credit D. Equity