Under a finance lease, the lessee can stop performing and making lease payments if the leased equipment turns out to be defective
Indicate whether the statement is true or false
F
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Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $26,900. The South Division's divisional segment margin is $42,800 and the West Division's divisional segment margin is $29,900. What is the amount of the common fixed expense not traceable to the individual divisions?
A. $69,700 B. $72,700 C. $45,800 D. $56,800
Assimilators use abstract conceptualization and reflective observation. They are good at inductive reasoning, creating theoretical models, and combining disparate observations into an integrated explanation.
Answer the following statement true (T) or false (F)
The selection of a proper marketable-securities mix involves evaluation of certain criteria. What are these
criteria and why are they important? What will be an ideal response?
Charles Haydon leased an apartment at the 445/86 building. The lease provided that the apartment could not be used "other than as a private dwelling for the Lessee and Lessee's wife, their children, grandchildren, parents, grandparents, brothers and sisters and domestic employees." Mr. Haydon never lived in the apartment but had his mother-in-law move in and pay rent to him. The apartment
building prohibited sublets of apartments. The landlord filed suit to end Mr. Haydon's lease. Which of the following is correct? A) The landlord cannot prohibit sublets. B) The landlord does not have the authority to control who lives in the apartment. C) The landlord can develop rules on occupation and subletting and enforce them. D) A tenant must always live in the leased premises for the lease to be enforceable.