need to charge to lease out all the apartments. The supply curve is at an upward slope‚ As we increased the rental rate‚ the number of apartments supplied increased. If we were to lease out all the 2500 apartments‚ the appropriate rate would be 1550 It has been two years and Good Life now manages 3000 two bedroom apartments and we were able to correctly identify the impact of increased population on the demand for two bedroom apartments on temporary‚ month – to – month lease. We were not able
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Part A: Long-term debt can generally be classified into three different categories: bonds payable‚ notes payable‚ and capital leases. Bonds payable can be secured by collateral‚ such as a mortgage bond‚ or unsecured‚ backed only by a company’s promise to pay. Most bonds carry a stated rate of interest but others are sold at a discount with an implied rate of interest inherent in the discounted sale. Some bonds can be converted into other securities. Other bonds can be called in by the corporation
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marketing‚ stating that Guardian Insurance is willing to purchase the building site‚ construct the building‚ and install all fixtures to Wyndham Store’s specifications for $20 million; which results in a $1 million a year lease payment. Wyndham would be required to pay the first lease payment of $1 million immediately. If the building and building site were purchased by Wyndham Stores‚ the total of the funds that would be used to purchase the building and the building site would be $6 million upfront
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contract as evidence that she owed me 250 dollars. As a result‚ more than likely she would have to pay me back. I also could have taken the information to her landlord because she rented from someone else. I never signed a lease with her landlord or even met him‚ but I did sign a lease with her. The contract in this situation would be the promissory note. The contract purpose would be to ensure that my roommate paid me back. The breech of the contract was when my roommate never paid me back. This contract
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Bus 201 Spring 2009 Final Prof. Isler May 28‚ 2009 The final exam will be given at 8:10 and will end at 10:10. In the True/False section mark "a" for True and "b" for False. In the multiple choice section you should select the best answer. Raw exam scores‚ the exam and exam answers will be posted today by 5:00 PM. The exam is not cumulative. Place only your Student ID Number on your Scantron not your name. Five questions will be deducted if your name or Social Security Number is placed on your
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ACCT5907 INTERNATIONAL FINANCIAL STATEMENT ANALYSIS Mid-semester Test 2 2012 Sem 1 (Solutions to Analysis Questions (section B) and comments) General comments (1) Both the analysis questions were taken from the lecture examples‚ additional exercise‚ workbook exercises and practice test. Students who had worked through these materials were competent in handling the mid-term test. Students who believe that they did not perform as well as they had expected should going through the lecture materials
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Charles Dong LBS Prof Calderon Legal Assignment Two Enforceability of the Pet Clause in the Lease Rafi should have the right to keep Roscoe in his apartment because his landlord cannot enforce the pet clause of the lease based on the given facts. On one hand‚ the bilateral mistake in the contract invalidates the lease‚ and therefore the pet clause is no longer enforceable. Also‚ the doctrine of promissory estoppel can be used to help Rafi not only keep his dog in the apartment but also
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Holt Lunsford Commercial The case study titled “Holt Lunsford Commercial” explains how Holt Lunsford is debating how to grow his Dallas-based commercial real estate services firm and how to advise a long-time client who is wondering whether to lease or buy an industrial warehouse. The case focuses on the highly competitive and increasingly institutionalized $50 billion real estate services industry‚ which encompasses property management‚ leasing‚ tenant representation‚ and other activities. What
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insurance and maintenance. An initial amount of $15‚000 is payable at the inception of the lease. The contract provides for a guaranteed residual at the end of the lease term of $12‚000. The rate of interest implicit in the lease is 12% and the reporting date is 30th June. The machinery will depreciate on a straight line basis and is expected to have an economic useful life of 5 years. At the inception of the lease the machinery had a fair value of
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1. | Question : | (TCO D) Which of the following factors would increase the likelihood that a company would call its outstanding bonds at this time? (a) The yield to maturity on the company’s outstanding bonds increases due to a weakening of the firm’s financial situation. (b) A provision in the bond indenture lowers the call price on specific dates‚ and yesterday was one of those dates. (c) The flotation costs associated with issuing new bonds rise. (d) The firm’s CFO believes that interest
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