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Question - Margaret leased her studio apartment to Myrna for a stipulated rent of P15,000 per month for one year, payable on the first Friday of every month. As a condition for the acceptance of the lease, Myrna demanded that the plumbing be first fixed no later than 30 days, to which Margaret agreed. Meanwhile, the first rent fell due and Margaret demanded payment from Myrna. The latter, however, refused to pay on the ground that Margaret had not yet complied with her obligation to fix the plumbing. Margaret still sued Myrna for eviction.
Required -
a. What is delay? Is Myrna in delay?
b. Under the Civil Code, what are the instances where demand by the creditor is not necessary for delay to exist?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Create a cost-benefit analysis to evaluate the project
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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