accounting73
accounting73
29.08.2021 • 
Mathematics

XYZ Ltd. wants to lease out an asset costing Rs. 2,50,000 for four year period. It has a fixed rental of Rs. 80,000 per annum payable annually starting from the end of first year. If money can be invested by the company at 14% p.a.C.I., is this agreement favourable to the company? (a) favourable (b) not favourable (c) cannot say (d) none of these​

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