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CSUN Crimson Research Gate Redhawks Manufacturing Company Market Demands Case Study

 

Required:

1. Do you agree with Crimson’s conclusion that the lease term for the cargo vessel is one year because the revenue contract is for one year?

2. What factors should Crimson consider in supporting its conclusion related to the lease term?

3. Should Crimson reassess the lease term of the cargo vessel? If so, why?