a of vent 149 A contractor has construction machinery that he wants to rent to another contractor for a period of one year as the costs of operation and maintenance are on the lessee which is estimated at a percentage of the cost so if the details of the mechanism and maintenance costs are as in the following tables Purchase price (million dinars) book value at the end of the use ful life million dinars.) calculated by the fixed Percentage method use ful life (year) 12 rent for one year Starting from the end of the Year The contractor wonts a profit at a percentage of the rental amount 1211 The tax interest rate % 12 on the lessor is a percentage of the revenue 124 Machine Productivity per year (tons) 124 on the Lessor with a Percentage of hthe rental cost of the % 32 find the following 11- find the minimum amount of rent Paid by the Lessee (using the cash back method) 11 2- How much does one ton cost to the lessee a of vent 149 A contractor has construction machinery that he wants to rent to another contractor for a period of one year as the costs of operation and maintenance are on the lessee which is estimated at a percentage of the cost so if the details of the mechanism and maintenance costs are as in the following tables Purchase price (million dinars) book value at the end of the use ful life million dinars.) calculated by the fixed Percentage method use ful life (year) 12 rent for one year Starting from the end of the Year The contractor wonts a profit at a percentage of the rental amount 1211 The tax interest rate % 12 on the lessor is a percentage of the revenue 124 Machine Productivity per year (tons) 124 on the Lessor with a Percentage of hthe rental cost of the % 32 find the following 11- find the minimum amount of rent Paid by the Lessee (using the cash back method) 11 2- How much does one ton cost to the lessee