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stich3 [128]
1 year ago
11

Grace wants to work with clients who are interested in time-shares. What property type will she be dealing with

Business
1 answer:
pychu [463]1 year ago
7 0

To work with clients interested in time-shares, Grace can handle the recreational property.

<h3 /><h3>What is a recreational property?</h3>

Corresponds to a property controlled by a government agency that is intended for leisure and recreation activities, such as parks and ecological reserves, where individuals can make visits for the purpose of entertainment, education or fun, during a vacation, for example.

This type of property is intended for the leisure of the population, and may be charged a fee for maintenance of the area or have free entry.

Another category of recreational property is properties used periodically for leisure purposes, such as houses rented for summer seasons.

Therefore, as Grace is interested in working with clients interested in time-shares, the ideal recreational property for her to work with would be vacation properties, which are shared properties for periodic use at different times.

Find out more about property here:

brainly.com/question/1883618

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Ryan Lock had planned his trip to the Olympic Games in Rio de​ Janeiro, Brazil, for many months. He had ​budgeted-saved-$15 comm
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Answer:

He should have exchanged the dollars for real in January 2016 to maximize his Brazilian spending​. The exchange rate in January will result to highest Real (BRL) of R$<em>59,463.00</em>

Explanation:

To arrive at R$ equivalent of $15,000 on monthly basis, since  BRL=1.00 USD, multiply R$ exchange rate each month by $15,000.

For January,  3.9642*15,000= R$59,463.00

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Solution  

S/N Month      BRL=1.00 USD          BRL Equivalent(R$)

1 January              3.9642              59,463.00

2 February            3.8402               57,603.00

3 March                 3.6086               54,129.00

4 April                    3.6851                55,276.50

5 May                     3.5843               53,764.50

6 June                    3.5493               53,239.50

7 July                      3.2331               48,496.50

8 Aug-08                3.2312               48,468.00

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Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
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Answer:

1. Adjusted net income = Ending inventory higher by amount * (1-Tax rate) = $70,000*(1-34%) = $70,000 * 66% = $46,200

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Beginning retained earnings for the year 2017               $880,000

Add:  Adjusted net income                                               <u>$46,200</u>

Beginning adjusted retained earnings for year 2017  <u>$926,200</u>

2. Tax payable = Inventory * Tax rate = $70,000*34% = $23,800

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