Answer:
C. Debt Service Fund.
Explanation:
Dept service funds can be described as monies or reserves which are been used to pay for capitals, interest and certain dept that have accrued by the company and it can cover for any other form of dept owed by the company.
It's existence is put in place to reduce the risk of a debt security for future investors. This can be paid out monthly mid-monthly, quarterly or possibly yearly.
This why the tax on general obligation bonds that has been put upon Downtown city to finance the hall has it receipts in place at the dept service fund office.
Franchising is the practice of paying a company to use its name, resources and operation systems.
I think it’s Alex since he has the lowest salary so it’d be harder for him to pay the tax
Property is something that is owned or that you have legal ownership of whereas a financial claim is an agreement between two parties that specifies the terms of the obligation or agreement.
Explanation
The relationship would likely be in terms of loans, property liens and credit. For example, purchasing a home or a car or even something as simple as a watch or article of clothing.
Answer:
2.38%
Explanation:
In January 2017 the average house price in an area was $279,400
In January 2002 the average house price was $196,300
Therefore the annual increase in selling price can be calculated as follows
t = 15
= ($279,400/$196,300)^1/15 -1
= 1.42333^0.06666 -1
= 1.02378 -1
= 0.02378 ×100
= 2.38%
Hence the annual increase in selling price is 2.38%