1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmainna [20.7K]
3 years ago
8

Kevin has taken an apartment on lease for five years with a monthly rental of $3,500. At the end of five years, Kevin will be th

e legal owner of the apartment after an additional payment of $80,000. This type of lease is an example of a(n) _____ lease.
Business
1 answer:
s344n2d4d5 [400]3 years ago
8 0

Answer:

The type of lease on which Kevin has taken apartment is Capital lease.

Explanation:

Capital lease is that type of lease agreement , where the lessor ( one who originally owns the apartment ) has agreed to transfer the ownership rights of his property ( apartment in this case ) to the lessee ( Kevin ) after the end of lease period. Here the lease period is of 5 years where Kevin would have to pay $3,500 every month and at the end of period he has to pay $80,000 as per agreement . Normally this type of agreements are of long term and non cancel able in terms of their nature.

You might be interested in
PA8.
notka56 [123]

Answer:

750

Explanation:

The number of units in finishing department at the end of the month shall be calculated as follows:

Number of units transferred=Starting wip inventory+units received from molding department-number of units at the end of month.

Number of units at the end of month=Starting wip inventory-number of units transferred+units received from molding department

Number of units at the end of month=700-2,150+2,200

                                                             =750

6 0
3 years ago
describe some similarities and differences among broker-dealer networks, alternative trading systems (ats), and registered stock
Troyanec [42]

However, unlike exchanges,  ATS has no members (ATS has "subscribers") and has no regulatory liability. An ATS can trade listed stocks like a stock exchange, but unlike a stock exchange, an ATS can also trade unlisted stocks (also known as OTC stocks) and fixed income securities such as bonds.

The main similarity between broker-dealer networks, alternative trading systems, and registered stock exchanges is that they are all some kind of market for  buying and selling  securities, either stocks or bonds.

What are alternative trading systems(ATS)?

An Alternative Trading System (ATS) is an SEC-regulated electronic trading system that matches orders between buyers and sellers of securities.  ATS is not a domestic stock exchange. However,  ATS can apply to the SEC to become a domestic stock exchange.

What is a registered stock exchange?

A registered stock exchange that has filed and approved a registration statement with the SEC. All major US stock exchanges  are registered with the SEC under the Securities Exchange Act of 1934.

To know more about ATS and Registered stock exchange visit here:

brainly.com/question/17320981

#SPJ4

5 0
1 year ago
Identify two benefits of drawing up a business plan.
VashaNatasha [74]

Answer:

Here are four benefits of a business plan:

You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...

You gain an understanding of your market. ...

You focus your strategies. ...

You can check the financial numbers.

Explanation:

5 0
2 years ago
You want to be a venture capitalist (you have a lot of money to invest in other business that needed money) and recently identif
vfiekz [6]

Answer:

Invest money yourself and start a small venture capital company.

Explanation:

Venture capital is business financing strategy for startups which require high investments but also have high risk. The returns for such business is also high due to the risk exposure. These business have potential to grow beyond expectations. The investments is made by a person in the company to give it rise because of its long term growth potential. The solar power generation have trend that is gaining significance so investing in such a business is intelligent move.

6 0
2 years ago
When putting away pallets of freight into multiple depth drive-in bays, what level of racking should be stocked first, second, a
Solnce55 [7]
The level of racking that should be stocked first would be the top bay, followed by the middle bay, and the last level to be stocked would be the bottom bay. It's simpler to remember, "top, middle, then bottom" when putting away pallets of freight into multiple depth drive-in bays. I hope this helps!
7 0
3 years ago
Other questions:
  • In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a
    5·1 answer
  • Long-term debt on the common-size balance sheet of Solid Rock Construction over the past three years is 30%, 34%, and 40%, respe
    8·2 answers
  • Which of the following is a criticism of the national income and product accounts?
    9·1 answer
  • How is a significant amount of consignment inventory reported in the balance sheet? a)The inventory is reported separately on th
    12·1 answer
  • Business risk is affected by a firm's operations. Which of the following is NOT directly associated with (or does not directly c
    13·2 answers
  • Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t
    8·1 answer
  • Chocorrect, a gourmet chocolate manufacturer, imports the best quality cocoa for its chocolates from the country Jescavia. Howev
    15·1 answer
  • When looking for a job, taking initiative will help your search efforts. true or false?
    15·1 answer
  • Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $45 per unit.
    11·1 answer
  • If a 30 percent decline in the price of gasoline leads to a 15 percent rise in the quantity of gasoline being bought by consumer
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!