Answer:
$46,000
Explanation:
We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .
DATA
Fair value = 588,000
Cost = 542,000
Revaluation gain = Current fair value - Cost
Revaluation gain = 588,000 - 542,000
Revaluation gain = $46,000
The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.
Answer:
4) Triple net lease
Explanation:
In a triple net lease (NNN lease), the tenant is responsible for all the expenses related to the leased property including property taxes, maintenance fees, reparations and property insurance. NNN leases are usually commercial leases only.
The landlord's disadvantage with a NNN lease is that the monthly lease payment tends to be lower since the tenant assumes all the costs related to the leased property. On the other hand, a NNN lease generally provides a stable cash flow, so its associated risk is lower.
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1. Pay yourself first
2. Savings account
3. Trade off
4. Interest
5. Interest Rate
6. Money market
7. Net income
8. Financial Goal
9. Depository Institution
10. Payroll deduction
The hedonic treadmill is the tendency for people to return to a stable level of happiness after major positive or negative events in their life.
Answer: The correct answer is <u>True. </u>
Explanation:
Bench marking in the hotel industry is when the hotel operates by using the line to line analysis. They compare metrics for other similar hotels. The hotels will run for the most profitability and maximize their revenue. The hotels will be optimizing costs to get the biggest profit.
By using the bench marking technique they use their knowledge to improve all members performance. There are several companies that a hotel can use to get more out of bench marking.
