Answer:
Time-Share Estate
Explanation:
Definition:
A time-share estate is an illustration of a concept also known as fractional ownership. It is a structure that allows individuals to purchase the right of occupancy of a unit of real estate for a specific period.
Of course, a good example of why buyers will choose this type of real estate purchase is to get the use of a unit of housing that is not always in use all year round. For instance, time-sharing is popular with resorts, vacation homes and even with recreational vehicles.
It is important to know also that the time-sharing industry is mostly available within the United States and it is a multi-billion dollar industry, meaning the time-sharing concept is popular in the United States.
Different Types
Fixed Weeks or Floating Weeks Option - as the names suggest, owners are either allowed to pre-determine the specific period of the year and the number of weeks to make use of the estate or choose the floating weeks which leaves the occupant the choice to choose weeks within a given period say January-March, September-November etc.
Answer:
Carey should accept buyer A's offer
Explanation:
we need to compare the present values of both proposals:
Present value of proposal A = $480,000
Present value of proposal B:
present value of annuity in 5 years = $75,000 x 9.1285 (PVIFA, 9%, 20 periods) = $684,637.50
present value (today) = $684,637.50 / (1 + 9%)⁵ = $444,967.40
The journal entry for the provided transaction is recorded by debiting the office supplies and crediting the cash with equal amounts of $870.
<h3>What is a journal entry?</h3>
A journal entry is an entry passed in the book of the journal to record the financial transactions of a company.
The journal entry is recorded as follows:
Date Particulars Debit Credit
Jan 12 Office supplies 870
Cash 870
(To record the purchase of office supplies in cash)
The complete question should be as follows:
On January 12, JumpStart purchased $870 in office supplies. (a) Journalize the transaction as if JumpStart paid cash.
Therefore, the journal entry is described and recorded as above.
Learn more about the journal entry in the related link:
brainly.com/question/14985188
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Answer:
The lack of education and the lack of birth control.
Explanation:
1. The lack of education: The lack of education for girls is the primary reason of exceeding the population growth rate in developing countries than in developed countries. The more the educative a woman, the more the conscious that woman. Developing nations cannot afford to provide full education for their population. Moreover, many parents have the reluctance regarding the girl education that make the scenario difficult. Education promotes to a better lifestyle which encourages people to have fewer children.
2. The lack of birth control occurs due to the early marriage in developing nations. The educated people of developed nations control the birth rate as they have the knowledge of un-controlling birth rate can create problems such as food, cloths, and living places. From the discussion, it is clear that developed nations have the common sense to control the population. UN estimated that the combined population some countries is likely to be reach 1.7 billion in 2050 from 850 million.
Answer: should be reported at $70,000.
Explanation:
Gross profit is the profit that is made by a business after the costs that are used during production has been deducted from the revenue gotten from sales. Therefore, the gross profit will be:
Sales revenue = $200,000
Less: cost of goods sold = $130,000
Gross profit = $200,000 - $130,000 = $70,000
Therefore, the gross profit should be reported at $70,000
