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3 years ago

Who is responsible for maintaining property records and issuing marriage licenses?

Business

1 answer:

Irina-Kira [14]3 years ago

6 0

Answer:

B. county clerk is the correct answer.

Explanation:

County clerk is responsible for maintaining property records and issuing marriage licenses.

A County Clerk responsible for maintaining records and filing birth certificates, notary bonds, death and marriage certificates of a country's population.

The County Clerk maintains documents of all regulatory body transactions, statutes and resolutions.

County Clerk Responsibilities is to scan the documents, helping with telephone queries, making election administration assignments, obtaining election data, creating and managing files, and preparing and filing different documents.

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When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by?

schepotkina [342]

When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

<h3>What is Net operating income?</h3>

Net income in business and accounting is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period..

Net Operating Income, or NOI for short, exists a formula those in real estate use to quickly calculate the profitability of a particular investment. After deducting essential operational costs, NOI calculates the revenue and profitability of investment real estate property.

By deducting all annual expenses from income, the NOI formula determines how profitable a potential investment property is over the course of a single year.

After all costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses.

Net income, on the other hand, represents the profit remaining after all costs incurred in the period have been subtracted from revenue generated from sales.

Hence, When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

To learn more about Net operating income refer to:

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4 0

2 years ago

Your firm invested $2,500,000 in 190-day commercial paper today. At the end of the investment period (in 190 days) the firm will

Elena L [17]

Answer:

3.70%

Explanation:

Data given in the question

Invested amount = $2,500,000

Received amount = $2,592,400

Number of days of commercial paper = 190

So, the holding period rate of return is

= (Received amount - invested amount) ÷ (Invested amount)

= ($2,592,400 - $2,500,000) ÷ ($2,500,000)

= ($92,400) ÷ ($2,500,000)

= 3.70%

It could be expressed in percentage only

3 0

4 years ago

Assume the facts in part (a) except the adjusted basis of Rodriquez's original parcel of land is $65,000 and the fair market val

Masja [62]

Answer:

A 1031 Exchange allows a taxpayer like Rodriguez to temporarily differ any capital gains when they sell a property and immediately purchase another property using the proceeds from the sale. In the first part of the question, Rodriguez sold a property that had a basis of $57,000 for $65,000, and immediately but another property worth $65,000. That means that he doesn't need to immediately pay any taxes for the $8,000 gain.

But if the situation is the opposite. Instead of making a gain, Rodriguez lost money, then he should immediately record the $8,000 loss in order to lower his taxes. The less taxes you pay, the better. The whole idea of the 1031 Exchange is to defer taxes that you owe, not to defer losses that will lower your taxes.

7 0

3 years ago

On June 1, Skysong, Inc. issues 2,700 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of

faust18 [17]

Answer:

June 1

DR Cash <u>$16,200</u>

CR Common Stock <u>$16,200</u>

<em>(To record issuance of Common Stock)</em>

<u>Workings</u>

Cash

= 2,700 shares * $6 price

= $16,200

8 0

4 years ago

If a country is maintaining a healthy amount of growth, which of the following accurately describes the behavior of real GDP ove

algol13

GDP measures the value of all the final products and services in terms of money. Option C) explains the behavior of GDP.

Gross domestic product (GDP) measures the value of all the final products and services in terms of money, produced by countries over a given time period usually a year.

The behavior of real GDP over time changes but follows a downward sloping trend line if a country is sustaining a healthy rate of growth.

Therefore option C) describe the behavior of GDP.

Learn more about GDP here:

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5 0

3 years ago

Read 2 more answers