Answer:
Student responses will vary, but should include: A young investor has years of earning power and can take greater risks because he/she has time to make-up for losses. An older investor needs more security and current income from their investments because they are using it to retire on or they need it to continually grow so that they can retire.
Explanation:
Answer:
Would you cut back on making repairs and keeping the building in a safe and
livable condition?
No, I would maintain the building as good as posible.
How might you keep the building in good shape and still turn a profit?
the value of the building will increase over time. Then, is a matter of patience to make a profit out of the sell of it.
Is it possible to manage the building or change it to make it both livable and profitable?
yes, What usually happens with rent control properties is that the landlords use the building for commercial or create condos use to avoid the law.
Hourly basis. Salaried employees are paid a flat fee to get the job done.
Answer: True
Explanation: The organizations that are market oriented focus on keeping healthy relationships with their customers and providing them best service for a positive image in the market. The products offered by such organisations are made in such a way that the consumer gets maximum benefit from it and the needs of customers could be satisfied.
Thus, from the above we can conclude that such organisations emphasize on customer satisfaction and needs, therefore, the given statement is true.
Answer:
Thomas capital
Equipment $30,000
Inventory 25,000
Cash <u> 45,000</u>
Total <u> 100,000</u>
Explanation:
Equipment : thebook value is $25,000 while the market value is $30,000. the market value of the equipment will be used.
Inventory : the book value is $50,000 while the market value is $25,000. As a result of obsolescence, the inventory will be value at lower of cost and net realizable value(IAS2). therefore, $25,000 will be recognized for the inventory in the determination of Thomas capital
Cash: there is no changes in cash contributed.
