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Sonbull [250]
2 years ago
8

A prospective tenant purchased a rental list from a broker and then rented a duplex that the list said included all utilities. T

he tenant discovered that only water was included in the rent and notified the broker within the legislated time limit. The tenant is entitled to
Business
1 answer:
Ronch [10]2 years ago
3 0

Answer:

100% of the fee paid

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he condensed balance sheet and income statement for Marjoram Company are presented below. MARJORAM COMPANY Balance Sheet At Dece
Juliette [100K]

Answer:

current ratio  for MARJORAM  = Current asset / current liabilities

                                                   =  $173,000/ $108,400

                                                    =  1.59

Explanation:

step 1 :calculate the total current asset of the company which is calculated below.

current asset

Cash                         $19,000

Note Receivable         35,000

Account Receivable    48,400

Inventory                    <u>  70,600</u>

Total                         <u> 173,000</u>

Note receivable is included in the current asset because its due date is less than 12 months.

step 2 : divide the current asset by the current liabilites in order to determine the current ratio

7 0
2 years ago
Points out of 1.00 Not flaggedFlag question Question text From the lessee's perspective, in the first year of a lease,
Tasya [4]

Answer:

A) a finance lease will cause debt to increase, compared to an operating lease

Explanation:

3 0
3 years ago
Read 2 more answers
Which event occurs in the large intestine?
OLEGan [10]
The main function of our large intestine is to absorb the water that is present in the insoluble food components we take in and its by-product would be the waste that is excreted from the body as faeces. The large intestine is followed by the anus and is preceded by the small intestine.
7 0
3 years ago
Which of the following is not a broad, cost classification category typically used in activity-based costing? Batch-level. Facil
crimeas [40]

Answer:

Management Level

Explanation:

A cost allocation method is not an activity based costing typically.

Interviews with management that have adequate knowledge and the cost classification are usually done at management level

4 0
2 years ago
Classifying events as asset source, use, or exchange Vera Company experienced the following events during its first year of oper
pav-90 [236]

Answer:

Vera Company

1. Acquired $16,000 cash from the issue of common stock. [ Exchange; Cash balance increases while Owners Equity also increases. The net effect is zero ]

2. Paid $3,500 cash for salary expenses [ Asset Use; because we deplete Cash as an asset to pay for an expense item]

3. Borrowed $10,000 cash from New South Bank. [ Exchange. We got cash (an asset) but created a liability through bank loan, net effect is zero]

4. Paid $6,000 cash to purchase land. [ Exchange; depleted Cash (an Asset) to obtain another Asset (Land) net effect is zero]

5. Provided boarding services for $10,500 cash. [ Asset Source; income is driving up our cash balance (an Asset)]

6. Acquired an additional $1,000 cash from the issue of common stock. [ Exchange; Cash balance increases while Owners Equity also increases. The net effect is zero ]

7. Paid $2,400 cash for utilities expense. [ Asset Use; because we deplete Cash as an asset to pay for an expense item]

8. Paid a $1,500 cash dividend to the stockholders. [ Asset Use; because we deplete Cash as an asset to pay for dividend to shareholders]

9. Provided additional services for $6,000 cash. [ Asset Source; income is driving up our cash balance (an Asset)]

10. Purchased additional land for $2,500 cash. [ Exchange; depleted Cash (an Asset) to obtain another Asset (Land) net effect is zero]

11. The market value of the land was determined to be $24,000 at the end of the accounting period. :[ Asset Source; improvement in fair valuation of Asset]

8 0
3 years ago
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