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dusya [7]
3 years ago
9

The real estate financing instrument which transfers equitable title to real property, but retains legal title in the seller, is

called:
Business
1 answer:
natita [175]3 years ago
7 0

Answer:

Operating Leasing

Explanation:

Legal title is retained by the seller, buyer enjoys equitable title (during the lease contract duration) of the property (e. g. using land, leased buildings or machinery for the business needs),

You might be interested in
The pair of items that is likely to have the largest positive cross-price elasticity of demand is:
mash [69]

Coffee and tea are predicted to have the highest positive cross-price elasticity of demand among all the products.

If the price of one good rises while the demand for the other good increases, then the cross price elasticity is positive. When using alternative products, this is feasible. The only alternatives are coffee and tea.

Cross-price elasticity quantifies how sensitive a product's demand is to a change in the price of the related product. Many products on the market have relationships with one another. This could imply that a product's price change could have a positive or negative impact on the demand for another product.

When it comes to substitutes, a rise in price of one substitute drives up demand for the alternative product. Because they always want to maximize utility, consumers frequently do this products. The perceived satisfaction increases with decreasing expenditure.

Learn more about cross-price elasticity here

brainly.com/question/14469117

#SPJ4

6 0
1 year ago
At the beginning of the recent period, there were 1,230 units of product in a department, 35% completed. These units were finish
Mashutka [201]

Answer:

7,640 units

Explanation:

Calculation for what the equivalent units produced by the department were Using the weighted average method

First step is to calculate the units Completed & transferred out

Completed & transferred out =6,100+1,230

Completed & transferred out=7,330

Second step is to calculate the EGIP

EGIP= (1,240*25%)

EGIP=310

Now let calculate the equivalent units produced by the department

Equivalent units produced=7,330+310

Equivalent units produced=7,640 units

Therefore Using the weighted average method, the equivalent units produced by the department were:7,640 units

4 0
3 years ago
During its first year of operations, Novak Corp. Had these transactions pertaining to its common stock. Jan. 10 Issued 26,000 sh
bonufazy [111]

The journal entries to record the common stock transactions under the two scenarios are as follows:

a) Assuming that the common stock has a par value of $4 per share:

Jan. 10 Debit Cash $104,000

Common Stock $104,000

July 1 Debit Cash $495,000

Common Stock $220,000

Additional Paid-in Capital $275,000

b) Assuming that the common stock is no-par with a stated value of $3 per share

Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

<h3>What is the difference between par value and stated value?</h3>

There is <u>no major difference</u> between the par value and the stated value of the common stock, except as follows.

While the stated value is assigned when there is no par value for accounting purposes, the par value is assigned when the shares are authorized for issuance.

The two function as the face value of the shares which can be compared to the market value to discover if there is additional paid-in capital or not.

<h3>Data and Calculations:</h3>

a) Jan. 10 Cash $104,000 Common Stock $104,000

July 1 Cash $495,000 Common Stock $220,000 Additional Paid-in Capital $275,000

b) Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

Learn more about recording stock issuance transactions at brainly.com/question/17201601

7 0
2 years ago
"A registered representative has a long-term client who works in a bank. The representative tells the client that he wants to bu
nirvana33 [79]

Answer:

None

Explanation:

Before a bank decides on which interest rate placed on loans given to customers, it will have to be a general agreement between the board of directors in an Annual General Meeting (A.G.M). Or else stated otherwise which is quite rare, interest rates on loans and mortgages are based on a simultaneous agreement. When an interest rate is to be decided for a certain customer, his or her credit scores are evaluated to ascertain the loanee's ability to pay back the loan. When a loanee's credit scores are low, he or she tends to receive a high interest rate on loans and mortgages while when a loanee's credit scores are high, he or she tends to receive a low interest rate on loans and mortgages.

On the case of the client who works in a bank granting the registered representative a mortgage with lower interest rates, this cannot be possible because: first, the client's position in the bank was not clarified and secondly, the registered representative's credit scores will be the evaluation report used by the bank to grant that.

7 0
3 years ago
Standlar Company makes wireless speakers. The standard model price is $360 and variable expenses are $210. The deluxe model pric
bija089 [108]

Answer:

The overall Sales revenue at break even is $515995.872

Explanation:

The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.

The formula for composite or overall break even in dollars is,

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.

The total sales mix is = 8 + 4 + 1  = 13

Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13  +  

((500 - 300) / 500) * 4/13  +  ((1600 - 600) / 1600) * 1/13     =   0.5814 or 58.14%

Break even in dollars = 300000  /  0.5814  

Break even in dollars = $515995.872

If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio

3 0
3 years ago
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