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sattari [20]
3 years ago
15

Shen purchased corporate stock for $20,000 on april 10, 2015. on july 14, 2017, when the stock was worth $12,000, shen died and

his son, mijo, inherited the stock. mijo sold the stock for $14,200 on november 12, 2017.
Business
1 answer:
Illusion [34]3 years ago
5 0
Ok. Good for him/her.
You might be interested in
an apartment building that sold for $780,000 had a monthly gross income of $8,000. what is its monthly gross rent multiplier?
notka56 [123]

97.5

$780,000 ÷ $8,000 = 97.5 GRM

GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.

In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.

Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.

A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.

learn more about gross rent: brainly.com/question/14421244

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5 0
1 year ago
Miller Mining, a calendar-year corporation, purchased the rights to a copper mine on July 1, Year 1. Of the total purchase price
Mashcka [7]

Answer:

d. $4,500

Explanation:

The computation of depreciation expense on the new equipment is shown below:-

For computing the depreciation expense on the new equipment first we need to find out the Depreciation per annum which is here below:-

Depreciation per annum = (Cost - Residual value) ÷ Life

= ($76,000 - $4,000) ÷ 8

= $72,000 ÷ 8

= $9,000

Depreciation for 1 year calendar (July 1 to Dec 31) = Depreciation per annum × 6 months ÷ Total number of months in a year

= $9,000 × 6 ÷ 12

= $4,500

So, the depreciation expenses for the year end up-to 31st Dec is $4,500

8 0
3 years ago
List and explain ten factors to consider in preparing family income​
aniked [119]

<em>Answer:</em>

<em>1. Availability of Money:</em>

<em>The expenditure of a family depends upon the availability of money or total income of the family. It can afford to spend under various needs. In lower income group, families expenditure is more on food. Higher income group families spend more on recreation, education and luxuries etc.</em>

<em>2. The size and the composition of the family:</em>

<em>Expenditure depends upon the size and composition of the family. The size of the family means the number of adults and children. The more the mouths to eat the expenditure is more on food, clothing and shelter. With the growth of children, more will be spent on education and clothing. More will be spent towards transportation when the members go out of the house for work or study.</em>

<em>Composition of the family means the number of adults and children in the family. It also includes the number of males, females and old persons. For old persons, extra expenditure will be incurred towards health and medical expenses.</em>

<em>3. Stages of family life cycle:</em>

<em>Family life cycle plays an important role in spending money. At the beginning stage, most part of the family income is spent towards the establishment expenditure as a newly married couple starts their family life. In the expanding stage families need money for the children, their food, dress, education etc. Some families in the expanding stage spend more on purchasing durable household goods, furniture etc. In the contracting stage major expenditure is on wedding celebration of their children. During this stage, the family income is gradually reduced. So the expenditure should be cut short.</em>

<em>4. Occupation of the family members:</em>

<em>Sometimes expenditure of the family depends upon the occupation of the family members. In certain jobs, there are special benefits like free quarters, educational facilities for children, health and medical allowance, travelling allowance etc.</em>

<em>5. The needs and objectives of the family:</em>

<em>Expenditure will be done according to the needs and objectives of the family. For example, a family where young children are there, more will be spent for nutritious foods. Old people require health and medical expenses. Working women spend money for the servants as they do not find time to do the household work.</em>

<em>6. Resources:</em>

<em>Both human and material resources can make significant changes in the pattern of expenditure of a family. The abilities, skill, knowledge, interest, attitude and habits of the members of the family can be utilized for various purposes as supplementary income.</em>

<em>7. Locality of the family:</em>

<em>In rural areas more will be spent on food. But in urban areas the expenditure is more on education, recreation, transportation, accommodation etc.</em>

<em>8. Socio-economic status of the family:</em>

<em>The socio-economic status of the family is determined by its income, education level and occupation of the members. The higher the socio-economic status the expenditure will be more on interior decoration, higher education, club membership, accommodation, recreation etc. The total expenditure depends on the standard of living the family maintains.</em>

<em>9. Social and religious traditions:</em>

<em>Some families accept old and traditional values. So they spend more on marriages and religious festival.</em>

<em>10. Personal choice:</em>

<em>Expenditure depends upon the personal choice. For example, one person may have a liking for expensive perfumes and jewellery while another may have simple tastes. Expenditure is also affected by the measures taken in the family to make provision for the future like house building, higher education of children etc. The home-maker will be able to manage with her income by cutting out unnecessary and extravagant expenditure. “One must cut one’s coat according to his cloth.”</em>

<em />

<em>This saying is rightly proved in home management. Balancing of income and expenditure is the best way of money management. Whatever the income may be, the efficient management of money is a requisite for a happy, successful and peaceful family life.</em>

8 0
2 years ago
Your assistant wants to use secondary data exclusively for the current marketing research project. You advise him that the use o
Rudik [331]

Answer:

D) It is generally more expensive to obtain than primary data.

Explanation:

A) It may not exist.

Problem. Primary data may not yet be available due to its sensitivity of the primary data.

B) It may not be relevant

Problem. Published data may not be applicable to your region. For example published data for Asia might not be applicable to Africa.

C) It may not be impartial.

Problem. Primary data used to create the secondary data might not treated all rivals equally.

D) It is generally more expensive to obtain than primary data.

Not a problem. Secondary data is not expensive as compared to primary data.

E) It may not be current.

Problem. Primary data collected might be out of date thus can not be used recent decisions as many things would have changed.

7 0
3 years ago
Which of the following statements is(are) true? I. Many firm experience a life cycle characterized by non-constant growth. II. F
Genrish500 [490]

Answer: both I and II are TRUE

Explanation:

Many firm experience a life cycle characterized by non-constant growth. And For non-constant growth firms, stock price is not equal to the present value of all future dividend payments.

7 0
3 years ago
Read 2 more answers
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