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SashulF [63]
3 years ago
7

Homeowner's fees on condominiums do not include funds to pay:

Business
1 answer:
Viktor [21]3 years ago
5 0

Answer:B

Explanation: Condominiums are fees paid by homeowners for the maintenance of common areas in their communities.

It does not include payment of mortgages on the property but its like a reserve account maintained by the communities appointed offerciers to maintain all common areas such as swimming pools, play ground etc.

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Corporation A and Corporation Z go into partnership to develop, produce, and market a new product. The two corporations contribu
sasho [114]

Answer:

You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.

Explanation:

a. Corporation A realized a $4.000 loss, and Corporation Z realized a $68.000 gain on the contribution of business equipment to AZ partnership. Neither corporation recognizes gain or loss.

b. A's basis in it's one-half equity interest in AZ Partnership is $134.000, while Z's basis in it's one-half equity in AZ partnership is $62.000.

c. AZ partnership's basis in the equipment contributed by A is $34.000 and in the equipment contributed by B is $12.000.

6 0
4 years ago
Bhat and Cho do business as Data Security, a partnership. In most states, for the purposes of collecting judgments and having ac
AnnZ [28]

The fact that the business that Bhat and Cho do as Data Security, means that for the purpose of collecting judgements and having accounting performed, most states would treat the firm as an <u>independent entity.</u>

<h3>What is an independent entity?</h3><h3 />

An independent entity is one that does not get counted along with the assets of its owners or partners. In other words, it is independent of the affairs of its owners and is treated as having its own identity.

In this case, the Data Security partnership that Bhat and Cho have will be treated as a separate entity from them which makes it an independent entity.

This is purely for the purpose of collecting judgement and having proper accounting records kept. And even at that, not all states in the United States will require this.

In conclusion, this is an independent entity.

Find out more types of entities at brainly.com/question/9993254

#SPJ1

4 0
2 years ago
The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs
horsena [70]

Answer:

At 12 cases the stein beer should reordered by him.

Explanation:

The reorder level is that level in which the company setup a new manufacturing unit so that they can fulfill the needs of the customers and attains the customer satisfaction as much as they can.

For computing the reorder level of the stein beer, the computation is shown below:

Reorder level = Daily unit sales ×elivery lead time

                       = 4 × 3 d

                       = 12 cases

The other cost like ordering cost, carrying cost or holding cost, per unit cost is irrelevant while computing the reorder point. Therefore, it is not considered in computation part.

Thus, the reorder level is 12 cases

Hence, at 12 cases the stein beer should reordered by him.

5 0
3 years ago
According to the International Fisher Effect, if an investor purchases a five-year U.S. bond that has an 20)_____ annual interes
Sidana [21]

Answer:

British pound: appreciate

Explanation:

International Fisher Theory is an economic theory which establishes a relationship between two country’s exchange and nominal interest rates of their currency.

It states that the expected inconsistency between the exchange rate of two currencies is approximately equal to the difference between their countries' nominal interest rates.

If an investor purchases a five-year U.S. bond that has an annual interest rate of 6% rather than a comparable British bond that has an annual interest rate of 4%, then the investor, at a minimum, must be expecting the British pound to appreciate at a rate less than 2% per year.

The reasoning behind it is that a country with a higher interest rate will also very likely to have a higher inflation rate.

8 0
4 years ago
A potential loan customer wants to borrow $4 million to purchase and manage a strip mall with a pizza restaurant, crafts store,
Lena [83]

Answer:

The loan officer takes the following steps (not necessarily in this order) to assess the creditworthiness of the borrower:

- Run a credit report using any of the major credit reporting agencies like TransUnion, Experian or Equifax.

- Obtain accounts receivable aging reports.

- Check references.

- Conduct a gut check using creative investigative methods.

Explanation:

There are some factors that can affect creditworthiness or credit score such as: bill payment history, which comprises 35 percent of the total credit score and the most important factor in calculating credit scores, the level of debt, credit history age, types of credit on a report and number of credit inquiries, credit utilization, length of credit history. There are five “C's” to consider during a credit risk assessment: character, capacity, capital, condition, and collateral. Whether a sale is a domestic or international transaction.

The main factor lenders consider in determining a person's creditworthiness is investigation of a person's income, current debts, personal life, and past history of borrowing and repaying debts, capacity to pay, character, and any collateral you may have for loan guaranteed only by a promise to repay.

3 0
3 years ago
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