Answer:
Are not affected by the defaulting owner’s actions
Explanation:
In this particular question, we are trying to see what becomes of the remaining owners of a condominium if the owner defaults on his mortgage.
To answer this question properly, we need to understand and know what is meant by a Condominium. A condominium generally refers to a a particular building or a building complex with a number of individually owned apartments.
After this definition, we can clearly see that a condominium exists independently of the other owners. This means if you own a Condominium, it practically means you’re responsible for whatever contract that defines your ownership and in no particular way have any business with the other independent owners of other units. This is so because, they have their own guiding laws to deal with. Hence, whatever happens, everyone would be made to give account on whatever part of the properties he own with absolutely no reference to the properties of the other members
<span>To calculate the cost of goods sold we use the following formula:
beginning inventory + the cost of goods purchased or manufactured = cost of goods available ending inventory.
Since there was no beginning balance in inventory account and all goods were sold we can assume that cost of goods = total costs for the period.
Adding up all costs for the period comes to $173,000.</span>
Answer:
b. 8.92%
Explanation:
Calculation for the portfolio expected return
Using this formula
Portfolio expected return = (Stock A allocated fund x Stock A expected return) + (Stock B allocated fund x Stock B expected return)
Let plug in the formula
Portfolio expected return= (54%*8%) + (46%*10%)
Portfolio expected return=0.0432+0.046
Portfolio expected return=0.0892*100
Portfolio expected return =8.92%
Therefore the portfolio expected return will be 8.92%
Answer:
it is not allocatively efficient
Explanation:
Monopoly is a market condition where one seller has all the market share. This leads to an inefficient market structure, an increase in the prices of goods and services and abnormal profits. A problem with adopting a fair return polity for a natural monopoly is that it is not allocatively efficient. In a monopoly, goods and services are not produced to help the economy or people.
Answer:
selling price of this car is $22700
Explanation:
given data
zero interest = 72 months
monthly payment = $350
market interest rate = 3.5% per year = 0.2917 % per month
time = 6 year = 72 months
solution
we get here present value of annuity that is
present value annuity = ( 0.2917 % per month , 72 months )
present value annuity = 64.8568
so here selling price of car is
selling price = monthly payment × present value annuity ............1
selling price = $350 × 64.8568
selling price = $22700
so selling price of this car is $22700
