Answer: Triple net lease or NNN lease or net-net-net lease
Explanation:
Single Net Lease also called net lease or N lease: This is a type of lease in which the tenant pays for tax in addition to the payment of rent of occupancy which makes the landlord responsible for other expenses such as insurance and utilities.
Double Net Lease or net-net lease or NN lease: The tenant pays for tax and insurance expenses in addition to the rent of occupancy. The landlord is responsible for the other expenses.
Triple Net Leases or net-net-net lease or NNN lease: This is a type of lease in which the tenant pays forthe rent of occupancy and other expenses such as tax, insurance, utilities and repairs which leaves the landlord to charge lower rent.
The triple net Lease answers your question
Answer:
option (D) $138,000
Explanation:
Data provided in the question:
Purchasing cost of the machine = $126,000
Additional costs for this machine :
Shipping = $3,000
Installation = $4,000
Testing = $5,000
Now,
The cost of machine that should be reported
= Purchasing cost + Additional costs incurred
= $126,000 + $3,000 + $4,000 + $5,000
= $138,000
Hence,
The correct answer is option (D) $138,000
Answer:
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Answer:
Correct option is C
Explanation:
Total E&P = $ 160000
Total voting Right Sold = 50/ (100+100) = 25%
Reduction of E& P due to exchange = Total E&P*Total voting Right Sold
Reduction of E& P due to exchange = 160000*25%
Reduction of E& P due to exchange = 40000
Reduction of E& P Lower of Total E&P*Total voting Right Sold or Amount realised
Reduction of E& P Lower of 40000 or (50*1000)
Reduction of E& P Lower of 40000 or 50000
Answer
C. A reduction of $40,000 in E&P because of the exchange.
Answer:
economic responsibility.
Explanation:
Layton has decided to donate a portion if his business Music Box earning's to a charity every year. His action of making donation decision is of economic responsibility. The decision is made to help out community in a good faith and is considered as social responsibility as Layton does not have any legal responsibility to make charity but still he decides to serve the society through his business earnings.