Answer:
A debit of $7.6 million to a loss account
Explanation:
Step 1. Given information.
- Carrying value is 21.4 million
- Market value when retired is 29 million.
Step 2. Formulas needed to solve the exercise.
Gain(Loss) = Carrying value - Market value when retired
Step 3. Calculation.
= 21.4 million - 29 million
= 7.6 million
Step 4. Solution.
A debit of $7.6 million to a loss account
Answer: Effective gross income
Explanation:
The income after vacancy, collection losses has been deducted and adding income from other sources that is available is added to pay expenses ia called the effective gross income.
Effective gross income can be calculated when the potential gross rental income is added with income and then the vacancy and the credit costs of a rental property is subtracted.
The effective gross income is important as it helps in determining the rental property value and also the true positive cash flow that can be produced.
The answer is C. Direct costs.
Hope this helps
The options were
a. cooperative outsourcing.
b. partnership.
c. leveraged buyout.
d. franchise.
Answer is D. franchise
A franchise is the right to use a specific business's name and sell its products or services in a given territory.Like opening a McDonalds in your neighbourhood. A franchisee would be running a business that already has an established product or service
... the price index that will rise the fastest is; the CPI.
<em>Hope that is the question and that I have answered it. :)</em>