The assessed value of a condominium is usually higher than a similar <u>Cooperative</u> because of outright ownership.
This is because a cooperative's assessed value is often lower than a condominium's because cooperatives are not owned outright.
In a condominium, each unit within a larger complex is sold, as opposed to being rented out. These apartments, townhomes, or even commercial warehouses may have undergone renovation. Contrary to common misconception, the term "condominium" refers to the legal ownership structure rather than the specific sort of unit. Any building with several units has the option to "become condominium," which requires tenants to leave the property or buy their apartments outright. The walls of a condominium are theoretically owned by the people who buy
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Answer: She will give up on the T-shirt and use the money to buy better jeans.
She will buy the T-shirt for $8 and not order juice at lunch.
Explanation:
A trade-off refers to the compromise which is made when an individual decides to take one action and give up on the other.
When Mila buy's the T-shirt for $8 and does not order juice at lunch, she is making a trade-off between buying a t-shirt and ordering a juice at lunch.
Similarly, when Mila decides to give-up on the T-shirt and decides to buy a better jeans she is making a trade-off between
Answer:
Explanation:
In 1985, winner's prize money = $170
in 2007 winner's cheque = $ 1,173,000
percentage increase per year:
170 * ( 1 + r)^n = 1173000
(1+r)^112 = 6900
r = 8.212%
b) If the winner's prize increases at the same rate, amount will it be in 2040
= $170 * (1+8.212%)^145 = $15,863,002
A concept in managerial accounting, responsibility centers are a method of measuring and evaluating the effectiveness of managers tasked with decision making for their business unit. Not all units of a business have the capacity to generate profit, but instead some support vital functions that incur costs for a business for example, the transportation department in a hospital. A cost center is a unit that does not generate revenue. A revenue center has responsibility for generating revenues, and in most cases will be the same as a profit center, as all units have some level of costs. An investment center is usually found at higher levels in an organization where a unit manager has the responsibility of generating returns on investment capital. I hope this might help you !
1. Positive economic growth means that the value of all goods and services produced in the economy increase by an unknown amount
2. growth in the amount of goods and services produced
