Answer:
(A) The nine-month statement should first be annualized.
Explanation:
In accounting when preparing financial statements there is a standard period of financial statements that should be adhered to. The financial statements should be of the same duration. So comparing a nine month financial statement to a twelve month financial statement is against standard accounting practices.
Moreover it will not give a clear picture when comparism is done this way. For example if two companies both have income of about $1,000,000 and financial statements of nine and twelve months are compared. The company with nine months financial statement will show lower income than the one with twelve month statement, and this is not the reality.
So the nine month statement should be annualised to ease comparability.
Hello! The answer to your question would be as followed:
The price of the property would be <u><em>$550,000 dollars.</em></u>
The cap rate is the ratio of Net Operating income to property asset value
Offer different retail options that attract new customers, and international stores that will attract people from outside the market. Provide increased security, entertainment, and amenities to make people feel safe and welcome.
C. at the end of the accounting period
Answer:
Three years from the expiration of the contract
.
Explanation: