Answer:
c. a resort condominium project in which owners enter their units in a common rental pool to enhance their income
Explanation:
As provided, the company here aggregates funds to acquire property and then earn rental income. The company can be a combination of many individuals or firms or any other form. But since it is earning an assured income in the form of rentals, it can be categorized as security.
Accordingly if it is a security, the security laws will be applicable on them.
Option a and b do not provide so, as they do not form a security, as in case a there is no definite income attached. In case b there are losses also attached, as it is for residential and retail in the same volume, making it loose its commercial substance.
The three approaches to management which are considered to be historical perspectives are:
1. The classical view point: this emphasize finding ways to manage work more efficiently.
2. The behavioral view point: emphasize the need to understand human behavior and to encourage employees toward achieving the company's goals.
3. The quantitative view point: this emphasizes the application of quantitative measures to management.<span />
Your money will double in approximately 11 years and quadruple in approximately 22.
Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).
Answer:
variable cost per unit 150 dollars
Explanation:
As we aren't provided with a volume. We calculate considering variable costying system which onyl count variable cost as cost of goods manufactured:
raw material $ 75 per unit
labor 5 hours x 14 per hour = $ 70 per unit
variable ovehread $ 5 per unit
Variable cost per unit $ 150 per unit
the fixed overhead cost
5,110 + 3,730 + 1,550 + 6,600 + 8,760 = 25,750
will be considered cost of the period under variable costing
Answer:
the LIFO inventory value at 2014 year end is $1.3 billion
Explanation:
The calculation of the LIFO inventory value at 2014 year end is as follows
LIFO inventory value at year-end 2014 is
= FIFO inventory - LIFO reserve
= $2.1 billion - $0.8 billion
= $1.3 billion
Therefore, the LIFO inventory value at 2014 year end is $1.3 billion
The same is to be calculated by applying the given formula