The amounts collected by the lender and held in a trust or impound account for future payment are called Reserves.
Reserves are earnings that have been appropriated or set apart, for use for a selected cause in addition down the road. A few examples of specific reserves include capital redemption reserves, contingency reserves, debenture redemption reserves, and dividend equalization reserves. each of these reserves has a particular purpose, but, if important, specific reserves can every so often be used for bills that are not their meant functions.
Reserves may be funded by way of annual working surpluses, or thru a funding plan. These price ranges are considered to be "savings bills" so no fees can be charged without delay to them; the simplest transfer object codes must be utilized to reserve money owed.
A lender is a man or woman, a set (public or non-public), or an economic institution that makes finances available to a person or business with the expectation that the price range could be repaid. Compensation will include the charge of any hobby or costs.
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Answer:
Option (d) is correct.
Explanation:
Given that,
Direct materials = $44,200
Direct labor = $31,800
Manufacturing overhead = $25,200
Selling expenses = $22,100
Administrative expenses = $37,100
Conversion cost:
= Direct labor + Manufacturing overhead
= $31,800 +$25,200
= $57,000
Therefore, the conversion costs during the month totaled $57,000.
Answer:
the market value of the property is $628,300
Explanation:
The computation of the market value of the property is shown below;
Gross rent $10,000 × 12= $120,000
Now
= $120,000 × .92 (occupancy rate)
= $110,400
After that
= $110,400 - $47,570
= $62,830
And ,finally the market value of the property is
= $62,830 ÷ 0.10
= $628,300
hence, the market value of the property is $628,300
It is important to consider some factors when choosing a facility for your business. Some critical factors to consider include the following.
- Location (on well-traveled streets, or tucked away in the country)
- The interior layout: the amount of space, how it would be subdivided into rooms or work areas to best serve you
- How it could be constructed or decorated to provide the capabilities and business atmosphere that best suits your operation
- The exterior: its appearance (and that of surrounding buildings) and the impression that it conveys about your business
- Provision for necessary features such as parking facilities and loading docks
<h3>What is a Business Facility?</h3>
A Business Facility refers to a building location or portion at which employees perform services for their employer.
It is important to note that a business facility does not include any workplace or portion of a workplace that also serves as the employee's or employer's personal residence.
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Answer:
The degree of wealth and material comfort available to a person or community.
Explanation:
How nice the way they live their life is
