Answer:
This evaluation was prepared by a licensed real estate broker and is not an appraisal. This evaluation cannot be used for the purposes of obtaining financing.
Explanation:
Real estate competes for fund in the capital market.
<h3>What is capital market?</h3>
This is a market where long term securities such as shares and stocks are bought and sold.
In a capital market, people can trade in or sell long-term debt or equity-backed securities.
Common capital market securities are:
- Stocks
- Bonds
- Real estate investment trusts (REITs).
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Answer:
$360
Explanation:
We can compute net income to be
The ending balance of retained earnings = Beginning balance of retained earnings + net income - dividend paid.
Where,
Dividend = $482
Change in retained earnings = $122
Hence,
Net income = Dividend - Change in retained earnings
= $482 - $122
Net income = $360
Answer: Indirect Exporting
Explanation:
Indirect exporting describes a scenario where an entity exports to another country through an intermediary. They essentially sell to this intermediary and this intermediary then sells to consumers in other countries.
Much like investment banks underwriting stock, this type of exporting has very little risk and commitment attached because it simply involves one selling everything to an intermediary. The company exporting has therefore absolved itself of further risk which will then be incurred by the intermediary. t
The intermediary will however buy the goods at a discount due to the risk they take on. As a result, this gives less profit.