Answer:
Brokers must disclose the information regarding the improvement and the fact that the property's taxes will increase the next year. Neighborhood improvements are paid by Special Assessment Districts adding taxes to existing properties or increasing sales taxes. Buyers need to know what property taxes they are expected to pay, and in this case, the current property taxes must be adjusted to show the real amount that will be paid in the future.
This isn't something necessarily bad because you are going to pay higher taxes, but your neighborhood is also improving.
Answer:
Explanation:
<u>fact of the case</u>
three people formed a limited liability company with contributions as follows:
- Alex - 60 percent
- Becky - 20 percent
- Cindy - 20 per cent
They dispute over the division of profits.
<u>profit division</u>
In a limited liability cooperation whose profit division has not been stated in the operation agreement under the UNIFORM LIMITED LIABILITY COMPANY ACT( ULLCA) , then state law will determine the division of profits. Usually in the absense of an agreement state have divided profits equally among the members.
<u>operating agreement</u>
An operating agreement for an LLC spells out the details of how a business will be managed and operated. Additionally, the term for settling profits and losses may be specified.
<u>opinion</u>
The court may decide that partners will receive an equal division of profits. courts rely usually on the principles of partnership law. in order to avoid the tension of discord between the partners it is best spelt out how the company will be managed as well as profit and loss division in an operating agreement.
Answer:
$525,000
Explanation:
The amount to be recognized as research and development expense for the year includes the cost of research and development services performed by Key Corp. for Orr, the cost incurred on testing of pre-production prototypes and models as well as the cost of testing in search for new products or process alternatives,
In other words, all costs incurred would be expensed since no of them met the capitalization criteria as per generally acceptable accounting principles
Answer:
Explanation:
Zoom Slingshot's marketing.team conducted the survey in a bid to add more value to the customer. After the discovery that some of the slingshot lines breaks frequently, the feedback from the survey was used to add value to the customer by providing a stronger product.
Businesses are always looking for ways of adding value for customers, and feedback is a good insight to customer needs.
The answer is True. You have more samples, the result is more accurate.
