1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madreJ [45]
2 years ago
10

Gloria has an option to purchase the cottage she leases from her landlord. She can exercise the option within the next two years

. To gain that right, Gloria paid the landlord $5,000. This is called ______.
Business
1 answer:
Tju [1.3M]2 years ago
3 0

The option that Gloria has to purchase the cottage that she leases from her landlord is called An option fee.

Gloria has an option to purchase this property here. Under this option, she and the landlord would have a mutually agreed percentage on the purchase price.

Gloria paid her landlord the $5000 in order for her to have the right that would enable her to buy this property at a later date in the future.

Read more on brainly.com/question/25684693?referrer=searchResults

You might be interested in
What are the ways that panera bread can conduct ethical and proper forms of competitive analysis to learn about potential compet
katrin [286]

Ethical practices means not harming the business  or tarnishing the name of the business. Panera bread could speak with their competitors regarding their products or they could decrease the price of their products

5 0
3 years ago
Janes, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which,
ki77a [65]

Answer:

- $33,678.21

Explanation:

Cash flow Summary of the Project will be as follows

Year 0 = $410,000 + $3,000 = - $413,000

Year 1 = $101,000

Year 2 = $101,000

Year 3 = $101,000

Year 4 = $101,000

Year 5 = $101,000 + $41,000 + 3,000 =  $145,000

So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :

- $413,000 CF 0

  $101,000 CF 1

  $101,000 CF 2

  $101,000 CF 3

  $101,000 CF 4

 $145,000 CF 5

i/yr = 13%

Shift NPV = - $33,678.21

5 0
3 years ago
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $703,938 and Allo
JulijaS [17]

The net realizable value of accounts receivable is $684,204

Explanation:

  • To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.
  • accounts receivable = $703,938
  • doubtful-accounts = $19,734.
  • the net realizable value of accounts receivable =
  • accounts receivable ± doubtful-accounts
  • Therefore, the net realizable value of accounts receivable is $684,204

7 0
2 years ago
Which of the following is the best advice for written communication that is highly important?
Elodia [21]

Answer:

"D" is the correct answer!

Explanation:

Written communication is the use of a printed message, such as letters, training manuals, memos, proposals and emails. Emails. memos etc are all technology channels or apps.

4 0
2 years ago
Mark and Kate are establishing a fund for their son's college education. They would like $60,000 in the fund at the end of 10 ye
katen-ka-za [31]

Answer:

The lump sum amount to be deposited should be $27,020.67

Explanation:

Data provided in the question:

Future value = $60,000

Time, t = 10 years

Interest rate, r = 8% = 0.08

Compounded monthly i.e number of periods n = 12

Now,

Future value = Amount deposited ×  \left( 1 + \frac{r}{n} \right)^{\Large{n \times t}}

Therefore,

on substituting the respective values, we get

$60,000 = Amount deposited ×  \left( 1 + \frac{0.08}{12} \right)^{\Large{12 \times 10}}

or

$60,000 = Amount deposited × ( 1.00667 )¹²⁰

or

$60,000 = Amount deposited × 2.220522

or

Amount deposited = $60,000 ÷ 2.220522

or

Amount deposited = $27,020.67

Hence,

The lump sum amount to be deposited should be $27,020.67

7 0
2 years ago
Other questions:
  • Which of the following should have the strongest cause and effect relationship with overhead costs? Non-value-added costs. Cost
    6·1 answer
  • Alex paid $600 to Rita, his ex-wife, for child support. Under the terms of the divorce decree, Alex claims the dependency exempt
    5·1 answer
  • Sam wants to grow in his current role, and he decides to take a three-month skill enhancement course.
    14·1 answer
  • The combination of one or more communication tools used to inform prospective buyers about the benefits of the product, persuade
    8·1 answer
  • James Frank has been put in charge of gathering marketing intelligence, disseminating it within his organization, and eventually
    7·1 answer
  • Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $520,000. In addition to the purchase price, FVI makes the followi
    13·2 answers
  • Kenesha Co. reported income before interest expense and income taxes of $30,000; interest expense of $3,000; and income taxes of
    6·1 answer
  • Olivia is considering working a secretary job for a small law firm. Given the opportunity costs of working the job, she will not
    8·1 answer
  • True or False: Cutting advertising expenses often causes an erosion of profit
    14·1 answer
  • You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!