A seller paid $1,200 in HOA fees at the beginning of the year. The buyer closed on the property and took possession on June 1st. Using the 360-day calendar, how much would the buyer owe the seller in prorated HOA fees? $200 $700 $600 $1.200
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- A pilot for a private jet stops for refueling in San Antonio. Topper Fuels offers him a case of premium Tequila to refuel with them (a total retail value of $423 to the pilot). For refueling, inspections, and minor repairs, Topper charges $2,900, over $400 more than the least expensive fuel company. What has happened to the company that owns the private jetA property's annual property taxes equaled $7,560. The seller owes the buyer for 20 days of prorated property taxes. Using the 360-day calendar, how much does the seller owe the buyer? $420 $1,950 $360 $2,100Yeah LTD purchased equipment on January 1, 2015 at a cost of $171,380. The equipment has an estimated useful life of 9 years and a residual value of $9,650. Crane realized that there was a declining demand for the product being produced by the equipment. Given this indicator of possible impairment, management determined that the recoverable amount of the asset on December 31, 2018 was $95,260. The company uses the straight-line method of depreciation. Record the impairment loss, if any, on December 31, 2018.
- PLS HELP ASAPA local Marshalls is selling a suit for $99. Because of changing styles, the first markdown was 8% and second markdown was 25%. The suit still did not sell, so a final markdown of 10% was taken. The sale price is currently: A. None of these B. $68.31 C. $61.48 D. $86.31 E. $61.84Mr. Lopez's kitchen sink started flooding and spilling water all over the kitchen. He decided to call Paul's Famous Plumbing to take a look at the sink. When Paul assessed the sink, he told Mr. Lopez that the lower P-Trap pipe was cracked and a new pipe was needed. Paul told Mr. Lopez that the service will cost $50 but it will not include the cost of the new pipe. If Mr. Lopez wants, Paul can provide the P-Trap pipe for an additional $10 or Mr. Lopez can go to the local home improvement store and buy the pipe himself. This is an example of? O Common Law O U.C.C. O Unilateral Contract O Detrimental Reliance O None of the Above
- H5. Gabriella was in the business of purchasing sculptures from Brazil and selling them in Toronto at her boutique. On one consignment listed at $2,400, she received trade discounts of 9.00%, 7.00%, and 8.00%. The overhead expenses were 16.00% of her costs and she wanted to make a profit of 34.00% on cost. a. What is the regular selling price of the sculptures? b. Calculate the profit she will make if she decides to markdown the selling price by 16.00%. c. Calculate the maximum rate of markdown that she can offer so that she breaks even on the sale.Scott Power produces batteries. The company has determined its contribution margin to be $8 perbattery and its contribution margin ratio to be 0.4. What is the effect on profits of the sale of oneadditional battery? Of one additional dollar of sales?Pls help ASAP on both questions I HUMBLY REQUEST
- What kind of nature of business does Thunderbird Resorts and Casino have? How and why?Ruby obtained a loan of $90,000 towards the purchase of her new home. If the loan was 75% of the purchase price, how much did she pay for the home? O $125,000 (Dollars) O $115,000 (Dollars) O $145,000 (Dollars) O $120.000 (Dollars)Marty is buying a lot in another state which will be part of a retirement community. There will be at least 75 lots as part of the community. What does the developer need to give Marty before Marty signs the contract? a property report a CMA an EDO an appraisal