The operating costs of a cooperative building are shared among its shareholders based on which of the followingThe operating costs of a cooperative building are shared among its shareholders based on which of the following...? The number of years each shareholder has lived in the cooperative ...
The operating costs of a cooperative building are shared among its shareholders
based on which of the following...? The number of years each shareholder has
lived in the cooperative The annual income of each shareholder The percentage
of ownership of each shareholder
Answer & Explanation
The operating costs of a cooperative building are typically shared among its
shareholders based on the percentage of ownership of each shareholder.
Explanation:
1. Percentage of Ownership:
o In a cooperative, each shareholder owns shares that correspond to
their ownership interest in the cooperative. The operating costs are
usually divided according to this percentage because it reflects the
proportionate share of responsibility and benefits in the
cooperative.
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