Temporary leases - Study guides, Class notes & Summaries

Steven put down $10,000 toward a property's purchase price, financed the rest, and now has a cash flow of $2,800 after repairs and debt service. What's his ROI? a 21% b 26% c 28% d 32% - c 28% Return on investment or ROI = cash flow ÷ cash investment. $2,800 ÷ $10,000 = 28%. What's a legal agreement or promise made between two parties? a. A consideration b. A covenant c. A handshake d. A negotiation - b. A covenant A legal agreement or promise made between two parties is a covenant. W...

the method of preparing the statement of cash flows used by the majority of firms is the: Ξ -:- indirect method the difference between the total fair value of an acquired business and the fair value of its identifiable net assets is Ξ -:- goodwill treasury stock is reported within the balance sheet as Ξ -:- a contra equity account balance sheets under US GAAP are required to report assets: Ξ -:- in order of liquidity the dominant method under GAAP for measuring long lived assets is...

Test Bank for Financial Accounting Theory and Analysis 14e 14th Edition by Richard G. Schroeder, Myrtle W. Clark, Jack M. Cathey. Full Chapters test bank are included - Chap 1 to 17 (Complete Chapters) 1 The Development of Accounting Theory 1 The Early History of Accounting 2 Accounting in the United States Since 1930 5 The Role of Ethics in Accounting 22 International Accounting Standards 26 Cases 27 FASB ASC Research 29 Room for Debate 29 2 The Pursuit of the Concep...

Colorado Car Sales Exam Questions With Correct Answers and Rationales Latest Updated 2024 (GRADED A+) The advertise price of a motor vehicle must include: Answer- Finance Charge Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, it shall state the rate as an "annual percentage rate," using that term. If the annual percentage rate may be increased after consummation, the advertisement shall state that fact. If an advertisement is for credit not se...

LEB 320F Unit 5 UPDATED ACTUAL Questions and CORRECT Answers What is Article 2 of the UCC? - CORRECT ANSWER - deals with the sale of goods, and rules for contracts selling goods What does a sale of goods contract not pertain to? - CORRECT ANSWER - temporary possession of the goods (such as leases) or gifts

The coverage territory of the Business Auto form provides for "worldwide liability coverage" for private passenger autos that the insured: a) Hires, leases, rents or borrows without a driver while outside the United States, its territories and possessions. b) Purchases while outside the United States, its territories and possessions. c) Sells while outside the United States, its territories and possessions. d) Occupies while outside the United States, its territories and possession...

Champions Law of Contracts September 2023 Test Review Actual Questions and Answers 100% correct

OREC Final Kevo Questions and Answers Graded A+ The real estate market may be described in all of the following ways EXCEPT: free market. local market. moveable market. market that is slow to react to change in supply and demand. C. moveable market The provisions of the Oklahoma Real Estate License Code originate in the state legislature. The agency created in 1950 to administer and enforce the Code is the: National Association of REALTORS®. Association of Real Estate Lice...

Promulgated Contract Forms (Exam Review) Questions and Answers (Graded A) Promulgated Contract Forms (Exam Review) Questions and Answers (Graded A) Promulgated Contract Forms (Exam Review) Questions and Answers (Graded A) TREC contract forms and their uses - ANSWER-- Sales Contracts: 1) One-to-Four Family Contract (Resale) 2) New Home Contract (Incomplete Construction) 3) New Home Contract (Completed Construction) 4) Unimproved Property Contract 5) Residential Condominium Contract ...

Default of Contract and Types of Damages - 1. Buyer Default - Liquidated Damages - Monetary Damages - Specific Performance 2. Seller Default - Specific Performance - Monetary Damages - Refund of Earnest Money Leases and "Right of First Refusal" - - Buyer's Temporary Residential Lease: for use when the buyer occupies the property for more than 90 days prior to closing