A lease under which the amount of rent is based upon the tenant's sales volume is known as
a. a percentage lease.
b. a gratuity lease.
c. an escalation lease.
d. usury.
Answers
A percentage lease is a type of commercial lease in which the tenant pays a base rent along with an additional percentage of their monthly or annual gross sales.
This arrangement is commonly used in retail spaces, such as shopping centers and malls, where the success of the tenant's business can significantly impact the overall performance of the property.
In a percentage lease, both the landlord and the tenant benefit from the tenant's business success. The landlord receives a higher rent when the tenant's sales are strong, while the tenant enjoys lower rent during slower periods.
This setup provides a shared risk and reward structure, encouraging the landlord to support the tenant's business growth and success.
Here's a step-by-step explanation of how a percentage lease works:
1. The landlord and tenant agree on a base rent, which the tenant pays regardless of their sales volume.
2. The landlord and tenant negotiate a percentage rate, which represents the portion of the tenant's gross sales that will be paid as additional rent.
3. The tenant tracks and reports their gross sales to the landlord, usually on a monthly or annual basis.
4. The tenant calculates the additional rent by applying the agreed-upon percentage rate to their gross sales.
5. The tenant pays the total rent, which consists of the base rent and the additional rent based on their sales volume.
In summary, a percentage lease is a commercial lease arrangement where the tenant's rent is based on their sales volume.
This type of lease benefits both the landlord and tenant by sharing the risks and rewards associated with the tenant's business performance.
To know more about percentage lease here
https://brainly.com/question/29216664
#SPJ11
Related Questions
what can be the scopes of technicians
Answers
Answer:
Technicians are skilled workers that work with complex systems or perform highly technical mechanical or diagnostic tests. Depending on the field, technicians may work independently or under the direction of a professional. Technicians can work indoors or might spend most of their time outside.
You invest $500 in a fund that has shown to have a mean annual increase of $120 per year. If you leave your initial
investment in the account, and invest no additional funds, how much will your account be worth at the end of 25 years?
a) $1,200
b) $2,500
c) $3,500
d) $3,800
Answers
The investment of $500 in a fund, the account at the end of 25 years would be $3,500. The appropriate response is option C.
What is investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person makes an investment, they do not intend to utilize the product immediately; instead, they intend to use it to build wealth in the future.
Stocks, bonds, and cash equivalents are the three main categories into which investments are often divided. Within each category, there are several distinct kinds of investments.
The investment of $500 in a fund, the account at the end of 25 years-
120x25=3000+500=3,500
Hence, option C is an appropriate response.
To learn more about investment
https://brainly.com/question/15105766
#SPJ2
Postal service shows the national identity of country. Justify.
Answers
What is the difference between a savings account and a checking account? (Select all that apply.)
Savings accounts pay higher interest than checking accounts.
Deposits in savings accounts, not checking accounts, are used by a bank to invest.
Savings accounts have more restrictions than checking accounts.
Savings accounts are covered more by the FDIC than checking accounts.
Answers
A checking account is a bank account you can write checks from, or access several other ways, which tends to make it your go-to, daily transaction bank account. A savings account is where you stash funds that you aren't ready to use yet, often with the goal of accumulating more.
based on the information given for sonimad sawmill, inc., allocate the joint processing costs of $1,010,000 to each of the three product lines using the:
Answers
Sonimad Sawmill Inc. should allocate joint processing costs to each of the three product lines using the physical units method of allocation. The joint processing costs of $1,010,000 will be allocated as follows: Board feet: $646,400;Timber: $25,856;Chips: $1,616; Total: $674,872.
Sonimad Sawmill Inc. should allocate joint processing costs to each of the three product lines using the physical units method of allocation. The physical units method assumes that all products in a batch process are the same and that they require the same amount of processing and therefore incur the same cost. It allocates joint costs to products based on the number of physical units produced by each product line.
The following table shows the number of physical units produced by each product line:
Product Line Units Produced Proportion of Total Output
Board feet 40,000 80%
Timber 8,000 16%
Chips 2,000 4%
Total 50,000 100%
Total output from the mill is 50,000 units.
Board feet make up 80% of total output, so 80% of the joint processing costs will be allocated to board feet.
Timber makes up 16% of total output, so 16% of the joint processing costs will be allocated to timber.
Chips make up 4% of total output, so 4% of the joint processing costs will be allocated to chips.
The joint processing costs of $1,010,000 will be allocated as follows:
Product Line Joint Processing Costs Allocation
Board feet $808,000 $808,000 x 80% = $646,400
Timber $161,600 $161,600 x 16% = $25,856
Chips $40,400 $40,400 x 4% = $1,616
Therefore, the joint processing costs of $1,010,000 will be allocated as follows:
Board feet: $646,400
Timber: $25,856
Chips: $1,616
Total: $674,872
To know more about processing costs visit:
https://brainly.com/question/14885994
#SPJ11
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 7.3 percent paid annually.If the yield to maturity is 8.6 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Current price �
Answers
Answer:
892.69
Explanation:
Given the following :
Par value of bond (FV) = 1000
Period (n) = 15 years
Coupon rate (r) = 7.3% annually
Yield to maturity (r) = 8.6% = 0.086
The coupon price = 7.3% of par value
Coupon price (C) = 0.073 * 1000 = 73
Current price of bond can be computed using the relation:
= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)
73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15
73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)
= 73*8.2546131 + 290.10326
= 602.5867563 + 290.10326
= 892.69
What happens when the price of a good increases? The quantity of goods that are produced increases. The producer of the good is certain to make less money. The quantity of goods that are produced decreases. The quantity of goods that are produced stays about the same.
Answers
Answer:
Quantity of goods that are produced an increase
Explanation:
Looking at a Supply/Demand chart, you can see as Prices increases, supplier are willing to produce more. The lower the price, the fewer producers are willing to produce. The demand line represents how much the customer is willing to buy at the price while the supply line represents how much the producer is willing to produce at that price. So if you set the price high, fewer people will purchase goods, but producers will produce more for higher profits.
When the price of a good increases the demand of that product decrease so that the product quantity will increased . Hence option A is correct.
What is Demand and Supply ?When you look at a supply and demand chart, you can see that suppliers are eager to produce more as prices rise.
Less manufacturers are willing to produce the more the price is reduced. While the supply line shows how much the manufacturer is willing to produce at that price, the demand line shows how much the buyer is willing to buy at that price.
Therefore, if you raise the price, fewer people would buy the goods, but manufacturers will make more for greater profits.
While other factors remain constant, if a good's price increases, fewer people will buy it. The quantity requested of a good rises when the price of that good decreases.
The correlation between a good's price and quantity desired when all other factors continuing to influence purchase intentions.
Learn more about Demand and supply here
https://brainly.com/question/916178
# SPJ 5
the process rockefeller used to gain control of his company’s industry is known as
Answers
The process Rockefeller used to gain control of his company's industry is known as "horizontal integration" or "horizontal consolidation."
Rockefeller, the founder of Standard Oil Company, employed a strategy of horizontal integration to dominate the oil industry during the late 19th and early 20th centuries. Horizontal integration involves acquiring or merging with competitors operating at the same level of the industry supply chain. By consolidating various oil companies under the umbrella of Standard Oil, Rockefeller was able to control a significant portion of the oil production, refining, and distribution process.
Through aggressive acquisitions and strategic partnerships, Rockefeller eliminated competition, controlled market prices, and achieved economies of scale. This consolidation of the industry allowed him to exert considerable influence and maximize profits.
Overall, horizontal integration played a crucial role in Rockefeller's efforts to monopolize the oil industry and solidify his company's dominance.
To learn more about Rockefeller, visit:
https://brainly.com/question/30021843
#SPJ11
Computerized Accounting with
QuickBooks
1. What is the Vendor Centre?
2. How should an invoice be corrected if an error is
discovered while entering payment?
3. How can the Transaction Journal Report
Answers
1. The Vendor Centre is a feature in QuickBooks that allows users to manage all aspects of vendor-related transactions and information in one centralized location. It serves as a hub for organizing vendor contact details, tracking purchase transactions, managing accounts payable, and monitoring vendor balances. Within the Vendor Centre, users can create and maintain vendor records, track payment terms, view and pay bills, record purchases, and generate reports related to vendor activities. This feature helps streamline vendor management processes and provides a comprehensive overview of vendor-related financial information.
2. If an error is discovered while entering payment on an invoice in QuickBooks, there are steps to correct it. First, locate the invoice that needs to be corrected within QuickBooks. Open the invoice and click on the "Edit" option. Make the necessary changes to the payment details, such as the amount or payment method. Save the changes and ensure that the corrected information is accurate. If the incorrect payment has already been recorded and deposited, it may be necessary to record a credit or refund to adjust the payment amount. This can be done by creating a new credit memo or refund receipt and applying it to the invoice in question. It's important to review the accounts and ensure that the corrected invoice and payment information reflects the accurate financial transactions.
3. The Transaction Journal Report in QuickBooks provides a detailed record of all transactions within a specified date range. It includes information such as transaction dates, types, accounts affected, amounts, and reference numbers. This report offers a comprehensive overview of all financial activities within the chosen timeframe and can be used for various purposes, including reconciliation, auditing, and analysis. To generate a Transaction Journal Report in QuickBooks, navigate to the Reports menu, select "Accountant & Taxes," and then choose "Transaction Journal." Specify the desired date range and any additional filters, and then run the report. The Transaction Journal Report can help users review and analyze individual transactions, identify errors or discrepancies, track changes in account balances, and gain insights into the financial activities of a business. It provides a detailed audit trail and can be a valuable tool for financial reporting and analysis.
To learn more about QuickBooks - brainly.com/question/27983902
#SPJ11
Arnold buys a backhoe from Big Dig Equipment Inc. Arnold is unaware that Credit Collection Company holds a lien against the backhoe when he buys it. If Credit Collection repossesses the backhoe, Arnold can
Answers
Answer:
recover from Big Dig for breach of warranty.
Explanation:
I. The given instance Arnold makes a purchase of a backhoe from Big Dog Equipment, being unaware that Credit collection company is holding a lien on the equipment.
A lien is the ability of a entity to take ownership of a property pending when a debt is repaid.
The backhoe was sold without disclosing this to Arnold. So he can recover from Big Daddy because false information about the product was provided at the time of purchase
Makayla bought a pair of shorts online for $73. She used a coupon code to get a 40% discount. The website also applied a 10% processing fee to the price after the discount. How much was the discount, in dollars and cents?
Answers
Answer:
39.42
Explanation:
73-40%=43.8
43.8-10%=39.42
beginning work-in-process is 6,400 units; 63,300 units completed, and ending work-in-process is 7,450 units, which are 100% complete for direct materials and 50% complete for conversion costs. the beginning wip inventory is 100% complete for direct materials and 50% complete for conversion.
Answers
The equivalent units of production for direct materials are 69,150, and for conversion costs are 65,925.The total equivalent units of production for direct materials are 69,150 (6,400 + 63,300), and for conversion costs, it is 65,925 (6,400 + 63,300 + 3,725).
Equivalent units of production are a measure used in process costing to account for partially completed units. In this scenario, we have three components to consider: beginning work-in-process (WIP), completed units, and ending WIP.
For direct materials, both the beginning WIP (6,400) and completed units (63,300) are fully processed, so they are counted as equivalent units.
For conversion costs, the beginning WIP (6,400) is 50% complete, so 50% of those units (3,200) are counted as equivalent units. The completed units (63,300) are fully processed. The ending WIP (7,450) is 50% complete, resulting in 3,725 equivalent units.
Learn more about direct materials here:
https://brainly.com/question/14002144
#SPJ11
Collectively, a group of people can be defined as an organization when they _______. work together and coordinate their actions to achieve a wide variety of goals.
Answers
Collectively, a group of people can be defined as an organization when they work together and coordinate their actions to achieve a wide variety of goals.
What Is An Organization?A group of people can be defined as an organization when they work together and coordinate their actions to achieve a wide variety of goals. This means that an organization is a group of people who have come together for a specific purpose, and they work together to achieve that purpose. Organizations can be formal or informal, and they can be small or large. Regardless of their size or structure, organizations are characterized by the fact that they are made up of people who are working together to achieve a common goal.
Learn more about business model at https://brainly.com/question/24448358
#SPJ11
2. Within the range of market demand, which of the following is consistent with the condition of a natural monopoly
Answers
A natural monopoly is a market structure in which a single firm is the sole producer of a good or service for which no close substitutes exist. This is usually due to the large amount of capital required to produce the good or service, or because the cost of production declines as the firm increases its output.
In these cases, a single firm is able to produce the good or service at a lower price than if there were multiple firms competing in the market. This can create a situation in which the firm can charge a price that is higher than the competitive price because they have little to no competition. Additionally, the cost of entry into the market is often prohibitively high, which further reduces the number of firms that can compete in the market.
To know more about monopoly click here
https://brainly.com/question/29765560
#SPJ4
in recent years, california state government spent billions of dollars in total state expenditures. approximately how much was spent in education?
Answers
In recent years, the California state government has allocated a significant portion of its total state expenditures to education.
While specific figures can vary from year to year, billions of dollars have been consistently dedicated to the education sector. These funds are used to support public schools, colleges, and universities, as well as various educational programs and initiatives.
California places a strong emphasis on investing in education to provide quality learning opportunities for its residents. The substantial financial commitment demonstrates the state's commitment to ensuring accessible and high-quality education for its citizens and reflects the importance placed on fostering academic achievement and educational advancement.
Learn more about state expenditures here
https://brainly.com/question/31917005
#SPJ4
Situational variables that cause one style of leadership to be more effective than another are also called:
Answers
Answer:
leadership style and situational favorableness
Explanation:
The product is shown without a decimal point. Where should the decimal point be placed?
3.12 × 4 = 1248
5th grade work
Answers
Answer:
Answer:B Place the decimal point after 2
Explanation:
All you have to do is multiply 3.12 times 4
1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answers
Answer:monopoly
Explanation:
Bailey enjoys working with her hands. She wants to choose a career path that would allow her to create things. Which career would be best for
her?
O A. zoologist
O B. greenhouse nursery worker
O C. energy auditor
O D.
civil engineer
• E. jeweler and metal worker
Answers
Answer:
Jewerly and metal worker.
Explanation:
If you want to create thing with your hands and allowing her to create things a jewlery worker and a metal worker is the best for making stuff out of your imagination.
Tom is the top salesman for ABC Motors. He has been offered a job by a rival company but is concerned because there is a clause in hiscontract which prevents him from working for any other car company for five years. Tom is the top salesman because he regularly tells potential customers what they like to hear rather than the facts. He has done this in relation to ages of vehicles, odometer readings and vehicle service histories. Tom recently completed a deal to buy a vintage sports car for ABC Motors from Barry. ABC now discover that Barry (not his real name) had stolen the vehicle.
What is a restrictive covenant? Advise Tom as to the legality of the clause in his contract.
How would you classify Tom’s statements to the customers and what are the possible consequences for Tom and ABC motors in relation to these statements?
What is the legal position regarding the vehicle which Tom has purchased from Barry?
Answers
Tom is concerned about a restrictive covenant in his contract that prevents him from working for any other car company for five years.
A restrictive covenant is a contractual provision that places limitations on an individual's actions or activities. In Tom's case, the clause in his contract that prevents him from working for any other car company for five years is an example of a restrictive covenant. The legality of such a clause depends on various factors, including the jurisdiction and the reasonableness of the restrictions imposed. It is advisable for Tom to consult with a legal professional to understand the enforceability of the clause in his specific situation.
Regarding Tom's statements to customers, his practice of telling potential customers what they want to hear rather than the facts is unethical and can have severe consequences. Misrepresenting information about vehicle ages, odometer readings, and service histories can lead to legal liabilities for both Tom and ABC Motors. They may face legal actions from customers for misrepresentation, breach of contract, or fraud.
Regarding the vintage sports car purchased from Barry, since Barry stole the vehicle, ABC Motors may not have legal ownership of the car. In such cases, the legal position would depend on the laws governing stolen property. ABC Motors may need to return the car to its rightful owner or face legal consequences for possessing stolen property. It is crucial for ABC Motors to take immediate action to rectify the situation and consult with legal professionals to mitigate any potential legal liabilities.
Learn more about liabilities here:
https://brainly.com/question/30805836
#SPJ11
Chevron's 52,000 employees work for thirteen major operating companies in 180 countries. Each national unit does business according to the needs of its market. Effective management of human resources in such a complex environment is an enormous task, and the key to success is reliable, accurate management information. Thus, Chevron developed an online human resources information system, which is a critical tool in managing its human resources. As expected, one of the broad goals of the human resources information system is to help management a. prepare specific job or position descriptions. b. develop a replacement chart. c. utilize human resources efficiently to meet organizational goals. d. send greetings to employees on their birthdays. e. write a job specification for the computer programmer.
Answers
Answer:
C
Explanation:
Human resources information system is defined as an information system that is used to collect analyze and process data to aid easy administration of the human resources function in an organization . It makes use of database and computer software and hardware for this purpose .
the overall aim is to utilize human resources efficiently to meet organizational goals
What does it mean when your bars disappeared on irs?.
Answers
When your bars disappeared on IRS (Internal Revenue Service), it means that your tax return is being processed. If the bars on your IRS disappeared and you see the message “We have received your tax return and it is being processed” without any code numbers, it indicates that your return is still in the early stages of processing.
Here are some possible reasons why the bars disappeared on IRS: Your tax return is still being processed, and the IRS is yet to approve or deny it. This is quite common if your return requires further review. The IRS website will display your status as “Your tax return is still being processed” until a decision is made.
There could be a technical problem with the IRS website, and your bars will be back soon if that's the case. The issue might be due to maintenance, updates, or other issues with the site.
There could be a delay in processing your return, and the IRS is yet to update your account with the most recent status. This could be due to a backlog or delay in the IRS processing centres. The IRS encourages taxpayers to wait at least 21 days before contacting them to check on the status of their tax refund. During this time, the bars on the IRS website may disappear until the tax return is fully processed.
to know more about bars here;
brainly.com/question/16918649
#SPJ11
Which of the following statements about central bank structure and independence are true?
A) In recent years, with the exception of the Bank of England and the Bank of Japan, most countries have reduced the independence of their central banks, subjecting them to greater democratic control.
B) Before the Bank of England was granted greater independence, the Federal Reserve was the most independent of the world"s central banks.
C) Both theory and experience suggest that more independent central banks produce better monetary policy.
D) While the European Central Bank is independent, it is not as independent as the Federal Reserve.
Answers
Central bank structure and independence can vary across countries. In Europe, the European Central Bank (ECB) is an independent institution that is responsible for monetary policy in the Eurozone.
However, it is true that the ECB is not as independent as the Federal Reserve in the United States.
This is because the ECB's decision-making process involves input from the national central banks of the Eurozone countries.
In contrast, the Federal Reserve has a more centralized decision-making process. Additionally, the ECB's mandate is more focused on price stability, while the Federal Reserve has a dual mandate to promote maximum employment and price stability.
Overall, while the ECB is independent in its decision-making, its structure and mandate are not as independent as those of the Federal Reserve.
To know more about institution refer here:
https://brainly.com/question/19643821#
#SPJ11
an offer that can only be accepted by an offere's performance creates a(n) __________________________ contract
Answers
Answer: unilateral contract
Explanation:
An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.
Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.
Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.
8
Select the correct answer.
Which area of engineering focuses on the design, construction, and maintenance of energy facilities?
ОА. .
chemical engineering
OB.
civil engineering
OC.
mechanical engineering
OD.
environmental engineering
Reset
Next
Answers
Answer:
civil engineer is the answer
1.What is a farm business plan used for?
2.What environmental issues could have a negative effect on a farm?
3.Why is knowing agricultural statistics, background info, and soil characteristics about the territory in which your farm is located important?
Answers
Answer:
1. A farm business plan is used to outline the goals, strategies, and financial projections for a farm, and to guide decision-making and management.
2. Environmental issues that could have a negative effect on a farm include soil erosion, drought, flooding, pests and diseases, climate change, pollution, and loss of biodiversity.
3. Knowing agricultural statistics, background information, and soil characteristics about the territory in which your farm is located is important because it helps farmers make informed decisions about what crops to grow, how to manage the land, and how to address challenges and opportunities. This information can help farmers optimize their resources, improve their yields and profitability, and minimize risks and negative impacts on the environment.
which points of the production possibilities curve show a level of production that would be achievable only through further growth in the company
Answers
Which professional helps individuals and families minimize risk?
Answers
Answer:
insurance agent.
the career profession who would help individual and families to manage and minimise risk would be insurance agent.
Explanation:
insurance is a field that manages protection from financial loss thus risk to it iwould be a component that they manage. insurance insurance agent would recommend the best product for individual and families according to their lifestyle and age
Statement-McMorrow &
3. Cash Flow
Daughter Ltd
From the following information relating to McMorrow & Daughter Ltd, prepare
a cash flow statement for the four months January to April. Opening cash on 1
January is €3,700. X
Estimated income
• Sales: January €12,800; February €14,100; March €13,900; April €18,750
. Government grant: February €3,000
Estimated expenditure
• Purchase of materials: January €12,000; February €14,000; March €11,300;
April €14,300
Rent and rates: €1,600 per month
• Wages: €1,500 per month
• Telephone: February €300; April €450
61.000 in March answer pls
Answers
The net cash inflow for the period was €12,100 and closing cash balance at the end of April was €15,800.
What is a cash balance?A cash balance refers to the amount of money that a person, organization, or entity has in their possession or available to them at a given time. This can include physical currency, such as bills and coins, as well as digital forms of payment, such as bank account balances or cryptocurrency holdings. Cash balances are important for financial planning and management, as they can be used to cover expenses, pay debts, invest in assets, or save for future goals. It is important to monitor cash balances regularly to ensure that there is enough liquidity to meet financial obligations and take advantage of investment opportunities. Balancing cash inflows and outflows is essential for maintaining financial stability and achieving long-term financial success.
Net Cash Inflow: €12,100
Closing Cash: €15,800
To learn more about cash balance, visit:
https://brainly.com/question/28873432
#SPJ1
the mass affordability of the iphone is the results of the following, except:
A. Mass sales and distribution cost-savings B. Mass production and spreading of fixed costs C. The law of diminishing returns in manufacturing D. Economics of scale and large volumes
Answers
The mass affordability of the iPhone can be attributed to the economics of scale and large volumes, mass production and spreading of fixed costs, and mass sales and distribution cost-savings.
However, the law of diminishing returns in manufacturing is not a factor that contributes to the mass affordability of the iPhone. This law suggests that as production increases, the marginal output per unit of input will eventually decrease, leading to higher costs. However, this is not the case for the iPhone as it benefits from economies of scale, which enable manufacturers to reduce the cost per unit by producing more. Therefore, option C is not a reason for the mass affordability of the iPhone.
To learn more about distribution, visit:
https://brainly.com/question/30467880
#SPJ11