The broker analyzes the suitability of an income property which is for sale by preparing a(n) ____________ and reviewing it with the buyer.

a. Profit and Loss Statement
b. Balance Sheet
c. Annual Property Operating Data Sheet (APOD)
d. Investment Circular

Answer: c. Annual Property Operating Data Sheet (APOD)

Business

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At the breakeven point the sales line cuts:

a. Total cost line b. None of them c. Variable cost line d. Fixed cost line

Business

The creation of a corporation begins when its incorporators obtain a charter from the state

Indicate whether the statement is true or false

Business