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Summary The operating costs of a cooperative building are shared among its shareholders based o $7.99   Add to cart

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Summary The operating costs of a cooperative building are shared among its shareholders based o

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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 ...

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  • October 13, 2024
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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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