Answer: HOA lien
Explanation:
Homeowners associations (HOAs) are in charge of different operational and maintenance duties associated with a neighborhood or building. Homeowners associations are financed by dues from the homeowner members.
In a situation whereby the homeowners members delay their dues or does not pay their dues, Homeowners associations can place liens on the homes of their members. A lien is a legal hold on a property.
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Answer: $1.46
Explanation:
Earnings per share = Net Income/Number of shares
Value of shares at current = 9,000/600
= $15 a share
Excess cash is $1,200.
Using that, the following number shares can be purchases;
= 1,200/15
= 80 shares
New number of shares = 600 - 80
= 520 shares
New EPS
= 760/520
= $1.46