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2 years ago

Rules and regulations enacted by various federal agencies are important to real estate because?

1 answer:

4 0

Rules and regulations enacted by various federal agent are crucial to real estate because. A. they are laws passed by Congress.

<h3>Why is ruling the most important source of law?</h3>

The ruling is a powerful source of law. In principle, it ties the whole society. Courts are institutions that use the law on daily basis. Judges and magistrates, like all lawyers, consult legislation and governments of common law and custom using the particular case before them.

Legislation is useful in delivering a framework for governmental action in fields that are either completely new or that were not considered by the standard law to be within the province of governmental action.

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Blossom Chemicals Company acquires a delivery truck at a cost of $32,800 on January 1, 2022. The truck is expected to have a sal

kakasveta [241]

Answer:

$16400

$8200

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

Depreciation factor = 2/4 = 0.5

Depreciation expense in year 1 = 0.5 x $32,800 = $16,400

Book value at the beginning of year 2 = $32,800 - $16,400 = $16400

Depreciation expense in year 2 = 0.5 x $16,400= $8200

4 0

2 years ago

To form a corporation, the organizers must follow the requirements set forth by the corporation code of the state in which the c

Fantom [35]

Answer: Incorporating a corporation

Explanation:

According to the question, the given process is known as incorporating the corporation. As, the incorporation is one of the type of legal process in which the organization are used the various types of corporate entities to form a corporation.

The corporation is the type of legal entity in an organization which results into the separation of investors and the owner.

According to the question, the organizers uses the proper requirement with the help of corporation code to form a proper corporation.

8 0

2 years ago

Mulally's use of "the way forward," which involved closing and modernizing plants, implementing data

murzikaleks [220]

The actions of Mulally in doing the above can be said to be part of his <u>Strategy </u>for <u>Ford</u>.

<h3>Actions by John Mulally.</h3>

Were done to turn Ford Motors around so that it would be successful again.
Involved closing down plants and increasing labor productivity.

John Mulally was the CEO of Ford Motors and when he took over, Ford needed a turnaround in their fortunes. He engineered a series of changes to ensure that Ford would be competitive again.

In conclusion, this was his strategy.

Find out more on labor productivity at brainly.com/question/6430277.

4 0

2 years ago

g Oriole Company had actual sales of $1100000 when break-even sales were $660000. What is the margin of safety ratio? 67% 40% 33

Sonbull [250]

Answer:

40%

Explanation:

Oriole company has an actual sales of $1,100,000

The break even sales is $660,000

Therefore, the margin of safety can be calculated as follows

= Actual sales-break-even sales/actual sales

= $1,100,000-$660,000/$1,100,000

= $440,000/$1,100,000

= 0.4×100

= 40%

Hence the margin of safety is 40%

3 0

3 years ago

On January 1, 2018, Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, a stated interest rate of 3 percen

Hoochie [10]

Answer:

Period Bonds Interest Cash Increase in Bonds payable

Payable Expenses Paid Bonds payable at the end

2018 583352 23334.08 18000 5334.08 588686.1

2019 588686.1 23547.44 18000 5547.44 594233.5

2020 594233.5 23766.48 18000 5766.48 600000

Journal entries

Cash account Dr $583352

Discount on Bonds Payable Dr $16648

Bonds payable Cr $600000

Interest expense Dr $23334.08

Cash account Cr $18000

Discount on bonds Payable Cr $5334.08

Interest expense Dr $23547.44

Cash account Cr $18000

Discount on bonds Payable Cr $5547.44

Interest expense Dr 23766.48

Cash account Cr $18000

Discount on bonds Payable Cr $5766.48

Bonds Payable Dr $600000

Cash account Cr $600000

<u>01.01.2020</u> (Redemption at 101)

Bonds Payable Dr $600000

Loss on redemption of bonds Dr $11766.48

Cash account (600000*101%) Cr $606000

Discount on bonds payable Cr $5766.48

8 0

3 years ago