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4 years ago

The reason many homeowners cannot sell their homes when house pricing is falling is because

Business

1 answer:

lozanna [386]4 years ago

6 0

It is because then people are already buying houses, and often homeowners do not get a lot of money in return.

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In what ways do the increased resources of a partnership help a business?

Neko [114]

A solo owner of a business has his own resources. By adding a partner - the partnership now doubles its resources. If a bank just takes in money and loans money out that bank is using its resources for hopefully a profit. If that bank partners with a credit card company, that bank now reaps the benefots of expanded markets and more profit and income. Partnerships are about doubling, and stacking resources of all kinds, legal - marketing channels, expanded distribution, removal of barrier of entry into new markets in some cases. These are just examples. Another similar examole is Susie has a dog walking business and partners with a dog groomer business, they both will expand resources and potentially become more profitable.

8 0

3 years ago

Buffalo Corporation is authorized to issue 45,000 shares of $5 par value common stock. During 2020, Buffalo took part in the fol

Nookie1986 [14]

Answer:

Dr Cash $209,700

Cr Paid-In-Capital in excess of par-common stock $187,200

Cr Common Stock $22,500

B. Dr Land $53,900

Cr Common Stock $5,500

Cr Paid-In-Capital in excess of par-common stock $48,400

C. Dr Treasury Stock $24,380

Cr Cash $24,380

Explanation:

A. Preparation of the journal entry to record item1

Dr Cash (4,500*$48-6,300) $209,700

Cr Paid-In-Capital in excess of par-common stock $187,200

($209,700-$22,500)

Cr Common Stock $22,500

(4,500*$5)

(Being to record common stock issued)

B. Preparation of the journal entry to record item 2

Dr Land (1,100*$49) $53,900

Cr Common Stock $5,500

(1,100*$5)

Cr Paid-In-Capital in excess of par-common stock $48,400

($53,900-$5,500)

(Being to record land puchased in exchange for common stock)

C. Preparation of the journal entry to record item 3 using the cost method

Dr Treasury Stock $24,380

(530*$46)

Cr Cash $24,380

(Being to record purchase of treasury stock)

5 0

3 years ago

The technique of immediate data validation and reporting of errors is known as _____.

Andre45 [30]

Inline validation is it

5 0

3 years ago

Read 2 more answers

Monopoly manufacturer faces two types of consumers. The first type has a relatively flat, linear demand curve. The second type

Vikki [24]

Answer:

In both cases, the correct answer is the option 2: high price and low quantity.

Explanation:

First of all, if the company has the ability to choose the price and quantity of the goods that it produces then it always should prefer to charge the higher price as possible with the lowest quantities of the goods.

Secondly, in the first case, where the consumers have a relatively flat, linear demand curve then it does not matter how much the company charges the good due to the fact that the consumer will always demand the same quantity and therefore if the price if high the amount is the same if the price is low because the demand curve is flat.

Finally, in the second case, where the consumers have a relatively steep, linear demand curve then if the price is high the quantity will be low and if the price is low the quantity will be high, therefore that the company should choose to charge a high price and for instance the quantity will be low due to the fact that the demand curve is steep.

5 0

3 years ago

A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balanc

____ [38]

The answer is B. First in, first out method

Or commonly known in accounting as the FIFO method, is inventory valuation method where the first goods purchased by company is also the first goods sold.

By doing that, this will make the last goods purchased ( the most recent purchased) by the company became company ending inventory.

7 0

3 years ago