What are the three major U.S. credit reporting agencies?

McCoy’s Fish House purchases a tract of land and an existing building for $820,000. The company plans to remove the old building

RSB [31]

Answer:

$875,100

Explanation:

The values given in the question are as follows

Purchase price of land= $820,000

Title insurance= $1,200

Property taxes= $10,400

Amont of tax due for the current fiscal year= $3,200

Back taxes= $7,200

Cost of removing the building= $41,000

Salvaged materials= $5,600

Amount used to level the land= $11,300

The cost of land for McCoy's fish house can be calculated as follows

Total cost of land= Puchase price of land+Title insurance+Back property taxes+Cost of removing the building+Level the land-Salvage materials

$820,000+$1,200+$7,200+$41,000+$11,300-$5,600

= $875,100

Hence the total amount McCoy fish house should record as the cost of land is $875,100

4 0

3 years ago

According to the International Fisher Effect, if an investor purchases a five-year U.S. bond that has an 20)_____ annual interes

Sidana [21]

Answer:

British pound: appreciate

Explanation:

International Fisher Theory is an economic theory which establishes a relationship between two country’s exchange and nominal interest rates of their currency.

It states that the expected inconsistency between the exchange rate of two currencies is approximately equal to the difference between their countries' nominal interest rates.

If an investor purchases a five-year U.S. bond that has an annual interest rate of 6% rather than a comparable British bond that has an annual interest rate of 4%, then the investor, at a minimum, must be expecting the British pound to appreciate at a rate less than 2% per year.

The reasoning behind it is that a country with a higher interest rate will also very likely to have a higher inflation rate.

8 0

4 years ago

What is your favorite song? Explain.

Sindrei [870]

Answer:

my favorite song is moonlight by xxx

Explanation:

it has a deep meaning behind the song

4 0

3 years ago

Read 2 more answers

Britt is a member of an environmental activist organization and has helped organize peaceful protests on campus. She is deeply i

larisa [96]

Answer:

Rebel

Explanation:

Burton Clark and Martin Trow, the two sociologists described about the four types of college subcultures.

1) Collegiate

2) Academic

3) Vocational

4) Rebel

Britt has all the characteristics of Rebel subculture, that is being deeply involved with ideas from the classroom and wider society of art, literature, and politics. They are aggressive nonconformism, and find critical detachment from the college they attend and from its faculty like Britt consider her professors ideas as outdated.

8 0

3 years ago

A new customer wants to open an account at your firm. When you ask him for a street address, he tells you that he will be moving

Rasek [7]

Answer: B. . The business address can be used for Customer Identification purposes and the account can be opened

Explanation:

From the question, we are told that a new customer wants to open an account at a firm and that when he was asked for his street address, he said that he will be moving soon to a different apartment complex and wants to use his business address.

Since the customer will be moving to a new apartment and therefore may not yet know his street address, the customer can use his business address for identification purpose. Therefore, the customer can open the account.

5 0

4 years ago