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4 years ago

Which best describes the benefits of renting a home?

1 answer:

mihalych1998 [28]4 years ago

5 0

Is this a multi choice answer? If so tell me! :D
In my opinion what best describes of renting a home is that it is cheaper than buying one. It's also a limited time so you can get your feet up off the ground if you need money for a job. (Hope this helped)

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You purchased a share of stock for $53. One year later you received $3.00 as dividend and sold the share for $52. Your holding-p

GalinKa [24]

Answer:

the holding period return is 3.77%

Explanation:

The computation of the holding period return is shown below:

Holding period return is

= (Income + (Selling price - Purchase price)) ÷ Purchase price

= ($3 + ($52 - $53)) ÷ 53

= 3.77%

Hence, the holding period return is 3.77%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0

3 years ago

Lynette Company's Inventory balance at 12/31/04 was $200,000 and was $188,000 at 12/31/05. Its Accounts Payable balance e at 12/

Viefleur [7K]

Answer:

A) $704,000.

Explanation:

For computing the cash payments we need to calculate the following amounts which are as follows

Total purchases = cost of goods sold + ending inventory - opening inventory

= $720,000 + $188,000 - $200,000

= $708,000

Now cash payment to merchandise is

= Beginning account payable balance + purchased made - ending account payable balance

= $80,000 + $708,000 - $84,000

= $704,000

Hence, the correct option is A. $704,000

3 0

3 years ago

Hitzu Co. sold a copier (that costs $7,500) for $15,000 cash with a two-year parts warranty to a customer on August 16 of Year 1

worty [1.4K]

Answer:

1.Warranty expense

$ 750

2.Estimated warranty liability

$ 750

3. Warranty Expense $ 0

Estimated warranty liability

$ 626

5. Hitzu Co. Journal entries

Aug 16

Dr Cash 15,000

Cr Sales 15,000

Aug 16

Dr Cost of goods sold 7500

Cr Merchandise inventory 7500

Dec 31

Dr Warranty expense 750

Cr Estimated Warranty liability 750

Dec 31

Dr Estimated warranty liability 124

Cr Repair part inventory 124

Explanation:

Warranty expense 5% of dollar sales

= 5% × $15,000 = $750.

The December 31, 2017, balance of the liability equals the expense because no repairs are provided in 2017. Therefore, the ending balance of the Estimated Warranty Liability account is $750.

The company should report no additional warranty expense in 2018 for this copier.

The December 31, 2018, balance of the Estimated Warranty Liability account equals the 2016 beginning balance minus the costs incurred in 2018to repair the copier:

Beginning 2016 balance $ 750

Less parts cost (124)

Ending 2018 balance $626

4 0

3 years ago

Accoints payable ledger contains all of the balance sheet and income tstatmeent accounts true or false

xeze [42]

False, only shows transactions and amounts owed.

3 0

4 years ago

Sally would only agree to a second date with Andy if she sees him leave a generous tip for the waiter on their first dinner date

Nikitich [7]

Answer:

The correct answer is letter "A": Screening mechanism.

Explanation:

The screening mechanism is the activity in which people identify good qualities in others by evaluating their actions and matching them with their own behavior so they can eventually qualify those other people as suitable for them or not.

In the example, <em>Sally must consider a good practice to give generous tips to waiters since only if Andy, her date, does such a thing, she will consider dating him again. What Sally conducted is an example of a screening mechanism.</em>

5 0

3 years ago