Answer:
Traditional financial guidelines suggest that your home should cost about five times your annual income
Explanation:
Renting an apartment would be less costly initially till the point present value of rental payments equals the purchase cost of the apartment, beyond which such an alternative turns costly.
Individuals need to decide whether to rent or buy in the light of financial factors, lifestyle preferences, etc. Financial factors relate to the availability of finance to fund buying and how steady the finance could be in next few years.
The property owner is eligible for tax deductions with respect to interest payable on home loan and property taxes paid during the period. Such deductions are not available to the tenant.
Answer:
<u>Client-based</u> structure.
Explanation:
A client-based organizational structure is characterized as one whose central objective is to design and customize customer service. It is a structure generally used by organizations whose products or services are unique to specific market segments, and should be well designed so that there is autonomy between divisions so that there is no overlap and redundancy of activities.
A clear example of companies using the client-based structure is those offering healthcare services, which need to have very specific customer segmentation for effective and personalized care.
Answer:
It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.
Explanation:
A departmental overhead rate is considered to be a standard charge based on the units of activity produced by a business segment. Overhead rate at the department level are usually applied in a more refined cost allocation environment, where there is a need to apply overhead cost as precisely as possible.
Answer: Option D
Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.
In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.
Hence from the above we can conclude that the correct option is D.
Answer and Explanation:
Revenue recognized - $192. Revenue title - "Interest revenue" This is answered considering that the bank follows accrual basis of accounting. Therefore, as the bank has earned the interest by lending to the company, it can recognize the interest revenue. And as it is a bank, the interest revenue would be shown under the "Revenue" section as its main business is lending. The principal will not be revenue at all as it is an Asset and will be regarded as Accounts Receivable.
