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3 years ago

A cost associated with home buying would be:

2 answers:

6 0

Hello, the answer for you question is in fact C. Property taxes. I just took the test and I got a 100% on it, so you can trust me. Have a good day.

Stells [14]3 years ago

5 0

Choice C seems to be the right answer.

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Last year, Bad Tattoo Co. had additions to retained earnings of $4,780 on sales of $95,560. The company had costs of $75,720, di

fredd [130]

Answer:

e. $6,042

Explanation:

Net income of Bad tattoo co. = Addition of retained earnings + Dividends

= $4,780 + $2,980

= $7,760

Income before tax of Bad tattoo Co = Net income / (1-tax rate)

= $7,760 / (1-34%)

= $7,760 / 0.66

= $11,758

But,

Income before tax = Sales - Costs

- Depreciation expense - Interest expense

$11,758 = $95,560 - $75,720 - Depreciation expense - $2,040

$11,758 = $19,840 - Depreciation expense - $2,040

Depreciation expense = $19,840 - $11,758 - $2,040

Depreciation expense = $6,042

8 0

3 years ago

Which of the following is true

inn [45]

i think the aswer is (A) Checks are the most widely accepted form of payment.

4 0

3 years ago

Sheffield Corp. started the year with total assets of $220000 and total liabilities of $130000. During the year the business rec

Thepotemich [5.8K]

Answer:

Net Income for the year is $95,000.

Explanation:

The income which is calculated by deducting all the related expense from the revenue even after interest and taxes. Net Income is the amount which is available to distribute amount the stockholders, either preferred or common.

As we know

Net Income = Revenue - Expenses

Revenue = $164,000

Expenses = $69,000

Net Income = $164,000 - $69,000

Net Income = $95,000

6 0

3 years ago

Read 2 more answers

It is often said that high rates of inflation tend to diminish people's incentive to save and invest. this view must be incorrec

SOVA2 [1]

Of the following, the best criticism of the argument above is that it overlooks the possibility that certain factors operating in the 1980’s but not in the 1970’s diminished people’s incentive to save and invest.
If these other factors, unrelated to the inflation rate, that operated in the 1980’s but not the 1970’s, created an even greater disincentive to savings and investment than high inflation rates provide, then those trends do not provide evidence about the general relationship among savings, investment, and inflation.

5 0

2 years ago

Approximately ________ % of the U.S. labor force is employed in service industries.a. 10b. 25c. 40 d. 60e. 80

GenaCL600 [577]

Answer:

The correct answer is letter "E": 80.

Explanation:

According to the U.S. Bureau of Labor Statistics (BLS) by the end of the second quarter in 2019 over 107 million workers -around 80% of the total American labor force- were engaged in the private service industry. The most important sectors related were transportation, utilities, education, health care, professional, and business services.

6 0

2 years ago