Answer: The market for homes will be higher when there is increase in the amount of homes being built. In addition, the location of a house determines the cost of the house. For instance, a house located in an urban environment will cost more than the one located in a rural area. Irrespective of having the same components or features, the price will always vary.
Explanation:
Fort Myers is a commercial centre of Lee County, Florida. It is a major tourist destination in Florida. It is a metro city with job markets and a nice quality of live. Between 1994 and 2006, the prices of Fort Myers homes increased more than the rate of inflation. This is due to the quality of life and location of Fort Myers. An increase in the number of houses built increaseD the market for homes. This raised the price of houses higher than the inflation rate.
Compared to stocks, mutual funds offer investors a relatively limited range of choices - false
Answer is False
What are mutual funds?
A mutual fund is a business enterprise that swimming pools money from many buyers and invests the cash in securities which include stocks, bonds, and quick-term debt. The blended holdings of the mutual fund are known as its portfolio. buyers purchase stocks in mutual finances.
Are mutual funds safe?
Mutual funds are in large part a secure investment, seen as being an excellent manner for investors to diversify with minimum hazard. but there are circumstances in which a mutual fund isn't always a great choice for a marketplace player, especially on the subject of costs.
What's mutual funds and types?
A mutual fund is a basket of numerous investments, together with shares, bonds, and cash. There are three primary styles of mutual funds: equity finances, constant-profits budget, and cash market budget. every of those sorts has a distinctive risk stage associated with it. There are two predominant blessings to mutual funds.
Can I get monthly income from mutual funds?
Sure, you may get month-to-month earnings from mutual funds. The first-class way for that is to opt for SWP or Systematic Withdrawal Plan in a mutual fund scheme. via SWP, you could withdraw a set quantity on a monthly or quarterly foundation from the investment you've got made in any mutual fund scheme.
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Answer:
A.Total cost 41 93 (52)
B. It would be much better to manufacture the carrying cases .
While Fixed factory overhead is less important to this decision.
Explanation:
Fremont Computer Company Differential Analysis
Make Alternative 1: Buy Alternative 2:
Differential effect on net income
Alternative 1 : Alternative 2: Differential effect
Purchase Price - 89 (89)
Direct material 16 - 16
Direct labor 20 - 20
Variable 1 - 1
manufacture overhead (20×5%)
Fixed (5-1) 4 4 -
manufacture overhead
Total cost 41 93 (52)
The Company should choose Alternative 1
which is Make carrying case
B. It would be much better to manufacture the carrying cases.
While Fixed factory overhead is less important to this decision.
Therefore in make or buy decision the selling price of the product will be less important because the selling price was not provided which means it does not have effect on the decision of buy or make.
Answer:
<u>Closing Entries Dated 31, 2016</u>
Dr. Cr.
Closing Income Accounts
Service revenue $186,100
Interest revenue $90,300
Income Summary $276,400
Closing Expense Accounts
Income Summary $153,400
Supplies Expense $96,900
Advertising expenses $18,200
Salaries and wages $21,000
Income tax expense $17,300
Closing Income Summary Account
Income Summary $123,000
Retained Earning $123,000
Closing Dividend Account
Retained Earning $7,800
Dividend $7,800
Explanation:
All the Income and Expenses accounts are closed to Income summary account. The net balance of income summary account is transferred to retained earning account. The dividend balance is also transferred to retained earning account to close it. Ultimately all the balances are netted off in retained earning account.
