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4 years ago

11

Which section in a CAR Residential Purchase Agreement shows who will pay the county transfer fee, HOA related fees, private tran

sfer fee, city transfer fee, and home warranty?

1 answer:

natka813 [3]4 years ago

8 0

Answer:

Other Costs

Explanation:

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Joan bought a business machine for $15,000. In a later year, she sold the machine for $12,800 when the total allowable depreciat

Lady_Fox [76]

Answer:

2,200

Explanation:

15,000 - 12,800 = 2,200

3 0

3 years ago

SCENARIO 3.1: Rented DVDs and movies shown in theaters are substitutes. Rented DVDs and plasma TVs are complements. Plasma TVs a

EleoNora [17]

Answer:

What would happen is Price of TVs goes up and price of rental DVDs goes down. Subsequently, price of movies theaters rises.

Explanation:

As there are less import of Plasma TV from Japan, the supply will be lower, while demand remains unchanged. So, price of Plasma TV will go up following is the demand for plasma TV will go down

As Plasma TV and rental DVDs are complementary goods, downward in demand for plasma TV means less demand for rental DVDs while supplies for rental DVD remains the same. Thus, price of rental DVD will go down.

As rental DVD and movies theaters are substitute goods, the demand in rental DVD going down will cause the increase in the demand in movie theaters while supplies for movie theaters stay the same. So, movie theater ticket will go up subsequently.

4 0

4 years ago

Distinguish between formal and informal methods of researching data for a business message.

Thepotemich [5.8K]

Answer:

The differentiation between some of the instances is characterized below.

Explanation:

The formal method addresses the development relating to particular components that could be quantified as well as reviewed besides consistency or accuracy, while the informal one describes stats information on either the psychologist's gut instinct.
Formal research has already been used much less throughout the past, while informal research has been widely used throughout the old days.

4 0

3 years ago

Olessa, single and age 60, sells her home for $540,000 after living there for 20 years. Her adjusted basis in that home was $220

Karo-lina-s [1.5K]

Answer:

Net gain = $60,000

Explanation:

Given:

Sale value of house = $540,000

Adjusted value = $220,000

Selling expenses = $10,000

Computation of gross profit on the house:

Gross profit on sale = Sale value of house - Adjusted value - Selling expenses

Gross profit on sale = $540,000 - $220,000 - $10,000

Gross profit on sale = $310,000

Maximum limit on gain from sale of house = $250,000(Form number 1040, Schedule D)

Computation of net gain:

Net gain = $310,000 - $250,000

Net gain = $60,000

7 0

3 years ago

Concord Company purchased equipment for $25200 on December 1. It is estimated that annual depreciation on the equipment will be

Ray Of Light [21]

Answer:

Debit Depreciation Expense, $525;

Credit Accumulated Depreciation, $525.

Explanation:

Based on the information given in a situation where the financial statements are to be prepared on December 31, which means that the company should make the following adjusting entry:

Debit Depreciation Expense, $525

Credit Accumulated Depreciation, $525

Calculated as:

Debit depreciation expense $6,300/12

Debit depreciation expense=$525

7 0

3 years ago