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3 years ago

A _ is generally considered an appreciating asset because it may _ in value over time.

2 answers:

jeka943 years ago

8 0

A house is generally considered an appreciating asset because it may increase in value over time. Appreciation is an increase in the value of an asset over time. The increase of the value of the house may occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. One example would be: the neighborhood became very famous, so the value of the houses there will increase, because the demand will increase.

Bond [772]3 years ago

6 0

The correct answer is (C).

A house is generally considered an appreciating asset because it may increase in value over time.

Further Explanation:

House:

A house is an appreciating asset. The value of the home increases with time. Due to the rise in the prices of the property, or land, the value of the houses increases as well. If the house is in a metropolitan city, then the value of the home will be the most.

Justification for the correct and incorrect answer:

A-

Car;increase: This option is incorrect.

The value of the car decreases over time.

B-

Car;decrease: This option is incorrect.

The car is not an appreciating asset.

C-

House;increase: This option is correct.

The house is an appreciating asset, and its value increases over time.

D-

House;decrease: This option is incorrect.

The house is an appreciating asset, but its value increases over time.

Therefore, the house is an appreciating asset, and its value increases over time.

Learn More:

1. Tax from selling property

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2. Property taxes

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3. Revenue from property taxes

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Answer Details:

Grade: High school

Chapter: Housing property

Subject: Business studies

Keywords:

A house is generally considered an appreciating asset because it may increase in value over time, car, increase, car decrease, house; increase, house;decrease.

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Spontaneous funds are generally defined as follows: Select one:

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Answer:

The correct answer is letter "C": Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include immediate increases in accounts payable, accrued wages, and accrued taxes.

Explanation:

Spontaneous funds are all those incomes that a company receives without expecting them. The money can be received from different internal and external sources but they imply obligations. It means taxes are likely to be deducted after reporting the income in the firm's accounting books.

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4 years ago

Zoe Corporation has the following information for the month of March: Cost of direct materials used in production$17,811 Direct

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Answer:

The question is not complete as requirement is not given.

However,in supply of information like this, determination of cost of sale is generally assumed to be the requirement.

The cost of sale for Zoe corporation for March is $76,396

Explanation:

Two accounts are needed to derive the cost of sale: manufacturing account and trading account.

Manufacturing account is prepared to determine the cost of production. The preparation of cost of production involves three major steps:

1. Determination of prime cost by adding direct material cost with material labor cost and other direct manufacturing cost.

2. Adding prime cost with factory overhead cost.

3. Adding changes in work in progress( Opening WIP minus Closing WIP) to value arrived at step 2.

The figure arrived at is cost of production.

Trading account is prepared to derive the cost of sale for a particular period.

It involves adding opening finished goods with purchases (if any) and cost of production. After this, closing finished goods is subtracted from the figure derived above to arrive at cost of sales for the period.

Using information supplied by Zoe Corporation, the cost of sale is:

Zoe Corporation

Manufacturing Account For March

$ $

Cost of direct materials used in production 17,811

Direct Labor 29,363

Prime Cost 47,174

Add: Factory Overheard 32,472

79,646

Changes in Work in Progress

Begininng WIP 20,353

Closing WIP (19,710) 643

Cost of Production 80,289

Trading Account For March

Opening Finished inventory 24,290

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104,579

Closing Finished Inventory (28,183)

Cost of Sale  76,396

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4 years ago

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Answer:

These two statements are correct:

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If the economist Danny Cox is recommending increases in government investment in real assets, it must be because the private sector is not investing enough.

An economy with low levels of private investment is an economy that in the long-run will not grow because investing is what produces capital accumulation, and what faciliates technological change, and those two factors are the most important variables for economic growth.

E. Irrespective of what policy measure the government implements to combat the crisis, inflation in Cassiopeia is likely to increase further.

This statement is correct if it is referring to the two policies recommended by economist Cox and unionist Boyle. Niether an income tax refund, or an increase in government spending are measures that tackle inflation, and in fact, both could increase inflation.

A income tax refund would put more cash in the hands of the public, and if demand for money is low, this would increase the velocity of circulation, and the more rapidly money circulates, the higher the inflation rate according to the quantity theory of money.

And more government spending is a form of expansionary fiscal policy that could increase inflation if the government finances the expenses by printing money.

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3 years ago

When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

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Less than the price charged by a monopoly and more than the price charged by a competitive market.

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2 years ago

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2 years ago

A _________ is generally considered an appreciating asset because it may _________ in value over time.

A _ is generally considered an appreciating asset because it may _ in value over time.