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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.

<u>Therefore, the house is an appreciating asset, and its value increases over time. </u>

Learn More:

1. Tax from selling property

<u>brainly.com/question/2617534 </u>

2. Property taxes

<u>brainly.com/question/1535083 </u>

3. Revenue from property taxes

<u>brainly.com/question/2689578 </u>

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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3 years ago

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3 years ago

What is the present value of the following set of cash flows discounted at 10 per year?

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2 years ago

When applying the general accounting equation, if total liabilities increased by $5,000, then (select the BEST and MOST COMPLETE

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Answer:

Assets must have increased by $5,000, or stockholders' equity must have decreased by $5,000

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.

This may be expressed mathematically as

Assets = Liabilities + Equity

As such, an increase in total liabilities by $5,000 from the options given means that assets must have increased by $5,000, or stockholders' equity must have decreased by $5,000, this way, the accounting equation stays true.

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3 years ago

In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra

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Answer:

C. Stella, Capital will be debited for $4,000.

Explanation:

As for the provided information, we have,

Out of all the partner's Tiffany is retiring.

Tiffany's capital balance = $50,000

On his retirement he is paid $60,000

Since no goodwill is recorded, the excess amount paid over capital = $60,000 - $50,000 = $10,000, will be debited in remaining partner's ratio.

Ron's share in these $10,000 = $10,000 $\times$ 3/(3+2) = $6,000

Stella's share = $10,000 $\times$ 2/(2+3) = $4,000

Thus, Correct answer is debiting Ron's capital by $6,000 and Stella's capital by $4,000

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3 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.