just you know what it must be that i think
Explanation:
suppose a perfectly competitive market is sufdenly what think so
Answer:
D. Cash is debited $5,000; capital is credited $5,000.
Explanation:
The action by Mr. Peabody will increase both cash and capital accounts by $5000 each. As per the accounting equation,( Assets = owners equity + liabilities) cash and capital are on the opposites sides. Cash is an asset, while capital is equity.
An increase in an asset is a debit, while an increase in capital is credited. In this case, the cash account will be debited by $5000, while the same amount will credit the capital account.
Complete Question
Annual rent $ 7,380
Insurance 145
Security deposit 650
Annual mortgage payments $9,800 ($9,575 is interest)
Property taxes 1,780
Insurance/maintenance 1,050
Down payment/closing costs 4,500 Growth in equity 225
Estimated annual appreciation 1,700
Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent.
(a) Calculate the total rental cost and total buying cost.
Answer:
Explanation:
(a)Rental Costs
Buying Costs $7,380
Rent $9,800
The following calculations were made:
Interest lost on security deposit
= Security deposit × 7%
= $650 × 0.07 = $45.5
Interest lost on down payment and closing cost
= Down payment × 7%
= $4,500 × 0.07 = $315
Tax savings for mortgage interest =
Interest × 28%
$9,575 × 0.28 = $2,681
Tax savings for property taxes =
= Property taxes × 28%
$1,780 × 0.28 = $498
Based on the automobile analysis, the features one should present when demonstrating 2022 Murano's confident cornering include "<u>4-wheel independent suspension."</u>
<h3>What is Cornering in a vehicle?</h3>
Cornering is a term that describes the extent of the force wielded on the vehicle's center of gravity.
<h3>Other features one should present when demonstrating 2022 Murano's confident cornering </h3>
- Intelligent All-Wheel Drive
- Electrically driven hydraulic power steering
2022 Murano is a modern vehicle produced by Nissan Manufacturer. It comes with the latest design, swift navigation component, and easy-to-handle features.
Hence, in this case, it is concluded that the 2022 Murano is one of the latest vehicles to possess.
Learn more about the vehicle features here: brainly.com/question/17183497
Answer:
$432,000
Explanation:
The computation of the actual return on the plan assets for the year 2017 is shown below:
Fair Value of plan as Dec 31,2017 $2,559,000
Less:
Fair Value of plan as Jan 1 , 2017 (-$2,177,000)
Increase in fair value $382,000
Less:-Contributions to the plan -$309,000
Add: Benefits to paid to retiree $359,000
Actual return on plan assets for 2017 $432,000
