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Tems11 [23]
3 years ago
10

Which of the following statement about renting vs owning is correct

Business
2 answers:
Olin [163]3 years ago
6 0
Rest of the answer? There should be more
qwelly [4]3 years ago
6 0

Answer:

An owner has complete responsibility and control over the property.

Explanation:

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(ASAP) please help….Please
Lyrx [107]

Explanation:

Through publically agreed laws that correspond to a common set of public restrictions, the ‘people as a sovereign body’ serves to protect against violations of individual liberty and despotic power. Where no such common body exists, individuals are deprived of this protection. In such cases, individuals must obey without liberty, while those in power command under a state of license. Neoliberal theorists maintain that any common personality, with its corresponding set of public and arbitrary positive and negative restrictions on liberty, undermines individual liberty. Neoliberal theory only allows for private restrictions on liberty. Against these neoliberal assumptions, we argue that rejecting public restrictions on liberty does not promote individual liberty.

4 0
3 years ago
Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $
Mariana [72]

Answer:

a. 1,500

Explanation:

The formula to compute the break even point for earning target profit is shown below:

= (Fixed cost + target profit) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

So,  the break even point would be

= ($100,000 + $20,000) ÷ ($100 - $20)

= $120,000 ÷ $80

= 1,500 rooms

5 0
4 years ago
You were planning to spend Friday working at your part-time job, but a friend asks you to go kayaking.
zysi [14]

Answer:

b. The fee for accessing the river in a national park

c. The wages you forgo by going kayaking

d. The rental of any kayak equipment you need

Explanation:

True cost includes all the cost incurred in kayaking and opportunity cost. All the costs incurred in kayaking includes :

The fee for accessing the river in a national park

The rental of any kayak equipment you need.

The opportunity cost of kayaking is: The wages you forgo by going kayaking.

I hope my answer helps you

3 0
3 years ago
Two years ago, Kimberly became a 30 percent partner in the KST Partnership with a contribution of investment land with a $14,750
Jlenok [28]

Answer: A) $3,425 B)$5,950 C)$18,175

Explanation:

a)Kimberly's capital gain = land's Fair market value -non contributed land's Fair market value  = $26,075- $22,650= $3,425

b)Kimberly's basis after the distribution = basis  in KST + gain - Carryover basis in land = $20,700 + $3, 425 -  $18,175 = $5,950

c) KST's basis on the land =KST land's basis on contribution+ Kimberly's gain = $14,750+$3, 425 = $18,175

7 0
3 years ago
The following incorrect income statement was prepared by the accountant of the Axel Corporation:
xxMikexx [17]

Answer:

                          AXEL CORPORATION

Income Statement For the Year Ended December 31, 2021

Particulars                            Amount           Amount

Sales Revenue                                           $6,60,000

Less : Cost of Goods Sold                         <u>$360,000</u>

Gross Profit                                                 $300,000

Less: Operating Expenses  

Selling Expenses                 $66,000

Administrative Expenses    $86,000        <u>$152,000</u>

Operating Income                                       $148,000

<u />

<u>Non- Operating and others </u>

Restructuring cost               -$62,000  

Interest Expenses                -$23,000  

Interest Revenue                $39,000  

Gain on sale of investment  $86,000         <u>$40,000</u>

Net Income before Taxes                            $188,000

Less : Income Tax Expenses                        <u>$47,000   </u>

Net income after Taxes                                <u>$141,000</u>

The Earning Per Shares remains $1.41

4 0
3 years ago
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