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Gala2k [10]
3 years ago
5

Identify the advantages of renting versus buying a home.

Business
2 answers:
mina [271]3 years ago
7 0
<h3><em>Drag each label to the correct location on the image.</em></h3><h3><em></em></h3><h3><em></em></h3><h2><u><em>Identify the advantages of renting versus buying a home.</em></u></h2><h2><em></em></h2><h2><em></em></h2><h2><em>advantages of renting </em></h2>
  1. <u>lower repair costs</u>
  2. <u> lower insurance costs</u>
<h2 /><h2 /><h2 /><h2 /><h2><em>advantages of renting versus buying a home.</em></h2>
  1. <u><em>tax benefits</em></u>
  2. <em> </em><u><em>fixed mortgage payments</em></u>
NARA [144]3 years ago
6 0
While it may seem like buying a house will be a great real-investment, nothing can be further from the truth.

When you rent a house, you only have to pay the Rental, and possibly an insurance cost and obviously utility bills.

However, if you buy a house, your single biggest monthly expense would be the Mortgage. You will also have to pay a property tax, huge repair and maintenance costs and insurance costs to cover the property.

Mortgage payments can take up to 20-30 years to pay off and if you combine the costs of tax, repairs and insurance, you really don't end up with a very expensive asset.


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An industry is composed of 10 firms, all with equal sales (e.g. firm 1 sales are 10% of the market, firm 2 sales are 10% of the
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0.40

Explanation:

The four firm concentration ratio = 10%+ 10% + 10% + 10% = 40% =0.40

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3 years ago
The following information is available for Windsor, Inc. for the year ended December 31, 2017. Beginning cash balance $ 45,720 A
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Answer:

<em>Cash generated for the year:</em>   348,793‬

ending cash:    394,513

Explanation:

<u>Operating Activities:</u>

Net Income     288,646

depreciation <u>   164,592  </u>

adjusted          453,238

change in Working capital:

AP decrease             3,759

Tax Payable               4,775

AR increase              (8,331)

Inventory increase <u>  (11,176)  </u>

total change            (10,973)

<em>cash generated from operating activities  442.265</em>

<em />

<u>Investing Activities</u>

proceed from land        35,560

purchase of building  (293,624)

<em>cash used from investing activities 258,064‬</em>

<u></u>

<u>Financing Activities</u>

issuance of shares    203,200

TS purchase                (26,416)

dividends paid             (12,192)

<em>cash generated from financing activities  164,592</em>

<em />

<em>Cash generated for the year:</em>   348,793‬

beginning cash                             45,720

ending cash                                 394,513

3 0
3 years ago
On the Budget Challenge Cash Flow Spreadsheet (CFS) (this file is downloadable on the "How to Play" page of the website), what c
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A top performing used car salesman is able to sell his cars to each customer at their maximum willing to pay, a practice known a
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Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. $200
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Answer:

Normal:

$ 3,509.7470

$    563.7093

$ 2,000.00

Due:    

 $3,930.9167

 $   597.5319

 $ 2,000.00

Explanation:

We solve using the formula for common annuity and annuity-due on each case:

C \times \frac{(1+r)^{time} }{rate} = FV\\

C \times \frac{(1+r)^{time} }{rate}(1+rate) = FV\\ (annuity-due)

<u>First:</u>

C 200.00

time 10

rate 0.12

200 \times \frac{11+0.12)^{10} }{0.12} = FV\\

200 \times \frac{11+0.12)^{10} }{0.12}(1+0.12) = FV\\

Normal:  $3,509.7470

Due:       $3,930.9167

<u>Second:</u>

100 \times \frac{(1+0.06)^{5} }{0.06} = FV\\

100 \times \frac{(1+0.06)^{5} }{0.06} (1+0.06)= FV\\

$563.7093

$597.5319

<u>Third:</u>

No interest so no time value of money the future value is the same as the sum of the receipts regardless of time or being paid at the beginning or ending.

1,000  + 1,000 = 2,000

4 0
3 years ago
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