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3 years ago

Identify the advantages of renting versus buying a home.

2 answers:

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>

<u>lower repair costs</u>
<u> lower insurance costs</u>

<h2 /><h2 /><h2 /><h2 /><h2><em>advantages of renting versus buying a home.</em></h2>

<u><em>tax benefits</em></u>
<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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Can someone please help mee

Vsevolod [243]

Answer:

$1,467.88

Explanation:

Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.

In this case, the gross pay is $1,828. The total taxes are $ 360.12.

The net pay will be $1,828 -360.12.

= $1,467.88

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3 years ago

In 1932, the u.s. government imposed a two-cent tax on checks written on deposits in bank accounts. this action would be expecte

Inessa05 [86]

<span>In 1932, the u.s. government imposed a two-cent tax on checks written on deposits in bank accounts. this action would be expected to increase the currencyâ€“deposit ratio and decrease the money supply. Tax are basically meant to defers the writing of checks. Hence people will be unwilling to pay tax and does not want to write check which will increase their bank balance and hence currency deposit ratio will rise and money supply will decrease in the economy.</span>

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3 years ago

Audrey is debating the superiority of a market economy with her friend Bill. Audrey supports her argument in favor of a market e

Gelneren [198K]

Adam Smith's invisible hand theory is the concept that in a market where people are free to buy and sell as they please, buyers will buy goods that sellers offer at prices that work for all parties.

4 0

3 years ago

Prepare journal entries to record the following four separate issuances of stock. A corporation issued 7,000 shares of $10 par v

german

Answer:

DEBIT $ 84.000 Cash

CREDIT $ 70.000 Common Stock

CREDIT $ 14.000 Paid-In Capital in Excess of Par Value

DEBIT $ 43.000 Promotion Expenses

CREDIT $ 3.500 Common Stock

CREDIT $ 39.500 Paid-In Capital in Excess of Par Value

DEBIT $ 43.000 Promotion Expenses

CREDIT $ 43.000 Common Stock

DEBIT $ 218.000 Cash

CREDIT $ 175.000 Preferred Stock

CREDIT $ 43.000 Paid-In Capital in Excess of Par Value

Explanation:

DEBIT $ 84.000 Cash

CREDIT $ 70.000 Common Stock

CREDIT $ 14.000 Paid-In Capital in Excess of Par Value

As the company declared a par value, it's necessary to split the equity in two accounts, Common Stock

for the stated value ($70,000) and the Paid in Capital for the excess of cash over the Common Stock ($14,000)

DEBIT $ 43.000 Promotion Expenses

CREDIT $ 3.500 Common Stock

CREDIT $ 39.500 Paid-In Capital in Excess of Par Value

As the company declared a par value, it's necessary to split the equity in two accounts, Common Stock

for the stated value ($3,500) and the Paid in Capital for the excess of the price over the Common Stock ($39,500)

In this case there is no cash because the shares are in exchange for the promotions effort (Expenses)

DEBIT $ 43.000 Promotion Expenses

CREDIT $ 43.000 Common Stock

As the company declared no-par value, it's not necessary to split the equity in two accounts, full value to common stocks account

In this case there is no cash because the shares are in exchange for the promotions effort (Expenses)

DEBIT $ 218.000 Cash

CREDIT $ 175.000 Preferred Stock

CREDIT $ 43.000 Paid-In Capital in Excess of Par Value

Last escenario the company declared preffered stock and not Common ones, so the equity account in this case it's Preferred stock

as the par value it's $100 ($175,000) to Preferred Stock and Paid in Capital for the excess of the price ($43,000)

6 0

3 years ago

People who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equil

Alik [6]

Answer: structurally unemployed

Explanation: The structurally unemployed are people who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equilibrium. This translates to a mismatch between the jobs available and the skill levels of unemployed workers i.e., the skills unemployed workers have do not match the skills needed or required by employers which often are higher paying. Structural unemployment is caused by forces such as technological advancements, trade agreements etc. Typically it occurs when an underlying shift in the economy makes it difficult for some group of workers to obtain jobs.

3 0

3 years ago