Complete Question:
A. According to census data, the percentage of Southville's population that lives in rural areas has gradually been shrinking.
B. The standards for obtaining a mortgage loan in Southville have been more stringent compared to many other countries.
C. Prior to the crisis, the prices of existing homes also increased in proportion to the prices of new homes in Southville.
D. A large proportion of home buyers in Southville were individuals who already owned one or more houses.
E. The inflation-adjusted real wage in the construction industry increased by 10 percent prior to the crisis.
Answer and Explanation:
Options A and D would weaken Bob's argument. The reason why option A would weaken Bob's argument would be because Bob said that the population is increasing whereas the according to the census data, the population has gradually been shrinking.
The reason for option D is that the individuals who already owned houses were buying new houses. So what was the need for them to buy additional new houses?
Answer:
C) Inventory xxx Accounts Payable xxx
Explanation:
Accounts payable is a liability, and a liability always has a credit balance, as the amount is due to them. The company needs to pay them back.
Accordingly the company buys inventory and the inventory is an asset and thus, the company will debit the inventory account.
Whenever any purchases are made, or any service is utilized on credit then the company creates an accounts payable as a liability as against it.
Answer:
The expected annual return of Portfolio is 12.00%
Explanation:
The portfolio return is calculated by multiplying the individual security return with weight of individual security in the portfolio. We have three securities R, J and K with expected return on 12%, 18% and 8% with weight of 50%, 20% and 30%. Through multiplying them we get individual return of security that is 6%, 3.6% and 2.4%. The weighted average portfolio return is 12%
Answer:
D. Accounts for resources that are legally restricted so only earnings, not principal, may be expended.
Explanation:
Based on the scenario been described in the question, we can say that a permanent fund classified under governmental funds are accounts for resources that are legally restricted so only earnings, not principal, may be expended. We have government funds as special service funds and debt service funds. so we this explanation, we can see that the best is option D which is the correct answer.
To break even, a business must sell enough units to determine the point to cover all its costs cover its fixed costs cover variable costs earn a profit.
If your fixed expenses are ten thousand dollars and also you sell a product for hundred dollars that has an according-to- sell enough unit variable fee of forty-five dollars, you will perform this calculation of ten thousand divided by way of a hundred minus forty-five.
The break-even point is 181.81 products, which you can round up to 182 products you ought to sell to interrupt even. The destroy-even point is the factor at which total fee and overall sales are the same, which means there is no loss or advantage in your small commercial enterprise. fixed costs-Contribution margin in keeping with unit. Your ruin-even point in units will tell you exactly how many devices you need to sell to show earnings. if you're able to sell greater gadgets past this point, you may earn a profit.
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