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3 years ago

One reason to buy a home instead of rent a home is:

2 answers:

7 0

I'm not sure if you have answer questions but here are some potential choices:
-Home value can increase over time if you want to sell again.
-You don't need to worry about rent.
-You can change your homes interior and exterior

Effectus [21]3 years ago

3 0

Less money up front equals it to be better than renting an appartment

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Determine if the people in the example have benefited (i.e., are winners) or have been harmed (i.e., are losers) by unexpected i

Over [174]

Answer:

Winners

The US Federal Government
Joy

Losers

Karen
Herb
3rd National Bank

Explanation:

The US Federal Government is a Winner because Inflation in general has the effect of eroding the value of money. Generally interest rates account for this but when it is Unexpected Inflation they don't. The US government is a winner because the amount of debt they now have in real terms have decreased.

Joy is also a winner for the same reason as the US government.

Karen lost out as a result of this because her Fixed Pension does not change with inflation which means that when inflation rates go up unexpectedly she will be able to buy less goods and services.

Herb's money will lose real value as a result of inflation because like Karen, Herb will be able to buy less goods and services when inflation rises.

3rd National Bank will also lose out because they made loans that would not have accounted for Unexpected inflation. The real value that they will be owed will therefore be less and they will suffer 'real' losses.

8 0

3 years ago

A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what

belka [17]

Hi Ddestinyclark8385,

<span><u>A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what is the balance in the contributed capital accounts?</u>
</span>b. $32.000

7 0

3 years ago

The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed $2.7 million in long-term debt, $760,000 in the common stock accoun

g100num [7]

Answer: -($2,000,000)

Explanation:

Cash flow to creditors = Increase in long term debt + Interest Paid

= ($2.7 - $4.25) + $180,000

= - $1,550,000 + $180,000

= - ($1,370,000)

Cash flow to shareholders = Dividends paid + Increase in common stock + Increase in additional paid-in surplus account

= $510,000 + ($760,000 - $905,000) + ($6.25 - $7.9)

= $510,000 - $145,000 - $1,650,000

= - ($1,285,000)

Cash flow from Assets = Cash flow to creditors + Cash flow to shareholders

= - ($1,370,000) - ($1,285,000)

= - ($2,655,000)

Operating cash flow = Cash flow from Assets + Change in net working capital + net capital spending

= - ($2,655,000) + (-$195,000) + $850,000

= -($2,000,000)

8 0

3 years ago

XYZ Company had 200,000 shares of common stock outstanding on December 31, 2020. On July 1, 2021, XYZ issued an additional 44,00

-Dominant- [34]

The XYZ Company's basic earnings per share are $0.71, while the diluted earnings per share are $0.72.

Data and Calculations:

Outstanding Common stock shares on Dec. 31, 2020 = 200,000 shares

July 1, 2021, Issuance of 44,000 shares

Total outstanding common stock

January 1, 2021, Issuance of 16,000 convertible preferred stock

Par value of preferred stock = $100 per share

The Dividend rate of preferred stock = 6%

Convertibility of preferred stock = 8 common shares

Net income = $270,000

Preferred dividend = $96,000 ($1,600,000 x 6%)

Earnings for common stockholders = $174,000 ($270,000 - $96,000)

Basic earnings per share = (Net income - Preferred Dividend)/244,000

= ($174,000)/244,000

= $0.71

Convertible Preferred into Common stock = 128,000 (16,000 x 8) shares

Total shares = 372,000 (244,000 + 128,000)

Diluted earnings per share = $270,000/372,000

= $0.73

Learn more: brainly.com/question/22374514

8 0

2 years ago

As the price level falls a. people will want to hold more money, so the interest rate rises. b. people will want to hold more mo

icang [17]

Answer:

The answer is C.

Explanation:

As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.

As price level falls, value of money decreases because a unit of money will more of goods or services.

During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.

With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.

8 0

3 years ago