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3 years ago

Which best describes the benefits of renting a home?

Business

2 answers:

cluponka [151]3 years ago

8 0

The answer is: d. none of the above

Renting actually cost lower upfront but would be greater if being done in the long term.

Since you do not possess the ownership of the property, renting actually more flexible compared to buying a house since you do not have the obligation to pay the property tax. You can move whenever you want.

Statement on option C is true but it cannot be considered as a benefit.

AleksandrR [38]3 years ago

5 0

The correct answer is D. None of the above.

All these which are given they are disadvantages of renting.

Some of the advantages of renting a home may determine with the style of living and financial situation of a person.

Some advantages of renting a home may include;

1. Landlord may be responsible for maintenance or any property which needs repair.

2. It is cheaper to rent than to own a house

3. There is a lot of flexibility when renting. For example, movement from one place to another.

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Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed expenses total $65,000 per

Jlenok [28]

Answer:

8,000 units

Explanation:

Given that,

Selling price = $25.00 per unit

Total fixed expenses = $65,000 per year

Break even sales in units = 6,500

Target profit = $15,000

Break-even sales in dollar value:

= Break even sales in units × Selling price per unit

= 6,500 × $25.00 per unit

= $162,500

Break-even Point = Fixed Costs ÷ Contribution Margin per Unit

$162,500 = $65,000 ÷ Contribution Margin per Unit

Contribution Margin per Unit = $65,000 ÷ $162,500

= $0.4 per unit

Sales amount:

= (Fixed costs + Target profit) ÷ Contribution margin per unit

= ($65,000 + $15,000) ÷ $0.4 per unit

= $200,000

Therefore,

Sales in units = Sales in amount ÷ Selling price per unit

= $200,000 ÷ $25

= 8,000 units

5 0

3 years ago

Jones Company sells an average of 200 chairs per week, of which 30% are regular chairs and 70% are executive chairs. Regular cha

MissTica

Answer:

Contribution margin per unit: $42.9

Total contribution margin: $8,580

Explanation:

The contribution margin per unit is calculated by calculating the total contribution margin, which is basically the total sales, minus the costs of production, in this cae we have that we sold:

60 regular chairs

140 executive charis

Now the total in sales is:

Regular sales: $6,000

Executive chairs: $23,800

The variable cost of each is:

Regular chairs: $3720

Executive chairs: $17,500

We add up the sales and withdraw from it the total variable cost:

29,800-21,220=8,850

The total contribution margin is equal to $8850.

And the contribution margin per unit is given by dividing the total contribution margin by the number of units sold:

8850/200= 42.9

So the contribution margin per unit is 42.9 dollars.

7 0

3 years ago

Integrated marketing communications involves carefully coordinating a company's many communications channels to deliver a clear,

olga nikolaevna [1]

Answer:

True

Explanation:

The above statement is true as integrating marketing communication is a system that helps businesses to coordinate effectively within the organisations. Integrated marketing communication consists of various communication channels that assist to deliver a message in the most effective way possible. It also helps to form compelling messages for customers.

7 0

3 years ago

This a type of unemployment that always exists and are relatively stable over time, including seasonal, structural, and friction

Darya [45]

Answer: Natural unemployment

Explanation:

Natural unemployment always exists even in a healthy economy this is because the people keep changing their jobs and they even leave the current job in search of the new ones. Natural unemployment also includes other types of unemployment such as seasonal, structural and frictional unemployment types.

Also some people might possess skills that are not necessary in the labor market. The natural unemployment is still in the economy even when there is technological advancement, industry expansion. New labor forces enter into market every year and people search jobs for better opportunities.

6 0

3 years ago

Read 2 more answers

When Elle's Espresso Bar raised its price by 10 percent, the quantity of coffee that Elle sold decreased by 40 percent. When E

victus00 [196]

Answer: Elle's coffee has lots of close substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee.

Here, it can be seen that when Elle's Espresso Bar raised its price by 10 percent, the quantity of coffee that Elle sold decreased by 40 percent, whereas when Elle and all her competitors cut their prices by 10 percent, the quantity of coffee sold by Elle increased by only 4 percent.

∴ The demand for Elle's coffee is more elastic than the market demand for coffee.

7 0

3 years ago

Read 2 more answers