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Travka [436]
3 years ago
14

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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________ forces the salesperson to be open-minded and to shoot for the top.
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Compitition forces thesales person to beopen-mindedand to shoot for the top.

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When it comes to architectural
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Suppose Deborah gets a sales bonus at her place of work that gives her an extra $600 of disposable income. She chooses to spend
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Option (d) is correct.

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Suppose Deborah gets a sales bonus at her place of work,

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= 480 ÷ 600

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7 0
3 years ago
Hamilton company uses a periodic inventory system, at the end of the annuanl accounting period, December 31,2015, the accounting
n200080 [17]

Answer:

FIFO : Ending Inventory = $6,000, Cost of Goods Sold = $36,000

LIFO : Ending Inventory = $36,000, Cost of Goods Sold = $28,000

Weighted Average Cost Method : Ending Inventory = $10,500, Cost of Goods Sold = $31,500

Explanation:

<u>FIFO</u>

Assumes that the first goods received by business will be the first ones to be delivered to the final customer.

Ending Inventory

Ending Inventory = Units left × Earliest Price

                             = 3000 units × $2

                             = $6,000

Cost of goods sold

Cost of goods sold : 2000 units × $5 =  $10,000

                                  6000 units × $4 = $24,000

                                  1000 units  × $2 =   $2,000

                                 Total                    =  $36,000

<u>LIFO</u>

Assumes that the last goods purchased are the first ones to be issued to the final customer.

Ending Inventory

Ending Inventory      2000 units × $5 =  $10,000

                                  6000 units × $4 = $24,000

                                  1000 units  × $2 =   $2,000

                                 Total                    =  $36,000

Cost of goods sold

Cost of goods sold : 4000 units × $2 =  $8,000

                                  5000 units × $4 = $20,000

                                  Total                   =  $28,000

<u>Weighted Average Cost Method</u>

The average cost of goods held is recalculated each time a new delivery of goods is received Issues are then priced out at this weighted average cost.

First Calculate the Average Cost

Average Cost = Total Cost / Total Units

                       = (2000 × $5 + 6000 × $4 + 4000 × $2) / 12,000

                       = $42,000 / 12,000

                       = $3.50

Ending Inventory

Ending Inventory = Units left × Average Price

                             = 3000 units × $3.50

                             = $10,500

Cost of goods sold

Ending Inventory = Units Sold × Average Price

                             = 9,000 units × $3.50

                             = $31,500

3 0
3 years ago
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