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3 years ago

What is the best reason for why someone would want to

Business

1 answer:

Maksim231197 [3]3 years ago

8 0

Answer:

Explanation:

Leasing a house is the other name for renting a house which is preferably far more better for a person or a family who is planning to live there for a short period of time. A lessor is a person who gives his property on rent to the lessee. It is a way through which the person taking the house on rent is relieved from incurring cost on the repairs if required as the responsibility solely belongs to the owner of the house that is the lessor. People prefering leasing over buying a property is always ready to bear the increase in the costs of rent which is far more lesser than spending money or saving money for the down payment for buying a house. Moreover the person leasing the house only gets the ownership of the house under a contractual basis where they dont have the right to sell the property taken on lease.

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Tyrone has three options on how to spend his saturday afternoon: to go out with friends, watch a movie, or wash his car. tyrone'

Ilia_Sergeevich [38]

If Tyrone has three options on how to spend his saturday afternoon: to go out with friends, watch a movie, or wash his car. tyrone's opportunity cost of washing his car would be: the value of going out with friends OR watching a movie

<h3>What is opportunity cost?</h3>

Opportunity cost can be defined as an way in which alternative is forgone because another alternative was chosen.

Based on the given scenario the opportunity cost will be the value of going out with friends or the value of watching a movie.

Therefore the correct option is D.

The complete question is:

Tyrone has three options on how to spend his Saturday afternoon: go out with friends, watch a movie, or wash his car. Tyrone's opportunity cost of washing his car would be:

a) the value of going out with friends.

b) the value of watching a movie.

c) the value of going out with friends AND watching a movie.

d) the value of going out with friends OR watching a movie.

Learn more about Opportunity cost here:brainly.com/question/481029

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6 0

1 year ago

Which of the following is a reason that single sourcing is considered risky/bad?a. Larger orders make quantity discounts more li

Alinara [238K]

Answer:

The correct answer is letter "B": There could be supplier interruptions due to political instability.

Explanation:

Single sourcing refers to a company deciding to choose one particular supplier -even if there are many options from where to select- because of a specific reason. The greater disadvantage of this situation is relying on one supplier for the manufacturing process which at a certain point could bring instability in front of different issues inherent or not to the supplier.

6 0

3 years ago

Wyatt is paying back a loan with a nominal interest rate of 13. 62%. If the interest is compounded quarterly, how much greater i

lbvjy [14]

Wyatt's effective interest rate would be greater than his nominal interest rate by 0. 71 percentage points.

The nominal interest rate is 13. 62% or 0.1362 that would be given an effective rate of interest as follows:

$R=(1+\frac{i}{m})^{m} -1\\=(1+\frac{0.1362}{4})^{4} -1\\=0.1433$

Here, the value of the effective rate of interest, that is 0.1433 that would be multiplied with 100 to get the percentage value of 14.33%

Hence, the difference between effective and nominal interest rates would be:

$14.33-13.62\\=0.71$

Learn more about the effective and nominal rates of interest here:

brainly.com/question/2787260

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2 years ago

What could the owner of a movie theater expect as the possible result from an increase in movie ticket prices?

never [62]

Answer:

Explanation:

Fewer Movie goers will pay a hier price

8 0

3 years ago

Select TWO Mitchell, a calendar year taxpayer, is the sole proprietor of a fast-food restaurant. His adjusted basis for the buil

Advocard [28]

Answer:

a. The earliest date that Mitchell can acquire a new restaurant and qualify for § 1033 postponement is March 12

b. On June 30

Mitchell purchases land and a building for $610,000

Recognized gain = Condemnation proceed - Adjusted basis

= $625,000 - $450,000

= $175,000

Mitchell's recognized gain is limited to $625,000 - $610,000 = $15,000

Thus, Mitchell's recognized gain is $15,000

c. Adjusted basis for the new land and building = Cost of land and building - Postponed gain = $610,000 - $160,000 = $150,000. Thus, adjusted basis for the new land and building purchase by Mitchell is $450,000

d. Realized gain = $625,000 - $450,000 = $175,000. Thus, the unrealized gain by not option for section § loss = $175,000 and the adjusted basis for new land and building is $610,000

e. Under the section § 1033 , as no replacement property to purchased. Mitchell's recognized gain = $175,000

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3 years ago