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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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Duke Company's records show the following account balances at December 31, 2021:

Triss [41]

Answer:

Total comprehensive income = $2,250,000

Explanation:

Note: See the attached excel file for the single, continuous multiple-step statement of comprehensive income for 2021.

Multiple-step income statement is an income statement that employs multiple subtractions in the process of calculating the net income. Multiple-step income statement shows the gross profit and separates the operating revenues and expenses from the nonoperating revenues, expenses, gains, and losses.

Download xlsx

5 0

3 years ago

What is the total stockholders' equity based on the following account balances?

Rashid [163]

Answer:

The total stockholders' equity amounts to $640,000

Explanation:

The total stockholders' equity is computed as:

Total stockholders' equity = Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock

where

Common Stock is $375,000

Paid-In Capital in Excess of Par is 90,000

Retained Earnings is 190,000

Treasury Stock is 15,000

Putting the values in the above:

= $375,000 + $90,000 + $190,000 - $15,000

= $655,000 - $15,000

= $640,000

3 0

3 years ago

Last year, Nikkola Company had net sales of $2,299,500,000 and cost of goods sold of $1,755,000,000. Nikkola had the following b

viktelen [127]

Answer:

Average receivables = $157,500,000

Explanation:

Account receivable represent the amount of credit made by a business which remain uncollected as at the reporting date. In other words, they represent the amount that customers are owing the business in respect of credit sales.

Average account receivables

=(opening balance + closing balance)/2

=( $142,650,000 + $172,350,000)/2

= 157,500,000.

6 0

3 years ago

What dApp does the author describe as a set of smart contracts that stores data on a home-listing blockchain?

belka [17]

The dApp that the author describes as a set of smart contracts that stores data on a home-listing Blockchain is bUber.

<h3>What is a Blockchain dApp?</h3>

dApp means decentralized applications. They are digital applications running on the Blockchain network. They rely on many computers using smart contracts without third party control but computer technologies.

The benefits of dApps include the following:

Safety of user privacy
Lack of censorship
Flexibility of development.

Thus, the he dApp that the author describes as a set of smart contracts that stores data on a home-listing Blockchain is bUber.

Learn more about dApp Blockchains at brainly.com/question/15732972

6 0

2 years ago

The Charade Company is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable fac

In-s [12.5K]

Answer:

the total budgeted factory overhead for November is : 2) $110,000.

the budgeted direct labor hours for December must be : 3) 9,000 hours.

total budgeted factory overhead per direct labor hour is : 1) $14.38

Explanation:

To determine the budgeted factory overhead for November, prepare a budgeted factory overhead for November as follows :

November

Budgeted Variable factory overhead ($5.00 × 7,000 hours) = $35,000

Budgeted Fixed factory overhead = $75,000

Total budgeted factory overhead = $110,000

December

Total Cash Disbursements = $105,000

Less Budgeted Fixed factory overhead ($75,000 - $15,000) = $60,000

Budgeted Variable factory overhead = $45,000

Therefore, budgeted direct labor hours = $45,000 / $5.00

= 9,000 hours.

December

Budgeted Variable factory overhead ($5.00 × 8,000 hours) = $40,000

Budgeted Fixed factory overhead = $75,000

Total budgeted factory overhead = $115,000

Therefore, total budgeted factory overhead per direct labor hour = $115,000 / 8,000 hours = $14.375

Which is $14.38 (rounded)

3 0

3 years ago